Presents our annual projections for wholesale electricity prices out to 2060 for our three internally consistent scenarios (High, Central and Low). These scenarios incorporate total energy system decarbonisation trajectories across the European electricity, heat and transport sectors.
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Mar 20, 2025 On March 12, statistics released by the German Federal Statistical Office showed that in 2024, Germany''s renewable energy power generation increased by 2.3% year-on-year,
The wholesale electricity market in Serbia and the wider region experienced unprecedented price surges yesterday, highlighting significant challenges in energy supply
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The settled auction price hedges projects against market volatility by compensating the generation when power prices drop below the clearing auction price. Serbia concluded its first renewables
Despite falling wholesale prices, energy remains costly due to supplier risk and market volatility. Energy suppliers continuously buy to meet future demand, facing potential losses in volatile
For the power indices, all qualifying physical firm power contracts traded on ICE from 6:00 AM to 11:00 AM CST on the day of publication are included. These data are published for each hub:
The Serbian government has set lower maximum prices in the second round of auctions for renewable energy capacity expected to take place in November, the business
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Serbia has substantial natural potential for power generation from RES-E, attracting investments in renewable technologies. The decree on the effective feed-in-tariffs expired at the end of
Wholesale Electricity Price Projections for Serbia Regulatory changes, auctions and strategic partnerships bring new RES projects, as well as grid connection delays Serbia''s efforts in its
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Serbia changed both the price ceiling and the criterion for evaluating the bids. The maximum acceptable bid for wind farms is EUR 79 per MWh, compared to 105 per MWh last
Presents our annual projections for wholesale electricity prices out to 2060 for our three internally consistent scenarios (High, Central and Low). These scenarios incorporate total energy
The global target to treble renewable energy capacity to 11TW by 2030 is off track, according to a report from BloombergNEF (BNEF). In its report, ''Unlocking Investment to Triple Renewables'',
Serbia''''s green energy boom: Foreign investors, carbon credits Serbia is undergoing a transformative shift in its energy sector, with foreign-owned renewable energy projects playing
How much does electricity cost in Serbia? Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. In
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The legal setup governing the Energy Agency of the Republic of Serbia (AERS) is largely in line with the Energy Community legislation. However, the autonomy of the management related to internal organization and the use of the annual budget is limited by the requirement of the Parliament to adopt statutes and hire additional staff.
Serbia heavily subsidizes coal and electricity prices, inhibiting competition. Recently, the Serbian government and EPS have announced ambitious plans to transition to green energy solutions and reduce Serbia’s dependence on Russian natural gas.
Traded volumes on the day-ahead market were increasing and resulted in 10,5 TWh in 2022. This amounts to over 30% of final electricity consumption. The state-owned company producer and supplier Elektroprivreda Srbije (EPS) continues to be a dominant player in the Serbian electricity market.
Serbia should focus on the transposition and imple-mentation of the Electricity Integration Package as a precondi-tion for the coupling of its short-term markets. Serbia should certify the gas transmission and storage operators, grant third party access at the interconnection points, and remove any other obstacles to new market entrants.
Serbia should certify the gas transmission and storage operators, grant third party access at the interconnection points, and remove any other obstacles to new market entrants. Serbia submitted its draft NECP within the prescribed deadline and adopted its long-term strategies on low-emission develop-ment building renovation strategy.
Serbia should transpose the Security of Gas Supply and the Storage Regulations. Regulation (EU) 2019/941 on Risk-preparedness in the Electricity Sector should be transposed and its implementation should start with the designation of a competent authority. Serbia made moderate progress in the area of environment.
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