Renewables

Slovenia picks solar power projects for subsidies with prices above 100 per MWh

Slovenia solar power prices 100 MWh subsidies

Photo: Richard Allaway / https://creativecommons.org/licenses/by/2.0/legalcode

Published

March 8, 2023

Country

Comments

comments icon

0

Share

Published:

March 8, 2023

Country:

Comments:

comments icon

0

Share

The Energy Agency of Slovenia approved the applications for subsidies for 36 photovoltaic plants in the latest public call for state support. The highest offered price among the picked projects is EUR 107.34 per MWh.

The eleventh round of selection of projects for the production of electricity from renewable sources and in highly efficient facilities has been completed. The Energy Agency of Slovenia approved subsidies for 43 projects, of which 36 are for solar power plants with capacities from just 45 kW to 1.3 MW.

The government covers the difference between the accepted price for the project benefitting from the mechanism and the benchmark electricity price, for the facility’s planned annual output. The purchase of the produced electricity is guaranteed.

The government covers the difference between the accepted price and the benchmark electricity price

The offered prices of electricity from the selected photovoltaic units came in at EUR 70.23 per MWh to EUR 107.34 per MWh. Two projects have prices above EUR 100 per MWh.

In the previous round, approved solar power prices ranged between EUR 65.72 per MWh and EUR 82.75 per MWh, which means the highest one jumped 29.7% year over year, compared to just 6.9% for the lowest accepted price.

The list includes hydroelectric plants of 22 kW and 90 kW, with approved prices at EUR 92.41 per MWh and EUR 105.41 per MWh, respectively. Four projects were filed as internal combustion engines (EUR 186.4 per MWh to EUR 214.18 per MWh) and the remaining one is marked as miscellaneous (EUR 207.76 per MWh).

The highest accepted price came in at 29.7% above the one from one year before

In total, 12.23 MW is entering the state support scheme, of which 11.87 MW is from solar power projects.

There were 51 applications submitted altogether. The program is for renewables and combined heat and power plants with high efficiency, excluding ones using fossil gas, with up to 10 MW in capacity. Wind power plants can have a maximum of 50 MW in nominal terms.

The total amount of funds available from the latest call is EUR 10 million.

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

Trafigura Romanian renewables solar power Nala

Trafigura enters Romanian renewables market via solar power project purchase

17 July 2024 - Trafigura's subsidiary Nala Renewables bought a ready-to-build PV project of 61 MW in Romania with an option to integrate battery storage

western balkans wind solar investments study

Western Balkans have as many prospective solar, wind projects as Germany

17 July 2024 - Prospective utility-scale solar and wind capacity amounts to 23 GW or 70% more than a year ago, according to the latest study

Balkans blackout June 21 two overhead lines tripped ENTSO-E

Balkans blackout on June 21 occurred after two overhead lines tripped – ENTSO-E

17 July 2024 - ENTSO-E said the cascading power failure of June 21 ensued amid outages of two overhead lines, of which the first is in Montenegro

hupx prices heatwave hungary istvanffy gyorgy

Istvánffy: Persistence of high power prices at HUPX depends on heat wave, import crunch

16 July 2024 - Director of markets at HUPX György Istvánffy attributed the extreme electricity price increase to several fundamental factors