The Minister of Mining and Energy, Dubravka Đedović, says that it is necessary for the price of electricity to rise before the new year, while a few months ago she said that she hoped that would not happen. What has changed?
The hope of the Minister of Mining and Energy, Dubravka Đedović, that the price of electricity in Serbia, which according to her is among the three cheapest in Europe, will not rise, seems to have melted away.
“The increase in the price of electricity is under negotiation, we think it will be necessary for it to be before the new year. We will try to increase the price of electricity as little as possible this year, but a correction is needed for the sake of the long-term stability of our energy system,” said Dubravka Đedović.
She pointed out that as far as energy sources are concerned, Serbia is ready for this winter as well and that it has enough reserves even if something unforeseen were to happen, so that the citizens and the economy could feel safe.
He reminds that the prices of electricity and gas have been at a new low for decades and that this is unsustainable in such a long term. “Our task is to increase investments, and for that it is necessary for companies to operate better so that they can finance investment projects,” said the minister.
The situation is being monitored
The minister stated that the state helped energy companies a lot last year and that she continues to monitor the situation.
“Due to certain obligations that we have assumed in the arrangement with the IMF, we will have to monitor the prices of electricity and gas and stabilize them, so as not to endanger the economy or the citizens, to enable the energy sector and companies to be stable, to carry out the much-needed investments in the energy sector, which are estimated at 15 billion euros in the next 10 to 12 years,” Đedović said.
“Our goal is to have the lowest or among the lowest electricity and gas prices in the region. We managed to do that last year when prices rose by over 100 percent, 120 and 130 percent, as in North Macedonia and Romania,” Đedović added.
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