FOREWORD 10
1. METHODOLOGY 11
1.1. Methodology 12
1.2. Limitations 14
2. EXECUTIVE SUMMARY 14
3. EUROPEAN UNION RENEWABLE ENERGY POLICY LANDSCAPE 16
3.1. RES Regulations and EU Directives affecting Western Balkan countries 17
3.1.1. Precedent EU regulations 17
3.2. Renewable energy mandatory targets for EU member states from Western Balkan countries set out by the EU 18
3.2.1. Interim targets set out by the EU 18
3.2.2. National support schemes flexibility allowed by the EU and progress reporting 19
3.3. Energy Community (EC) Treaty 20
3.4. EU 2030 framework for climate and energy policies 21
3.3.1. Targets 24
3.3.2. Coherence of policy instruments 26
3.3.3. Fostering the competitiveness of the EU economy 27
3.5. European Union Energy Roadmap 2050 28
3.6. NATURA 2000 Network 30
3.7. PV GRID Project 31
3.8. PV CROPS Project 33
3.9. EU Antidumping duties and restrictions against Chinese PV modules 34
3.10. Guidance of EU Commission for state intervention in electricity 36
4. WESTERN BALKAN COUNTRIES ENERGY MARKET 42
4.1. General electricity market information 42
4.2. Photovoltaics (Solar PV) in the energy sector 47
5. WESTERN BALKAN COUNTRIES SOLAR RESOURCE POTENTIAL AND MAPPING 51
6. WORLD PHOTOVOLTAIC ENERGY MARKET 53
6.1. PV modules and PV systems costs 53
6.2. Market overview 55
6.3. Future development trends 60
7. EUROPEAN PHOTOVOLTAIC ENERGY MARKET 65
8. WESTERN BALKAN COUNTRIES PHOTOVOLTAIC ENERGY MARKET 71
8.1. Market overview 71
8.2. Future Development Trends 72
9. COUNTRY PROFILES 74
9.1. ALBANIA 74
9.1.1. Albania Photovoltaic Energy Market Overview 74
9.1.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 76
9.1.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 78
9.1.4. RES Legal and Regulatory Framework 80
9.1.5. Key Stakeholders, Organizations and Institutions 85
9.2. BOSNIA AND HERZEGOVINA 87
9.2.1. Bosnia and Herzegovina Photovoltaic Energy Market Overview 87
9.2.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 89
9.2.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 91
9.2.4. RES Legal and Regulatory Framework 93
9.2.5. Key Stakeholders, Organizations and Institutions 96
9.3. BULGARIA 100
9.3.1. Bulgaria Photovoltaic Energy Market Overview 100
9.3.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 103
9.3.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 104
9.3.4. RES Legal and Regulatory Framework 106
9.3.5. Key Stakeholders, Organizations and Institutions 110
9.4. CROATIA 115
9.4.1. Croatia Photovoltaic Energy Market Overview 115
9.4.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 117
9.4.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 121
9.4.4. RES Legal and Regulatory Framework 123
9.4.5. Regulatory Framework for Rooftop Photovoltaic and Net Metering 126
9.4.6. Key Stakeholders, Organizations and Institutions 128
9.5. GREECE 132
9.5.1. Greece Photovoltaic Energy Market Overview 132
9.5.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 133
9.5.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 134
9.5.4. RES Legal and Regulatory Framework 137
9.5.5. Key Stakeholders, Organizations and Institutions 139
9.6. KOSOVO 144
9.6.1. Kosovo Photovoltaic Energy Market Overview 144
9.6.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 144
9.6.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 146
9.6.4. RES Legal and Regulatory Framework 147
9.6.5. Key Stakeholders, Organizations and Institutions 151
9.7. MACEDONIA (FYROM) 153
9.7.1. Macedonia Photovoltaic Energy Market Overview 153
9.7.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 154
9.7.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 157
9.7.4. RES Legal and Regulatory Framework 159
9.7.5. Key Stakeholders, Organizations and Institutions 165
9.8. MONTENEGRO 167
9.8.1. Montenegro Photovoltaic Energy Market Overview 167
9.8.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 168
9.8.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 169
9.8.4. RES Legal and Regulatory Framework 171
9.8.5. Key Stakeholders, Organizations and Institutions 174
9.9. ROMANIA 178
9.9.1. Romania Photovoltaic Energy Market Overview 178
9.9.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 180
9.9.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 181
9.9.4. RES Legal and Regulatory Framework 187
9.9.5. Regulatory Framework for Rooftop Photovoltaic and Net Metering 201
9.9.6. Key Stakeholders, Organizations and Institutions 202
9.10. SERBIA 205
9.10.1. Serbia Photovoltaic Energy Market Overview 205
9.10.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 206
9.10.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 211
9.10.4. RES Legal and Regulatory Framework 213
9.10.5. Key Stakeholders, Organizations and Institutions 217
9.11. SLOVENIA 219
9.11.1. Slovenia Photovoltaic Energy Market Overview 219
9.11.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 220
9.11.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 222
9.11.4. RES Legal and Regulatory Framework 225
9.11.5. Key Stakeholders, Organizations and Institutions 229
9.12. TURKEY 232
9.12.1. Turkey Photovoltaic Energy Market Overview 232
9.12.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 235
9.12.3. Major deals, M&A activity, major planned, development and operating photovoltaic projects 236
9.12.4. RES Legal and Regulatory Framework 240
9.12.5. Regulatory Framework for Rooftop Photovoltaic and Net Metering 251
9.12.6. Key Stakeholders, Organizations and Institutions 252
10. COMPARATIVE ANALYSIS OF SUPPORT SCHEMES IN WESTERN BALKAN COUNTRIES. FEED-IN TARIFFS AND GREEN CERTIFICATES 256
11. COMPARATIVE ANALYSIS OF MANDATORY CAPACITY GENERATION TARGETS IN WESTERN BALKAN COUNTRIES 257
12. ELECTRICITY GRID NETWORK IN WESTERN BALKAN COUNT