Serbia After the Auctions – Final Preparations for RES SERBIA 2023 Conference

Source: eKapija Tuesday, 15.08.2023. 15:46
(Photo: OIE Srbija)
“Serbia After the Auctions” will be the working title of the RES SERBIA 2023 Conference which will be held in the green environment of the ethno complex Vrdnicka Kula on Fruska Gora on September 14, as announced by the RES Serbia Association.

The conference, which is only 30 days away, is held at the most relevant possible moment – a month after the submission of auction bids for 400 MW of wind power and 50 MW of solar power. The bid submission deadline expired on August 14 at 11.59 pm. Over the next five days, the Commission will be examining the validity of the documentation and whether it is complete, after which it will be evaluated and a ranking list will be formed, based on which the quota is to be filled. The final results will be known 15 days from the forming of the ranking list at the latest.

Judging by the information from the market, the interest in the auctions is big, so nearly all investors which meat the criteria in the sense of project development and whose construction is certain in the foreseeable future, have applied for both contests. The maximum auction price of EUR 105 per MWh for wind farms, and EUR 90 per MWh for solar power plants, which RES Serbia advocated in order to have the auction process be competitive, proved to be attractive to a large number of investors.

All that, the plans for auctions in 2024, the potential market solutions for RES projects which will be realized outside auction incentives, the market model of the buyout of electrical energy, the situation in the field of wind and solar energy in Serbia and Europe, the challenges of the financing of RES projects, as well as the trends of the energy transition in the region, will be discussed at the third RES SERBIA conference.

This year as well, there is a great interest in this event, which will be opened by the minister of mining and energy, Dubravka Djedovic, together with the acting director of EPS AD, Dusan Zivkovic. Among the participants are the highest officials of the Ministry of Mining and Energy of the Republic of Serbia, the EBRD, investors, turbine manufacturers, bank representatives and representative of other sectors of renewable energy sources.

Experiences from the world will be presented by the CEO of WindEurope, Giles Dickson, the CEO of SolarPower Europe, Walburga Hemetsberger, the CFO of Masdar, Niall Hannigan, the managing director of Nordex for the Mediterranean, Anne-Catherine de Tourtier, the deputy director of the Energy Community Secretariat, Dirk Buschle, the business development director of Elicio, Emmanuel Van Vyve.

Among the panelists are also the regional director of the EBRD for the Western Balkans, Matteo Colangeli, the business development director of New Energy Solutions, Marijan Rancic, the director of the Sector for Free Market Trade of EPS, David Zarkovic, the chairman of the Executive Board of UniCredit Bank Serbia, Nikola Vuletic, the CEO of Fractal, Ante Tojcic, the international sales executive of GE VERNOVA Onshore Wind, Natasa Pavlovic, a member of the Executive Board of Erste Bank Serbia, Nikola Stamenkovic, the CEO of AskUs, Aleksandar Savic, the deputy chairman of the Executive Board of NLB Komercijalna banka, Dejan Janjatovic, the chairman of the Executive Board of ProCredit Bank, Igor Anic, and many others.

The sponsors of the RES SERBIA 2023 Conference are Elnos Group, Masdar Taaleri Generation, Enlight, Elektrozapad, New Energy Solutions, NLB Komercijalna banka, Wind Park Plandiste, Elicio, UniCredit Banka, Erste Bank, the company Sungrow, in cooperation with its authorized distributor Comtrade Distribution, Nordex, CMS Beograd, Drustvo za posredovanje u osiguranju ACB, ProCredit Bank, Ekostep Pelet, Putinvest, Zagrebtrans. The institutional sponsors are the EBRD and EPS, whereas the media sponsors are eKapija, Energetski portal, Nedeljnik, Montel energetika, E2.

Let us remind that the conferences held in the previous two years attracted a lot of attention from the media, experts and citizens. The participants, among which were representatives of the world’s biggest companies, banks, investors, state institutions, talked about the most important topics in the field of energy transition and decarbonization, and the tradition will continue this year as well.

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