About Serbia s wind and solar hybrid bidding for telecommunications base stations
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About Serbia s wind and solar hybrid bidding for telecommunications base stations video introduction
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6 FAQs about [Serbia s wind and solar hybrid bidding for telecommunications base stations]
What is the quota of wind power in Serbia?
At the first auctions, the wind quota was 400 MW while the one for photovoltaic projects amounted to 50 MW. There are seven applications in the wind power segment and 33 for solar power, At the first auctions there were nine and seven, respectively. Serbia changed both the price ceiling and the criterion for evaluating the bids.
Is Serbia ready to scale up wind & solar energy?
“Following the success of last year’s auction, this second step towards fulfilling the 1,300 MW three-year plan announced by Serbia is an important signal to investors and all market participants about the country’s commitment to scaling up wind and solar energy,” said Matteo Colangeli, the EBRD’s regional director for the Western Balkans.
How much does a wind farm cost in Serbia?
The auction attracted seven applications for wind farm projects and 34 solar projects. The winning bids offered prices as low as EUR 50.9 (USD 53.28) per MWh for solar and EUR 53.5/MWh for wind, which are below current market levels and below those achieved in Serbia’s first renewable energy auction in August 2023.
How many applications were submitted for market premiums in Serbia?
Forty applications were submitted for market premiums within the procedure for the second round of renewable electricity auctions in Serbia, Balkan Green Energy News learns. The call for wind and solar power projects was launched in late November and the deadline for applications expired on February 5.
Why did Serbia launch the second CFD renewables auction in November?
Serbia launched the second CfD renewables auction in November, resulting from the technical cooperation between the EBRD and Serbia's energy ministry and supported by a grant from the Swiss State Secretariat for Economic Affairs (SECO), the EBRD said at the time.
How many MW of wind & solar PV projects were oversubscribed?
The auction, which sought to attract up to 300 MW of wind and 124.8 MW of solar photovoltaic (PV) projects, was oversubscribed in both segments with investors submitting a total of 41 applications, the energy ministry said in a press release on Friday.
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