Bosnia and Herzegovina

Bosnia and Herzegovina

South East Europe - Mixed prospects as development slows down

CROATIA: Croatia is likely to add further wind capacity in 2013, with the 30MW Jelinak project being developed by Acciona Energia and EHN and the 37MW Ponikve project by WPD close to completion.

On 31 December, Croatia had 141MW of installed wind capacity. In May last year, the Croatian government increased feed-in tariff (FIT) rates for wind power plants from HRK 0.73/kWh (EUR 0.01/kWh) to HRK 0.75/kWh and also extended the validity period from 12 to 14 years. However, deputy prime minister Radimir Cacic said there are plans to cut the FITs to align them with European rates.

Meanwhile, developer Dalekovod said in November that it is actively looking to sell its wind farm portfolio of 9MW installed capacity and 67MW in development as part of plans to shed non-core assets and cut debt.

Serbia, Bosnia and Herzegovina, Macedonia and Montenegro

Despite numerous projects in the pipeline, none of these countries have seen the completion of their first wind farms, due to funding problems and bureaucracy.However, several wind farm projects, especially in Bosnia and Macedonia are well underway and could finally be completed during 2013.

Bosnian utility Elektroprivreda BiH postponed the completion of the first phase of the Podvelezje Wind Park from the end of 2012 to sometime in 2013, while the second phase could be wrapped up by the beginning of 2015. The deadlines had to be updated due to delays in work being done by the transmission system operator. The EUR64 million wind park will comprise 16 wind turbines with a capacity of up to 48MW.

Macedonian utility ELEM in August signed a EUR41.1 million deal with Siemens for 16 turbines for the country's first wind park. The implementation of the 37MW project located in the southern municipality of Bogdanci started in August and electricity production should begin in the second half of 2013.

Two wind farm projects have been delayed in Montenegro - the 50MW Krnovo Wind Farm should now be completed in July 2014 instead of 2013, while the 46MW Mozur Wind Farm has been postponed until the end of 2013 or the beginning of 2014.

In Serbia, energy minister Zorana Mihajlovic announced in October that the FIT for wind energy will drop from EUR 0.095/kWh to EUR0.092/kWh, and added that all existing energy permits will be reviewed.

Mark Crandall, chairman of US-based Continental Wind Partners, says that a decrease in FITs would force the company to give up on the 300MW Cibuk Wind Farm project near Kovin. The Serbian Wind Energy Association also warned that the changes will bring wind projects to a halt.

south east europ capacity pie

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