News

Power purchase agreements finally on the table

Published

October 16, 2015

Comments

comments icon

0

Share

Published:

October 16, 2015

Comments:

comments icon

0

Share

Ministry of Mining and Energy of Serbia organized a public consultation process on proposed directives for incentives for the production of energy from renewable sources and highly efficient cogeneration.

The documents include the conditions for achieving the status of a privileged producer, temporarily privileged producer and of a producer from renewable energy sources. Another directive concerns incentives for generating power from renewables and efficient cogeneration, while the third paper is for standard models of power purchase agreements, the ministry said on its website.

Energy minister Aleksandar Antić said on October 14 that Serbia will get its first wind power plant, with the capacity of 10 MW, by the end of the year. He announced the adoption of secondary legislation within weeks, and added this is necessary for bigger investments in renewables. Antić stressed he expects other wind power projects to pick up after the model for the power purchase agreement is agreed on.

Related Articles

north macedonia energy electricity mickoski data centers western balkans davos

Mickoski: Western Balkans should unite to attract investments in data centers, electricity production

30 January 2026 - Speaking to TV21 regarding messages from the World Economic Forum in Davos, Hristijan Mickoski pointed out that he is working on this

Germany Merz Nuclear fusion to make wind power obsolete

Germany’s Merz: Nuclear fusion to make wind power obsolete

30 January 2026 - Chancellor Friedrich Merz claimed nuclear fusion would introduce electricity so cheap that it would replace wind power within thirty years

floating solar power plant hse sostanj

Šoštanj authorities demand clear benefits for citizens from Slovenia’s first floating solar plant

30 January 2026 - State-owned power utility HSE hopes that construction on Slovenia's first floating solar power plant could begin in late 2027

energy storage compressed air Nanjing Jiangsu China

China launches world’s largest compressed-air energy storage plant

30 January 2026 - The 600 MW / 2.4 GWh energy storage facility uses compressed air stored in underground salt caverns to generate electricity during peak demand periods