General

Energy Law („Official Gazette of the Republic of Serbia“ No. 145/14), the Energy Agency of the Republic of Serbia issues licences for conducting energy activities and passes acts on revoking licences, under conditions stipulated in this law, except for activities of distribution and production of heat Apart from that, the Agency keeps the Register of issued and revoked licences. The Agency carries out these activities as state administration activities entrusted to the Agency by the law.


An energy entity (legal person or entrepreneur) is entitled to begin carrying out an energy activity upon obtaining the relevant licence. Upon an application of legal persons or entrepreneurs, the Energy Agency of the Republic of Serbia issues energy licences which are prescribed by Article 16, paragraph 1, items 1)-23) and 27)-29), with reference to the Article 21 of the Energy Law.


An energy entity performing several energy activities obtains a licence for each energy activity separately.


The licence is issued for a 10-year period, while, in case of the licence for electricity production and combined power and heat production, the licence is issued for a 30-year-period. The licence validity period can be extended upon an energy entity’s application. The licence is not transferable.


When a licence is issued, a fee is paid in line with the legal act on the level of costs for licence issuance which is adopted by the Agency.


News
AERS: Decision on Prices of Non-Frequency Ancillary Services for 2026

Belgrade, February 5, 2026. 

On the session held on February 5, 2026, the Council of the Energy Agency of the Republic of Serbia has adopted Decision on Prices of Non-Frequency Ancillary Services for 2026.


AERS Council Adopted Opinion on Method of Procurement of Non-Frequency Ancillary Services

Belgrade, February 5, 2026.

On the session held on February 5, 2026, the Council of the Energy Agency of the Republic of Serbia has adopted a decision on the adoption of the text of the opinion on the method of procurement of non-frequency ancillary services which has been adopted upon a notification of the Joint Stock Company “Elektromreža Srbije”, Beograd.  


AERS: Methodology for Setting Prices of Non-Frequency Ancillary Services Adopted

Belgrade, January 29, 2026.

On the session held on January 29, 2026, the Council of the Energy Agency of the Republic of Serbia has adopted Methodology for Setting Prices of Non-Frequency Ancillary Services. The Methodology has entered into force on the day following the date of its publication in the Official Gazette of the Republic of Serbia (“Official Gazette of RS”, No. 11/26). 


AERS: Approval of the EMS AD Transmission Network Code

Belgrade, 26 December 2025

On the session held on 25 December 2025, the Council of the Energy Agency of the Republic of Serbia has adopted a decision granting approval to the Transmission Network Code prepared by the transmission system operator of the Republic of Serbia, EMS AD.

The main reason for adopting the new Transmission Network Code is alignment with the new Energy Law of November 2024, the Decree on the Conditions of Electricity Delivery and Supply, as well as harmonization with European network codes (adapted EU regulations) that have been transposed into the legislative framework of the Republic of Serbia.


AERS: Approval of the Electricity Market Code

Belgrade, 26 December 2025

On the session held on 25 December 2025, the Council of the Energy Agency of the Republic of Serbia has adopted a decision granting approval to the amendments to the Electricity Market Code prepared by the transmission system operator of the Republic of Serbia, EMS AD.

The main reason for adopting the new Electricity Market Code is alignment with the new legislative framework, as well as the improvement of processes and the elimination of shortcomings recognised in previous practice.


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