The RES Law sets the grounds for substantial reforms in the Serbian renewable energy sector and introduces a number of leading-edge solutions to the Serbian and regional electricity markets. The RES Law further aligns Serbian legislation with that of the EU, thus making a significant step towards fulfilling Serbia's commitments under the Energy Community Treaty.
After five years of applying the Law on Mining and Geological Explorations, the time has come to amend it in order to enable a more efficient achievement of its goals. Although it does not bring significant innovations in the Serbian energy legislation, its importance lies in the fact that it elaborates and complements the existing legal framework while at the same time further harmonizing it with the relevant EU legislation.
Considering that the system of EU energy regulations is a process of harmonization and balance between scientific, technological and social development related to energy consumption and the fight against climate change, in the Republic of Serbia, the need arose over time to adopt, in accordance with the "Clean Energy for All Europeans" package, a new law that will regulate the field of energy efficiency - the Law on Energy Efficiency and Rational Use of Energy
The Law on Energy has not been significantly changed to date. The enactment of the Law on Amendments to the Law on Energy, which entered into force on 30 April 2021, further regulated energy subsectors such as electricity, renewable energy sources, natural gas, oil and oil derivatives and thermal energy.