RES In Serbia: New Secondary Legislation Package Adopted

The long-awaited package of secondary legislation regarding renewables ("Secondary Legislation") was finally adopted by the Government of Serbia on 13 June 2016.

The Secondary Legislation consists of the following decrees:

• The Decree on the Conditions and Procedure of the Acquisition, Duration and Termination of the Status of a Privileged Power Producer ("PPP"), Temporary Privileged Power Producer ("TPPP") and Power Producer from Renewable Energy Sources ("Decree on PPP Status");
• The Decree on Incentive Measures for Electricity Generation from Renewable Energy Sources and from High-Efficiency Cogeneration of Heat and Power ("Incentives Decree"); and
• The Decree on Power Purchase with a Standard Model Agreement ("PPA") and Appendix to a Model Agreement.