Renewables

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

Photo: Pixabay

Published

November 19, 2018

Country

Comments

0

Share

Published:

November 19, 2018

Country:

Comments:

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

Belgrade Energy Forum energy storage is next big thing

Belgrade Energy Forum 2024 – energy storage is next big thing

25 May 2024 - There are exponential opportunities for energy storage investments to facilitate the green transition, main developers and operators in Southeast Europe said at Belgrade Energy Forum

janom investments Andrej Srsen bef 2024

Janom Investments bringing knowhow, investments to Western Balkans

24 May 2024 - Janom Investments is eyeing a portfolio of over 1,000 MW in wind, solar and battery projects in Croatia, BiH, Serbia and North Macedonia

maja turkovic cwp global investments bef 2024

Meet energy transition leaders in SEE: CWP Global is developing 6 GW of solar, wind, storage

24 May 2024 - Vice President for Europe at CWP Global Maja Turković was a panelist at the Belgrade Energy Forum 2024 conference

Western Balkans face tight electricity market coupling deadlines

Western Balkans face tight electricity market coupling deadlines

24 May 2024 - Market coupling is the first task in the Western Balkans energy transition and their main condition to be exempted from CBAM, panelists said at Belgrade Energy Forum