At the end of 2024, the Ministry of Mining and Energy announced the second auction for wind and solar power plants. The deadline for applying for participation in the auctions is 05.02.2025. year. After consideration of all applications and bids, the entire capacity offered at the auctions for wind farms (300 MW) and for solar power plants (124.8 MW) was successfully allocated.
At the auction for the allocation of the market premium for wind farms, seven companies took part and demanded a total of 458.13 MW. At the auction, the capacity was allocated among 5 companies. Bela Anta 2, Alibunar 1 and 2 and Crni Vrh are the power plants that were allocated the entire requested capacity, while to Jasikovo power plant was partially allocated capacity. The lowest price offered at auctions for wind farms was 53.59 EUR/MWh (Bela Anta 2), while the price offered for Jasikovo power plant was 68.25 EUR/MWh.
At the auction for the allocation of the market premium for solar power plants, there was greater interest, where 31 companies participated for 34 power plants and a total of 378.94 MW was requested. The capacity was allocated among 5 companies, of which 4 received the entire required capacity, while the B2 Sunspot 2 power plant was allocated part of the required capacity. The largest quota was allocated to the Solarina power plant in the amount of 105 MW. The lowest price offered at auctions for solar power plants was 50.90 EUR/MWh (Vemi Sun 2), while the price offered for the B2 Sunspot 2 power plant was 58 EUR/MWh.
Compared to the first auctions for solar power plants, it is concluded that the interest in the allocation of the market premium is at a significantly higher level, bearing in mind that at the first auctions, 25.2 MW of the 50 MW quota was allocated, while at the second auctions the demand significantly exceeded the offered capacity.
By Jelena Gazivoda, Senior Partner, Nikola Djordjevic, Partner, and Marko Mrdja, Senior Associate, JPM & Partners
