September 28, 2024
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Serbia to launch second round of renewable energy auctions in November

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At the energy conference in Belgrade, Rade Mrdak, an advisor at the Ministry of Mining and Energy, announced that Serbia plans to initiate the second round of auctions for renewable energy incentives in the fourth quarter of this year, likely around mid-November. He highlighted that the European Bank for Reconstruction and Development (EBRD) will again provide technical assistance but refrained from disclosing specific quotas, stating that details are still under consideration.

Earlier in 2024, Minister of Mining and Energy Dubravka Djedovic confirmed that the second round of auctions will aim to add 400 MW of renewable energy capacity. The government’s three-year auction plan for 2023-2025, adopted last year, aims to secure at least 1,300 MW of new capacity through private investments, utilizing auctions and market premiums. The focus of the first auction plan was on larger investments to accelerate Serbia’s energy transition.

In the initial round of auctions, Serbia offered 400 MW for wind projects and 50 MW for solar projects, but the solar quota remained unfilled. The upcoming auction is expected to offer at least 400 MW of capacity in both solar and wind energy.

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