Serbia’s plans to cut wind energy feed-in tariffs by 3.2% could delay or halt more than $1.3bn in planned investments into the Balkan country’s wind parks, the Serbian Wind Energy Association (SEWEA) warned on Wednesday, Reuters reports.
An energy ministry draft bill that may take effect in January provides for new feed-in tariffs of 0.092 euro per kilowatt-hour (KWh) of electricity produced from wind and abolishes state guarantees for the purchase of renewable energy.
Instead, the country will shift its focus to energy produced from biomass, small hydro-power plants, small solar facilities and coal-run co-generation utilities, as well as gas-to-power plants by providing them bigger subsidies.
Source Balkans
