Greece achieves record electricity...

Greece recorded a historic electricity export performance in the first half of 2025,...

Bulgaria threatens to withdraw...

State-owned Bulgarian Energy Holding (BEH) has expressed concerns about the Black Sea submarine...

Bosnia and Herzegovina: FBiH...

The Government of the Federation of Bosnia and Herzegovina (FBiH) has approved a...

Albania: ALPEX reports September...

The Albanian electricity exchange, ALPEX, reported that the total volume of electricity traded...
Supported byClarion Energy
HomeNews Serbia EnergySerbian ITM Group...

Serbian ITM Group investing in building of SHPPs

Although citizens and NGOs have organized numerous protests against the construction of SHPPs and several municipalities outright banned their construction, owner of Serbian ITM Group Toplica Spasojevic said that it plans to partner with hydropower equipment manufacturer Andritz Hydro and build small hydropower plants (SHPP) with the capacity of 5, 10 and 12 MW using its turbines.

Spasojevic reminded that the company has represented Andritz Hydro for many years, adding that now is the right time to invest in hydropower. However, the final decision depends on whether the Serbian Government would approve incentives in the form of feed-in tariffs again this year.

Last October, Serbian Minister of Environment Goran Trivan said that the amendments to the law on protection of nature will ban the construction of small hydropower plants in protected areas, but those already built in such areas will not be demolished. He stressed that SHPPs of the derivation type are harmful, especially considering the way some of them were built, adding that the Ministry’s position has always been that this type of SHPPs cannot be built in protected areas.

A decree on subsidies for electricity generation from renewable energy sources and high-efficiency cogeneration expired at the end of 2019. The Ministry of Mining and Energy said in January that electricity producers would still be entitled to the feed-in tariffs if the applications filed since the beginning of 2020 are approved. However, they can collect these subsidies only after a new decree is issued.

Previously, Serbian authorities suggested that they may abandon current feed-in tariff scheme in favor of the auction based model.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Region: Hungary’s MOL to boost oil supplies to Serbia amid U.S. sanctions

Hungarian Foreign Minister Peter Szijjarto announced that MOL will increase crude oil and fuel supplies to Serbia following U.S. sanctions on the Serbian oil sector. He emphasized that MOL’s key role in Serbia’s supply chain ensures additional deliveries, though...

Expert critiques 2008 NIS privatization as major undervaluation, highlights lost strategic opportunities for Serbia

Professor Dragan Djuricin from the Faculty of Economics in Belgrade criticized the 2008 privatization of Serbia’s oil company NIS, calling it a significant undervaluation of one of the country’s most strategic assets. Djuricin noted that Deloitte, hired by the Serbian...

Serbia: Turkish company GridFlex to invest €17 million in electricity storage facility near Leskovac

The Turkish energy company GridFlex plans to invest 17 million euros in a new electricity storage facility near Leskovac, local authorities announced following a meeting between Mayor Goran Cvetanović and company representatives. GridFlex specializes in container-based battery storage systems aimed...
Supported byVirtu Energy
error: Content is protected !!