Energy consumption in the buildings sector in Serbia increased by 24% between 1990 and 2019. However, the sector’s emissions grew more modestly in the same period, by 8% to 2.2 MtCO₂e/yr. Final energy demand of the sector relies mostly on electricity (43% in 2019), biomass (24% in 2019) and heating networks (13% in 2019).
Our analysis of 1.5°C compatible pathways show the share of electricity in the building sector’s energy mix rising from 43% in 2019 to between 56–61% in 2030 and 69–80% in 2050.
In April 2021, the Serbian government passed the Law on Energy Efficiency and Rational Use of Energy which established a government agency charged with managing the financing of energy efficiency improvements. The law enables subsidising energy efficiency renovations in public buildings, and granting VAT and customs waivers for the purchase and installation of equipment that improve energy efficiency. To help drive further emissions reductions in the buildings sector, the law should be expanded to include residential buildings.