Montenegro will not issue new energy license in 2018
The Ministry of Economy of Montenegro did not foresee issuing energy permits in 2018. The reason is that Montenegro is already close to reaching the national target of 33 percent of the produced energy from renewable energy sources (RES). The Government of Montenegro recently adopted the Energy Licensing Plan in 2018, which did not foresee […]
Turkey opens tender for 1 GW in wind power over 15 years
Invitation for bids for the installation and operation of wind power capacity of 1 GW was placed by Turkey under the Renewable Energy Resources Area (YEKA) scheme. The project that covers seven regions is worth USD 1.2 billion (EUR 1.12 billion), the Ministry of Energy and Natural Resources said in the document published in the […]
Auctions for renewables: towards markets proximity
The future of support mechanisms for renewables with targeted insight towards the SEE markets and bankability point of view By Ladislav Tolmaci, Erste Group Bank AG, Leveraged and Project Finance In the recent depressed wholesale power price environment predominant on the European commodity exchanges, any investment into electricity generating technology becomes related to a question […]
Novi Sad district heating company starts producing electrical energy – new 10MW CHP plant presented
On August 24 the first kilowatt-hours of electrical energy were generated from combined heat and power (CHP) plant of 10 MW in each of the segments at the district heating plant West (Zapad). In cooperation with Dušan Macura, chief of heat production and distribution sector at the public heating utility Novosadska Toplana we present the […]
New regulations luring investors in renewables
The legislation that Serbia adopted in June will attract capital and help launch green energy projects, said participants at a conference in Belgrade titled “New PPA Package in Serbia – Main Challenges”. The event was organized by Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz with the support of ADVANTAGE AUSTRIA Belgrade. For […]
Conference announcement: New green power regulations – benefits and profitability
The conference ‘New PPA Package in Serbia – Main Challenges’ will be held in Belgrade on September 22. The goal of the expert meeting is to present the regulations for the renewable energy sector in Serbia. The conference is organized by Petrikic & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz with the support of ADVANTAGE AUSTRIA […]
Long-awaited PPA Package finally adopted in Serbia
By Đorđe Popović, Senior Attorney, Petrikić & Partneri AOD in cooperation with CMS Reich-Rohrwig Hainz Ever since the adoption of the new Energy Law back in 2014, which aimed to harmonize the Serbian energy legislation with the Third EU Package, the Serbian market has been awaiting the adoption of the necessary by-laws to allow for […]
Government of Serbia regulates incentives for renewables
Producers of electrical energy from renewable sources and power and heat in high efficiency cogeneration got incentives regulated by long-awaited decrees on measures and the procedure for acquiring the so-called privileged status. The Government of Serbia adopted the by-laws alongside the model for a standard power purchase agreement (PPA). The stimulation comes with a clause […]