Renewables

Energy Community Secretariat welcomes first-ever renewable energy support auction in EnC

Photo: Pixabay

Published

November 19, 2018

Country

Comments

comments icon

0

Share

Published:

November 19, 2018

Country:

Comments:

comments icon

0

Share

The Energy Community (EnC) Secretariat has congratulated Albania on successfully completing the first-ever renewable energy support auction in the Energy Community, inviting other EnC Contracting Parties to follow in the country’s footsteps.

We warmly welcome the first renewables support auction in Albania and hope that it will be followed in all Contracting Parties. Renewable energy auctions provide a competitive selection processes for granting support, resulting in lower renewable energy prices. This is a clear gain for energy consumers,” said Energy Community Secretariat Director Janez Kopač, according to a press release from the EnC Secretariat.

The winning consortium is to build the country’s first solar power plant in the Akerni region near the city of Vlora. The auctioned volume was 50 MW with support, to be purchased by the Government at 0.0599/kWh over 15 years, which is lower than the base and peak prices at the Hungarian Power Exchange (HUPX), the reference for the electricity import price in the region, registered in August and September 2018. Another 50 MW, without support, is to be sold at the market price, the press release recalled.

The renewable energy auction in Albania was preceded earlier this year by Montenegro granting the tender for the construction on state-leased land and operation of a solar PV project with an installed generation capacity of 250 MW without support, the press release recalled.

In March 2018, the Energy Community Secretariat together with the European Bank for Reconstruction and Development (EBRD) and in collaboration with the International Renewable Energy Agency issued Policy Guidelines to help countries design and implement competitive selection processes for supporting renewable energy.

FYR Macedonia headed for renewable energy support auctions

FYR Macedonia is meanwhile preparing to pass regulations to introduce prosumers and tendering procedures with electronic reverse auctions to award premiums to investors seeking to build photovoltaic (PV) and wind energy capacities.

The draft regulations on renewables, accompanying Macedonia’s new energy law, passed in May, have been prepared by US Agency for International Development (USAID) consultants for the Ministry of Economy and the office of Deputy Prime Minister for Economic Affairs Koco Angjusev.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

croatia ina eon ppa virje solar

INA, E.ON sign power purchase agreement in Croatia

10 July 2025 - Croatian oil and gas company INA and German energy firm E.ON's local subsidiary signed a PPA for electricity from renewable sources

Solar beats nuclear in June becoming EU biggest electricity source first time

Solar beats nuclear in June, becoming EU’s biggest electricity source for first time

10 July 2025 - Solar was the EU’s largest source of electricity for the first time in June. Records for photovoltaics and wind rolled in in May and June

Director Christian Zinglersen is leaving ACER

Director Christian Zinglersen is leaving ACER

10 July 2025 - ACER needs to appoint a new director as Christian Pilgaard Zinglersen is becoming deputy secretary general of the EIB Group

Cyprus curtails renewable electricity first half 2025 whole last year

Cyprus curtails as much renewable electricity in first half of 2025 as whole last year

09 July 2025 - Curtailments of renewable electricity in Cyprus topped 167 GWh in the first six months of 2025, equivalent to last year's entire cuts