The Ministry of Mining and Energy has published a list of 11 participants in the auctions for the award of market premiums for wind power plants and solar power plants, who have qualified for the bidding phase.
In the auction procedure for wind power plants, four investors filled the quota, and in the auction procedure for solar power plants, three. The lowest offered price is 64.48 euros per megawatt-hour for wind power plants, or 88.65 euros per megawatt-hour for solar power plants.
When it comes to wind power plants, nine projects competed for the quota of 400 MW, eight of which met the eliminatory conditions. The largest quota was awarded to the company Vetrozelena (210 MW at the offered price of 64.48 EUR/MWh), followed by Čibuk 2 Wind Energy, Enlight K2-Wind and Crni vrh power. The other four companies had a single price of 84 EUR/MWh and remained without quotas. These are: Vetropark Torak, Vetropark Lipar, Vetropark Lipar 2, MK-Fintel Wind.
When it comes to solar power plants, the quota of 50 MW has not been met. The largest quota was assigned to the company Novo Selo Power (6.4 MW at the offered price of 89.8 EUR/MWh). Next are Hyperion Sol and Terra Solar. Four companies did not meet the qualification requirements.
The maximum price that the RES producer could offer at the auction is 105 euros per megawatt-hour for wind power plants, or 90 euros per megawatt-hour for solar power plants. Those investors who offer the lowest price in relation to the maximum defined, which is expected to achieve a reduction in electricity costs, have the advantage of receiving incentives.
The Ministry of Mining and Energy announced that it was satisfied with the response of investors. As they say, 16 investors with a total power plant capacity of 816.48 MW applied for the first auctions for the allocation of market premiums for renewable energy sources, of which 602.8 MW were offered to fill the quota, while the estimated investment value of all power plants is 1.26 billion euros.
The seriousness of the bids received is evidenced by the fact that the interested companies submitted bank guarantees and cash deposits worth more than 18 million euros, which guarantees their intention to implement the projects, according to the Ministry’s announcement.
“The realized prices for most of the capacities are almost twice lower than the current market prices, so we have a lot of reasons to be satisfied, especially since we will get an additional 550 MW, which will double the total current capacities of green energy in Serbia.” This is very important for the economic growth of our country, because it will generate investments worth more than one billion euros in the next few years,” said the Minister of Mining and Energy, Dubravka Đedović.
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