Serbia Lifts Hydro Power Incentives, Cut Wind, Solar Fees
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Serbia plans to increase incentives for electricity produced in small hydroelectric plants and cut feed-in tariffs for wind farms and solar parks to boost power generation from renewable sources.
Hydro plants of up to 30 megawatts will be eligible for the support, up from 10 megawatts now, while the subsidized rates for the facilities will be increased by about a third to between 7.4 euro cents ($0.0975) and 13.7 euro cents per kilowatt hour, depending on size, Energy Minister Zorana Mihajlovic told reporters in Belgrade yesterday. The changes may take effect Jan. 1.