Abstract
Abstract This article consists of two main parts, both in relation to Serbia’s accession to the European Union - EU in relation to its energy sector: (1) Political and policy issues, and (2) Energy production, consumption and pricing. Each is heavily influenced by the Russia-Ukraine War. Political issues are primarily related to Kosovo, which unilaterally declared independence from Serbia. Regarding supply, Serbia’s energy sector is affected unevenly: while electricity production remains self-sufficient, shortages in oil and gas necessitate imports. Natural gas imports, primarily from Russia, now bypass Ukraine, aided by the new Turk Stream pipeline via Black Sea and also new EU-funded interconnector with Bulgaria. Newly introduced EU sanctions restrict Russian crude oil imports especially via maritime routes, but Russian influence still dominates domestic refineries and hydrocarbon extraction. Serbia’s heavy reliance on environmentally unfriendly lignite conflicts with EU renewable goals, but on the other hand protests against small hydropower projects for capturing rivers in pipes are frequent nowadays. Recent issues in the largest thermal power plant led to costly temporary imports. Despite challenges, Serbia navigates a complex energy landscape, balancing geopolitical realities with domestic and EU objectives while addressing environmental concerns, energy security and its national interest.