Slovakia releases initial renewables public auction

Feb 26, 2020 12:10 PM ET
  • The ceiling rate for wind and also solar has actually been evaluated EUR84.98/ MWh. Around 30 MW of set up power needs to be designated via this purchase workout. Solar projects varying in dimension from 500 kW to 2 MW will certainly be qualified to get involved.
Slovakia releases initial renewables public auction
Image: LNLNLN, pixabay

Slovakia's Ministry of Economy has actually introduced the nation's very first innovation neutral public auction for large renewable resource projects.

Via this very first pilot public auction, the Slovak federal government intends to designate 30 MW of power generation ability from sustainable resources. Chosen projects will certainly be granted feed-in costs repayments in addition to the wholesale electrical energy cost over a 15-year duration.

For solar PV, projects might have a power series of 100 kW to 2 MW, while for various other renewable resource modern technologies the dimension might be in between 500 KW as well as 10 MW.

The ceiling rate for wind and also solar has actually been evaluated EUR84.98/ MWh which of various other innovations is EUR106.80/ MWh.

Interested programmers will certainly have time up until April 30 to send their quotes.

Slovakia's state-owned power business Slovenský plynárenský priemysel (SPP) will certainly be the single customer of electrical power generated.

The public auction becomes part of brand-new tidy power as well as co-generation assistance plan-- presented by a change to the Act on Support of Renewable Energy Sources as well as High Efficiency Combined Heat and also Power (Act No. 309/2009 Coll)-- at the end of in 2014.

Slovakia has actually observed just a restricted boost in business as well as household installments in the in 2014 as big range solar has actually run out totally.

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