From 20 to 22 March, the latest International Energy Summit “SET TREBINJE 2024” took place in Trebinje, Bosnia and Herzegovina, drawing attention to discussions on the future of renewable energy. The summit became a platform for regional industry leaders and experts to delve into critical topics shaping the energy sector.
On the opening day of the event, our Partner Petar Mitrović led the fireside chat with Jovanka Atanacković, Country Manager for Serbia at CWP Global. The discussion centred on the challenges current CWP projects in Serbia and the region face, including regulatory complexities and community engagement. These factors are instrumental in shaping the future of large-scale renewable energy initiatives in the Western Balkans region.
The following day, Petar moderated the panel 4 discussion titled “Contracts on the Purchase of Electricity from RES – Corporate Contracts as a New Reality.”
Among the speakers was Miloš Mladenović from SEEPEX Belgrade, who shed light on the European Commission’s proposal for enhancing the EU’s electricity market design. Emphasizing the importance of stability, Miloš underscored the need for market reforms to ensure sustainability.
Marko Janković from CWP Global clarified the significance of private Power Purchase Agreements (PPAs) in driving renewable energy projects forward, while Naida Tasso from Energy Community provided insights into ongoing projects aimed at facilitating the adoption of PPAs in Contracting Parties (CPs). Julia Szabo from Aurora delved into regulatory complexities surrounding PPAs, offering perspectives on Contract for Difference (CfD) support mechanisms, and Slobodan Latinović from ERSTE Wien Austria explored the intersection of PPAs and CfD, drawing from ERSTE’s experience in financing large-scale renewable energy projects. David Žarković, director of EPS Serbia, gave insights into Serbia’s renewable energy landscape, discussing the significance of last year’s auctions and EPS’s role in the transition towards sustainable energy solutions.
Ajla Mehinović, Head of the Department of Electricity Market Supply, EPBiH, shared EPBiH’s strategies for decarbonization and highlighted key challenges in navigating the evolving energy landscape.
In summary, the SET TREBINJE 2024 Summit provided yet another platform for advancing discussions on the regional renewable energy market. Delving into topics such as emerging capacities, the growing prevalence of PPAs across Europe, regional auctions, and the evolving strategies of state utilities, the event underscored the pressing need for collaborative efforts and innovative approaches to drive the transition towards a sustainable energy future.
Partner refers to independent Attorney at Law in cooperation with Karanovic & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.
