Serbia: Renewable energy sources – temporary suspension of subsidies due to COVID-19
, NewsAs part of measures for curbing the effects of coronavirus outbreak on the economy, payments of subsidies for electricity produced from renewable energy sources and high-efficiency cogeneration plants are temporary suspended by Serbian Government.
the measure is only of a temporary character and once the state of emergency ends, RES electricity producers will continue to receive the payments according to the model defined in the contracts.
According to the latest data, there are 262 privileged electricity producers with the total installed capacity of 456 MW. State-owned power utility is obliged to purchase this electricity, usually during a 12-year period, while the fees are paid by end-consumers through their electricity bills. RES subsidies amount to around 14 million euros per month.
LATEST NEWS
- June 14, 2023 The Serbian Institute for Critical Materials launches a regional mining platform for knowledge exchange
- April 24, 2023 Without sustainable mining, there is no renewable future
- March 25, 2023 Europe revives mining to reduce dependence on the import of key raw materials
- March 8, 2023 Calcium Carbonate Industry, Reshaping the Market Growth, Serbian supplier to match European industrial demand
- August 13, 2023 Environment South East Europe Watch temporarily suspends the activity
- August 9, 2023 Regional Coalition Aims to Protect Up to 400 Kilometres of Rivers Across Southeast Europe
- August 9, 2023 Meeting Serbia’s Energy Needs: A Smart Siting Map for Solar Power
