AERS SUBMITTED 2012 REPORT TO THE NATIONAL ASSEMBLY
Tuesday, May 7, 2013.
The Energy Agency of the Republic of Serbia submitted the Energy Agency 2012 Report to the National Assembly. The Report includes the report on the state-of-play in the Serbian energy sector related to the jurisdiction of the Agency and the report on the activities and financial operations of the Agency.
The Serbian energy sector report includes the review of the state-of-play and the activities in the fields of electricity and natural gas markets and partly oil and oil derivatives field, security of electricity and natural gas supply, steps taken in the field of activities of general interest and protection of electricity and natural gas customers.
In 2012, the Agency complied with all the obligations assigned to the Agency by the Law and which are important for the envisaged dynamics of the Serbian energy market opening. The Agency also played an important role in the work of the Energy Community institutions. In addition, the Agency provided support to other institutions in the activities on both national and international level.
The Agency Council considers that there are three groups of issues which are extremely important for the future of the energy sector in Serbia: electricity and natural gas markets opening, establishment of a long-term pricing policy and provision of long-term security of energy supply.
In 2012, significant steps were made towards electricity and natural gas markets opening and towards more efficient regulation of monopoly activities. However, it is also indicated that irrationalities in the energy sector are not removed efficiently enough and that the delays in compliance with the obligations endanger the deadlines prescribed by the Law.
Electricity and natural gas pricing policy is one of the most complex issues within the energy sector nowadays and it has multiple impacts. One of the crucial components of the issue is the rationalization of costs in the operation of energy companies.
The new Energy Sector Strategy should make long-term conditions for energy stability and principles of harmonisation of the energy sector of Serbia to global and EU requirements more realistic in the most acceptable way for the customers and contribute to the economic development of the country.
Thereby, the conditions for the establishment of a more long-term pricing policy, removal of present imbalances and provision of the stable and stimulating environment for investments are met. The most important precondition for this is the foundation and successful implementation of recently adopted mechanisms for the protection of energy vulnerable customers.