Renewables

Serbia sets maximum prices for wind, solar power auctions

Serbia sets maximum premiums for wind solar auctions

Photo: iStock

Published

June 5, 2023

Country

Comments

comments icon

0

Share

Published:

June 5, 2023

Country:

Comments:

comments icon

0

Share

The price ceilings at the upcoming renewable energy auctions in Serbia will be EUR 105 per MWh for wind power EUR 90 per MWh for solar power.

The Government of Serbia published the maximum price of electricity that participants at the first auctions for premiums for wind farms and solar power plants in Serbia can bid for. Setting the sum was one of the most important steps in the preparation for the launch of the calls for the competitive procedures.

Of note, the government also adopted new decrees on the balancing responsibility contract model and on market premiums and feed-in tariffs.

The maximum electricity prices offered for the purpose of auctions within the market premium mechanism are EUR 105 per MWh for wind power and EUR 90 per MWh for solar power projects, according to the decision.

Initially, a price of EUR 55.7 per MWh was set for wind power

The ceiling was already determined in November 2021 for participants in the planned wind farm auction, at EUR 55.7 per MWh. But there was no public call in the meantime as electricity prices were breaking records amid the energy crisis. In the region, they spiked from an average of between EUR 50 per MWh and EUR 70 per MWh to more than EUR 500 per MWh, but they subsided in recent months.

At its first auctions, Serbia plans to allocate premiums for wind farms with a capacity of an overall 400 MW and photovoltaic plants with a 50 MW in total.

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

bih republic of srpska hydropower plants bistrica tunnels petar djokic

Three hydropower plants on Bistrica river to be finished by end-2026

18 April 2025 - Chinese company AVIC is in charge of building the three hydropower plants on the Bistrica, with a total capacity of 39 MW

albania france kesh afd drin hydropower energy storage

Albania’s KESH, France’s AFD sign MoU on hydropower management, energy storage 

18 April 2025 - KESH and Agence Française de Développement have signed an MoU on the Drin cascade management and advanced energy storage planning

bih federation ephzhb court poklecani urban permit arhaus

Supreme Court of Federation of BiH annulls urban permit for Poklečani wind farm

17 April 2025 - The project is being developed by Elektroprivreda HZHB, one of the three state-owned power utilities in Bosnia and Herzegovina

Minister Admir Sahmanović formally assumes energy, mining portfolio in Montenegro

Minister Admir Šahmanović formally assumes energy, mining portfolio in Montenegro

17 April 2025 - Minister of Energy and Mining of Montenegro Admir Šahmanović was formally voted in as the two ministries that he ran were merged