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

maritsa east 3 coal power plant battery shtonov

Coal power plant Maritsa East 3 plans to build solar plant, 200 MW battery system

23 June 2025 - Maritsa East 3 plans to use the existing grid infrastructure for the green energy project, says Vasil Shtonov, CEO of ContourGlobal Bulgaria

North Macedonia, Kosovo* planning 400 kV power interconnection

North Macedonia, Kosovo* planning 400 kV power interconnection

23 June 2025 - TSOs of North Macedonia and Kosovo* are developing a project for a 400 kV interconnection between Tetovo and Prizren and other grid upgrades

prosumers rooftop solar grants fbih

Federation of BiH launches grants program for prosumers

20 June 2025 - The grants program is expected to cover around 500 households a year and boost renewable electricity production by 4.2 GWh.

EU institutions reach deal on CBAM simplification

EU institutions reach deal on CBAM simplification

20 June 2025 - Colegislators in Brussels struck a provisional agreement on simplifying CBAM. There is no delay in scope for countries neighboring the EU.