Quota for Solar Power Plants of 500 kW Amounts to 50 MW, Government Decides

The Government of Serbia has set the quota in the system of the market premium for solar power plants. The quota for solar power plants with an approved power of 500 kW and more amounts to a total of 50 MW.

The Law on the Use of Renewable Energy Sources envisages the carrying out of auctions for awarding the right to a market premium (incentive) to the power plants which use renewable energy sources. The auctions are carried out based on the quotas proscribed by the Government in line with the needs of the Republic of Serbia for such new capacities from renewable energy sources, and considering the valid planning documents in the field of energy, the international obligations, that is, the available data on the existing capacities, the planned needs and other data of significance for the setting of quotas.

The right to take part in the auctions for awarding the rights to the market premium is given to power plants which are not small facilities (power plants with an approved power of over 500 kW and wind farms with an approved power of over 3 MW), or demonstration projects (for which the Law envisages special auctions and the right to incentives in the form of feed-in tariffs).

– Based on the carried out analyses of the current state of the market and the data that the ministry in charge of energy affairs has, it has been determined that, at the moment, in the Republic of Serbia, there is the need to award incentives for the production of electrical energy from solar power plants, where there is currently over 100 MW of solar power plants for which the energy permits have already been issued, which is considerably more than the proposed quota, and based on which there will be great competition at the auctions – says the explanation of the decree.

Serbia, as added, currently has 23 MW of solar power plants, which is considerably less than the capacities of the wind farms and far below its solar energy potentials.

– Therefore, the proposed the quota aims to incite a quicker development of this market segment, and to the end of meeting the goals of the green transitions and decarbonization, which will require considerably higher solar capacities, and which will be defined through strategic documents – the explanation says.

Vlada Republike Srbije

Government of Serbia

system of market premium for solar power plants

solar power plants

Law on Use of Renewable Energy Sources

quotas for solar power plants