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

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Published:

March 8, 2023

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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.

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