Serbian Government adopted the proposal of the Law on Renewable Energy Sources

The ratification of this law in the Parliament is expected.

The purpose of this law is to stimulate the production of energy from renewable sources and new investments in this field of work in Serbia by introduction of new legal mechanisms.

The new law supports the auction mechanism as the replacement for the feed-in-tariff system used so far.

This law also introduces the concept of public tender for selection of a public partner in the RES field of work. Another addition is definition of how energy producers must adhere to the rules and regulations related to water resources management and environment, as well as how inspectors must perform the corresponding monitoring.

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