In alignment with its commitment to bring down GHG emissions by 9.8% by 2030, Serbia is now planning to switch over to renewable energy auction mechanisms from an FIT based scheme. EBRD is on the lookout for an eligible consultant to help with that. (Photo Credit: EBRD)
- Serbian Ministry of Mining & Energy has approached EBRD to help it transition to a renewable energy auction mechanism
- EBRD is now seeking a consultant to support the ministry in implementing renewable energy auctions in the Eastern European country
- Consultant selected will improve efficiency of balancing cost arrangements for renewable energy in Serbia while also providing recommendations on the auction design
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The European Bank for Reconstruction and Development (EBRD) is soliciting bids from interested consultants to support the Serbian Ministry of Mining and Energy in preparing and implementing renewable energy auctions as well as advise on how to improve the efficiency of the balancing cost arrangements for renewable energy in Serbia.
The selected consultant will develop detailed recommendations on the design of auctions for procuring renewable energy capacity, transitioning to a mechanism to support auctions vis-à-vis reference electricity market price, among other assignments.
Serbia currently depends on large-scale thermal power capacity that constitutes 60% of its installed capacity followed by hydro power that accounts for 37% of the capacity. In order to achieve its Nationally Determined Contribution commitment of reducing GHG emissions by 9.8% by 2030, Serbia has been promoting investment in renewable energy through a feed-in-tariff (FIT) mechanism since 2009.
Last date for interested consultants to submit their candidature is June 8, 2020. The assignment for selected consultant is due to start in July 2020. Details of the same can be viewed on EBRD’s website.
This solicitation follows on EBRD and Energy Community Secretariat (EnCS) issuing policy guidelines in March 2018 for countries that are party to both Energy Community Treaty and EBRD countries of operation (see RE Auction Guidelines By EBRD & EnCS).