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Published: 2/6/2014. Updated: 4/18/2017

The Sector of Renewable Energy Resources


Market players

In 2016, the number of the power plants using the renewable energy resources reached 2 553, among these 88.3 percent were the solar power plants, 3.8 – the hydro power plants, 6.0 – the wind power plants. The biogas and biofuel power plants covered an insignificant share in the market structure – 1.8 percent.

Quantities
 

The quantity of electricity produced in 2015 by using the renewable energy resources equaled 2 021 GWh: the biggest quantity of electricity was produced in the wind power plants – 55.9 percent, and in the hydro power plants – 22.3 percent. The quantity of electricity produced in the biofuel power plants and in the biogas power plants constituted 18.5 percent, in the solar power plants – 3.3 percent.

In 2016, the installed capacity of the power plants producing and supplying to the networks the energy produced from the renewable energy resources reached 819 MW: the installed capacity of the solar power plants was 70 MW, the wind power plants – 514 MW, the hydro power plants – 128 MW, the biofuel power plants – 69 MW, of the biogas power plants – 38 MW. The biggest share in the market structure of the total installed capacity was held by the wind power plants – 62.7 percent, the smallest – by the biogas power plants (4.6 percent).

 
Figure 1. Installed capacity of the power plants, MW

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Source – NCC. 

Support

The production of energy from the renewable energy resources is supported through the Public Service Obligations (PSO). In 2016, this amount equaled Eur 89.1 million.

Investments

In 2016, the investments in the sector of the renewable energy resources reached Eur 0,89 million, from this amount 85 percent were the investments in the electricity production facilities, 15 percent – other investments related to electricity production.

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Review of the Soctor of Renewable Energy Resources in 2015