Launch of premiums to trigger investments of EUR 1.6 billion in Croatia
Projects worth HRK 12 billion (EUR 1.6 billion) are prepared and will be implemented after the introduction of the new model of incentives for energy from renewable sources, which envisages premiums, Maja Pokrovac, Managing Director at Renewable Energy Sources of Croatia (RES Croatia), told Balkan Green Energy News. According to her, the coronavirus pandemic indicated […]
Greece gets cheapest solar, wind power so far
Regulators in Greece accepted the offer by an affiliate of PPC Renewables to sell electricity from a planned 200 MW solar power plant. The price achieved at the auction, EUR 49.11 per MWh, is the lowest ever in the country for photovoltaics. The Ministry of Environment and Energy of Greece has said the level of […]
New incentive scheme for renewables to be launched in Croatia in April via auctions – minister
Croatia will begin implementing a new model of incentives to support renewable energy sources which envisages introduction of premiums. The first auction, according to local media reports, will take place in April. A few days ago, the Croatian Parliament adopted the new national Energy Sector Development Strategy until 2030, with projections until 2050 and finished […]
Regulators plan to auction 200 MW in solar, wind projects in Crete
RAE didn’t reveal the size of the chunks or a timeline. It intends to conduct the operation according to the Dutch model – the power purchase price for the solar and wind endeavors in Crete would be lowered until an investor accepts the offer. Thanks to the upcoming interconnections with the mainland, regulators are preparing […]
Italy-Montenegro yearly capacity auction offer lands at 140 MW
Following the launch of the interconnection across the Adriatic Sea, the Coordinated Auction Office in South East Europe or SEE CAO started the auction process for 2020 by offering the capacity of 140 MW in both ways. The operator received bids for the allocation of physical transmission rights (PTRs). After the announcement of the provisional […]
Republika Srpska to adopt new renewables incentive schemes by end-2019
Republika Srpska plans to introduce auctions for the construction of hydropower and solar power plants, as well as to continue using its power generation resources, including small and large hydropower plants and lignite-fired power plants. In an interview with Balkan Green Energy News, Petar Đokić, Minister of Energy and Mining of Republika Srpska, says that […]
Complaint submitted to EnC against North Macedonia over small hydropower plants
Environmental groups Eko-Svest and CEE Bankwatch Network have filed a complaint to the Energy Community (EnC) Secretariat over North Macedonia’s redesigned renewable energy incentives scheme which they say is unfairly favoring small hydropower plants (SHPPs). As of February, North Macedonia’s renewable energy incentives system subjects solar photovoltaic (PV) producers and most wind producers, but not […]
Montenegro leading energy transition in region
In May 2019, Montenegro joined the not-so-large group of countries that managed to cover the entire electricity demand over a certain period of time from domestic renewable energy sources. “This proves that energy transition is possible, that it is possible to stop using fossil fuels for electricity production,” says Montenegro’s Economy Minister in charge of […]