Serbia Savings Policy Assessment
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Country Overview
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Lighting
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Residential Refrigerators -
Commercial Refrigeration -
Room Air Conditioners -
Distribution Transformers -
Industrial Electric Motors
Country Overview
ANNUAL ENERGY CONSUMPTION OF ALL APPLIANCES IN 2040 (TWh)
Energy savings (TWh)
1.6
Percentage of total electricity use (%)
5.28
ANNUAL CO₂ EMISSIONS FROM ALL APPLIANCES IN 2040 (million tonnes)
CO2 emissions avoided (million tonnes)
1.9
Equivalent to number of passenger cars (millions)
1.1
ANNUAL ENERGY COSTS OF ALL APPLIANCES IN 2040 (billion US$)
Energy bill savings (billion US$)
0.18
Equivalent to number of new power plants (100 MW)
3
SHARE OF ELECTRICITY SAVINGS FROM THE DIFFERENT APPLIANCES IN 2040 (%)
TOTAL ENERGY CONSUMPTION OF ALL APPLIANCES IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)
COUNTRY GENERAL INFORMATION
Electrification rate (%)
100
Transmission and distribution loss factor (%)
15
CO2 emissions factor (kg/kWh)
0.97
Population 2021 (million)
8.7
GDP per capita 2021 ($)
7,892
Residential electricity price ($/kWh)
0.11
CUMULATIVE SAVINGS (2022 - 2040)
Energy savings (TWh)
21.8
CO2 emissions avoided (million tonnes)
25
Energy bill savings (billion US$)
2.33
Lighting
ANNUAL ENERGY CONSUMPTION FROM LIGHTING IN 2030 (TWh)
Energy savings (TWh)
0.37
Percentage of total electricity use (%)
1.17
ANNUAL CO₂ EMISSIONS FROM LIGHTING IN 2030 (million tonnes)
CO2 emissions avoided (million tonnes)
0.42
Equivalent to number of passenger cars (thousands)
230
ANNUAL ENERGY COSTS FROM LIGHTING IN 2030 (million US$)
Energy bill savings (million US$)
40
Equivalent to number of new power plants (20 MW)
4
CUMULATIVE SAVINGS (2022 - 2030)
Energy savings (TWh)
3.4
CO2 emissions avoided (million tonnes)
3.9
Energy bill savings (million US$)
363
TOTAL ENERGY CONSUMPTION OF LIGHTING IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)
Residential Refrigerators
ANNUAL ENERGY CONSUMPTION FROM RESIDENTIAL REFRIGERATORS IN 2040 (TWh)
Energy savings (TWh)
0.89
Percentage of total electricity use (%)
2.85
ANNUAL CO₂ EMISSIONS FROM RESIDENTIAL REFRIGERATORS IN 2040 (million tonnes)
CO2 emissions avoided (million tonnes)
1.02
Equivalent to number of passenger cars (thousands)
570
ANNUAL ENERGY COSTS FROM RESIDENTIAL REFRIGERATORS IN 2040 (million US$)
Energy bill savings (million US$)
94.8
Equivalent to number of new power plants (100 MW)
2
CUMULATIVE SAVINGS (2022 - 2040)
Energy savings (TWh)
9.9
CO2 emissions avoided (million tonnes)
11.4
Energy bill savings (billion US$)
1.06
TOTAL ENERGY CONSUMPTION OF RESIDENTIAL REFRIGERATORS IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)
Commerical Refrigeration
ANNUAL ENERGY CONSUMPTION FROM COMMERCIAL REFRIGERATION IN 2040 (GWh)
Energy savings (GWh)
70
Percentage of total electricity use (%)
0.22
ANNUAL CO2 EMISSIONS FROM COMMERCIAL REFRIGERATION IN 2040 (thousand tonnes)
CO2 emissions avoided (thousand tonnes)
81
Equivalent to number of passenger cars (thousands)
45
ANNUAL ENERGY COSTS FROM COMMERCIAL REFRIGERATION IN 2040 (million US$)
Energy bill savings (million US$)
7.4
Equivalent to number of new power plants (5 MW)
3
CUMULATIVE SAVINGS (2022 - 2040)
Energy savings (GWh)
684
CO2 emissions avoided (thousand tonnes)
785
Energy bill savings (million US$)
73.1
TOTAL ENERGY CONSUMPTION OF COMMERCIAL REFRIGERATION IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (GWh)
Room Air Conditioners
ANNUAL ENERGY CONSUMPTION FROM ROOM AIR CONDITIONERS IN 2040 (GWh)
Energy savings (GWh)
170
Percentage of total electricity use (%)
0.55
ANNUAL CO₂ EMISSIONS FROM ROOM AIR CONDITIONERS IN 2040 (million tonnes)
CO2 emissions avoided (million tonnes)
0.2
Equivalent to number of passenger cars (thousands)
110
ANNUAL ENERGY COSTS FROM ROOM AIR CONDITIONERS IN 2040 (million US$)
Energy bill savings (million US$)
17.9
Equivalent to number of new power plants (20 MW)
1
CUMULATIVE SAVINGS (2022 - 2040)
Energy savings (TWh)
1.9
CO2 emissions avoided (million tonnes)
2.18
Energy bill savings (million US$)
204
TOTAL ENERGY CONSUMPTION OF ROOM AIR CONDITIONERS IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (GWh)
Distribution Transformers
ANNUAL ENERGY CONSUMPTION FROM DISTRIBUTION TRANSFORMERS IN 2040 (GWh)
Energy savings (GWh)
142
Percentage of total electricity use (%)
0.45
ANNUAL CO₂ EMISSIONS FROM DISTRIBUTION TRANSFORMERS IN 2040 (thousand tonnes)
CO2 emissions avoided (thousand tonnes)
163
Equivalent to number of passenger cars (thousands)
91
ANNUAL ENERGY COSTS FROM DISTRIBUTION TRANSFORMERS IN 2040 (million US$)
Energy bill savings (million US$)
15.2
Equivalent to number of new power plants (20 MW)
1
CUMULATIVE SAVINGS (2022 - 2040)
Energy savings (TWh)
1.31
CO2 emissions avoided (million tonnes)
1.5
Energy bill savings (million US$)
140
TOTAL ENERGY CONSUMPTION OF DISTRIBUTION TRANSFORMERS IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (GWh)
Industrial Electric Motors
ANNUAL ENERGY CONSUMPTION FROM INDUSTRIAL ELECTRIC MOTORS IN 2040 (TWh)
Energy savings (TWh)
0.35
Percentage of total electricity use (%)
1.13
ANNUAL CO₂ EMISSIONS FROM INDUSTRIAL ELECTRIC MOTORS IN 2040 (million tonnes)
CO2 emissions avoided (million tonnes)
0.4
Equivalent to number of passenger cars (thousands)
220
ANNUAL ENERGY COSTS FROM INDUSTRIAL ELECTRIC MOTORS IN 2040 (million US$)
Energy bill savings (million US$)
37
Equivalent to number of new power plants (20 MW)
4
CUMULATIVE SAVINGS (2022 - 2040)
Energy savings (TWh)
3.31
CO2 emissions avoided (million tonnes)
3.8
Energy bill savings (million US$)
355
TOTAL ENERGY CONSUMPTION OF INDUSTRIAL ELECTRIC MOTORS IN THREE SCENARIOS (BUSINESS AS USUAL, MINIMUM AMBITION, HIGH AMBITION) (TWh)
