The industry body’s CEO set out a list of recommendations to spur development in the region at a Central and Southeastern Europe Connectivity (CESEC) ministerial meeting in Sofia, Bulgaria.
Giles Dickson said the region is paying the price for a string of changes to support schemes since 2013, some made abruptly or retroactively, which have loaded additional risk premiums onto projects. The premium is as high as 12% in Croatia, compared to 3.5-4.5% in Northwest Europe, he added. “This means governments and consumers in the region pay a higher price for the same installations.”
The industry body also wants regional governments to get their 2030 National Energy and Climate Plans to meet EU targets finalised as soon as possible and “with an appropriate level of detail”.
“Investments, economies of scale and cost reductions materialise where the industry is assured of stable policy and regulation going forward,” said Dickson.
WindEurope further hopes regional governments will start laying the policy groundwork for corporate renewable PPAs, so far mainly confined to northern Europe, and begin a process of renewables-friendly “transformation” of power markets and grids.
“We’d like to see CESEC develop a list of priority renewable energy projects to compete for EU funding under the Connecting Europe Facility. CESEC’s list of priority projects and actions should also include efforts to identify and support cross-border renewable energy projects,” said Dickson.