Electricity production in Serbia is still heavily reliant on coal based power plants, followed by hydroelectric generation. However, Serbian authorities are committed to substantially increase renewable energy (RE) investment. This commitment includes a target for RE to meet 27% of the total primary energy consumption by 2020.
However, private investment in renewable electricity generation projects in Serbia remains limited. To promote investment in RE projects, the Serbian government has relied on a Feed-in Tariff (FiT) programme underpinned by the adoption of a bankable offtake agreement in which the FiT was set administratively.
Serbian authorities are considering the transition from the FiT programme to support and selection mechanisms for RE projects based on competitive procurement. As a signatory of the Energy Community Treaty, Serbia is required to transpose the EU acquis related to RE support schemes.
In the transition to a competitive procurement scheme for renewable energy, the Serbian Ministry of Mining and Energy (the main beneficiary) has requested the assistance of the European Bank for Reconstruction and Development ("EBRD" or “the Bank”) in further developing the necessary framework for, and for the implementation of, competitive RE auctions. The request of the Serbian authorities builds on the Bank’s previous assistance over the past years in their strategy to support RE. This assistance has included technical cooperation aimed at the development of the Power Purchasing Agreement (PPA) in 2016, as well as policy dialogue focused on the enhancement of its bankability.
Scaling-up investments in renewable energy will be an important means for Serbia to: increase private sector participation in its electricity sector; meet its climate change mitigation commitments; decrease the reliance of its electricity sector on coal based generation, decreasing its carbon intensity in line with EU policy - a politically important point given the perspective of accession to the European Union (EU).
This Project consists of a comprehensive package of technical assistance to provide support to the Serbian authorities on designing and implementing a competitive procurement scheme for renewable energy investments, as well as strengthening the underpinning institutional and overall regulatory and legal framework. The Project also includes support to the relevant institutions for the implementation of RE auctions.
The key objectives of this assignment are to:
1) Develop detailed recommendations on the design of auctions for procuring renewable energy capacity;
2) Advise the Serbian authorities on the transition to a mechanism by which support to renewable energy is provided in relation to a reference electricity market price;
3) Provide detailed recommendations on selected elements on the balancing arrangements for renewable energy;
4) Prepare, up to the final version, all the auction related documentation required for the implementation of the renewable energy auctions;
5) Provide detailed technical, financial, legal and environmental assistance to the Authorities for the implementation of the renewable energy auctions;
6) Evaluate the process and results of the auctions implemented under this Assignment.
Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.
EBRD project enquiries not related to procurement:
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