The renewable energy sources law, adopted by the Serbian government will help to attract large investments in the construction of solar power plants and wind farms, accelerate the decarbonisation of the energy sector and allow to increase the share of renewable sources in energy consumption. 

The country is going to hold its first auctions for market premiums by the end of this year, according to the government esteems. These would replace the previous feed-in tariff (FiT) system for providing renewable support, which expired at the end of 2020.

FiTs will be still available for small plants — defined as those with a capacity of less than 500kW, or 3MW for wind plants — and for developmental projects and new technologies, under the new law. However, it introduces a ban on the construction of hydropower plants of any type and capacity in protected areas.

argusmedia.com, 22 April 2021