This market report offers an incisive and reliable overview of the wind energy sector of Western Balkans countries for the period 2023 ÷ 2032...
Update: March 2023; NOTE: We have a new version of this report for the 2024 - 2033 period. Please review it here: https://renewablemarketwatch.com/country-reports/europe/western-balkans
Format: 1 file(s) (PDF report) in English language and 1 file(s) in MS Excel with data from charts and tables
Author: Renewable Market WatchTM
Pages: 261
Report production №: RMWIN34920202365
Delivery: 24 - 48 hours by e-mail
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This market report offers an incisive and reliable overview of the wind energy sector of Western Balkans countries for the period 2023 ÷ 2032. Newly installed wind capacity in this region will exceed XXX GW in the next 5 years. The number of fully permitted and ready-to-build projects is promptly increasing. The small wind market segment for turbines below 500 KW in many countries is not developed and is forecasted to score significant growth in the near future.
The report provides a complete picture of the market situation, dynamics, risks, current issues and future prospects. You will find more than 260 pages of valuable information in this unique in-depth analysis of the Western Balkans countries' wind market will receive an overview of how the COVID-19 (Coronavirus) recovery and the recent intention of the EU Commission to reduce by two-thirds this year gas import from Russia will impact it. With comprehensive market data, this report brings clear and concise insights, to help investors, manufacturers and service providers in their decision-making process. As 2021 and 2022 were challenging years for the wind industry, the time for making the right decisions during 2023 and the next few years is limited. A fast-changing market environment requires relevant and accurate information. For your convenience, we offer the opportunity for orders with the customized book content. Reasons to buy this market report are, but are not limited to:
- Wind resource potential in Western Balkans countries
- Historical market data provided from 2012 to 2022 and forecasts until 2032
- Overview of Western Balkans wind energy market development 2012 ÷ 2032 by countries
- Development scenario of Western Balkans countries' wind power sector until 2032
- Major active and upcoming wind power plants in Western Balkans countries
- Attractiveness indices for wind energy investments in Western Balkans countries
- SWOT Analysis (detailed in 5 pages)
- Overview of Western Balkans legal and regulatory framework for RES generation by countries
- Competitive Landscape, Project developers and Investors in Western Balkans countries
- EPC & O&M providers, Equipment manufacturers and Consultants in Western Balkans countries
- Key organizations and stakeholders affecting the development of the wind sector by countries
- A comprehensive review of smart grid development in Western Balkans countries
- Investment potential and opportunities
On the next pages, you will see the full table of content of this report. To order this report just click on the button "ADD TO CART". If you have any other questions please do not hesitate to call us on ++44 203 807 00 79 or write an e-mail to orders@renewablemarketwatch.com
FOREWORD 9
1. METHODOLOGY 10
1.1. Methodology 10
1.2. Limitations 12
2. EXECUTIVE SUMMARY 13
2.1. Primary source availability 13
2.2. RES Policies and Targets 13
2.3. Risks associated with wind energy projects 13
2.4. Retroactive subsidy cuts 14
2.5. Future market trends 14
2.6. Key country summaries 14
3. EUROPEAN UNION RENEWABLE ENERGY POLICY LANDSCAPE 19
3.1. RES Regulations and EU Directives affecting the Western Balkans countries 19
3.1.1. Precedent EU regulations 19
3.2. Renewable energy mandatory targets for the Western Balkans countries set out by the EU 20
3.2.1. Interim targets set out by the EU 20
3.2.2. National support schemes flexibility allowed by the EU and progress reporting 21
3.3. Energy Community (EC) Treaty 22
3.4. EU 2030 framework for climate and energy policies 23
3.5. European Union Energy Roadmap 2050 26
3.6. NATURA 2000 Network 28
3.7. Guidance of EU Commission for state intervention in electricity 29
4. WESTERN BALKANS WIND RESOURCE POTENTIAL AND MAPPING 34
5. GLOBAL WIND POWER MARKET 36
5.1. Wind Turbines Costs and Wind Power Plants Costs 36
5.2. Market overview 37
5.3. Future development trends 40
6. EUROPEAN WIND POWER MARKET 43
7. WESTERN BALKANS WIND POWER MARKET 48
7.1. Market overview 48
7.2. Future Development Trends 49
8. COUNTRY PROFILES 51
8.1. ALBANIA 51
8.1.1. Albania Wind Energy Market Overview 51
8.1.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 53
8.1.3. Major deals, M&A activity, major planned, development and operating wind power projects 55
8.1.4. RES Legal and Regulatory Framework 57
8.1.5. Key Stakeholders, Organizations and Institutions 59
8.2. BOSNIA AND HERZEGOVINA 61
8.2.1. Bosnia and Wind Energy Market Overview 61
8.2.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 63
8.2.3. Major deals, M&A activity, major planned, development and operating wind power projects 66
8.2.4. RES Legal and Regulatory Framework 69
8.2.5. Key Stakeholders, Organizations and Institutions 70
8.3. BULGARIA 75
8.3.1. Bulgaria Wind Energy Market Overview 75
8.3.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 77
8.3.3. Major deals, M&A activity, major planned, development and operating wind power projects 79
8.3.4. RES Legal and Regulatory Framework 82
8.3.5. Key Stakeholders, Organizations and Institutions 86
8.4. CROATIA 91
8.4.1. Croatia Wind Energy Market Overview 91
8.4.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 93
8.4.3. Major deals, M&A activity, major planned, development and operating wind power projects 96
8.4.4. RES Legal and Regulatory Framework 98
8.4.5. Key Stakeholders, Organizations and Institutions 99
8.5. GREECE 103
8.5.1. Greece Solar Wind Market Overview 103
8.5.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 105
8.5.3. Major deals, M&A activity, major planned, development and operating wind power projects 107
8.5.4. RES Legal and Regulatory Framework 109
8.5.5. Key Stakeholders, Organizations and Institutions 111
8.6. KOSOVO 116
8.6.1. Kosovo Wind Energy Market Overview 116
8.6.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 117
8.6.3. Major deals, M&A activity, major planned, development and operating wind power projects 120
8.6.4. RES Legal and Regulatory Framework 122
8.6.5. Key Stakeholders, Organizations and Institutions 123
8.7. MONTENEGRO 126
8.7.1. Montenegro Wind Energy Market Overview 126
8.7.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 127
8.7.3. Major deals, M&A activity, major planned, development and operating wind power projects 128
8.7.4. RES Legal and Regulatory Framework 130
8.7.5. Key Stakeholders, Organizations and Institutions 131
8.8. NORTH MACEDONIA 132
8.8.1. North Macedonia Wind Energy Market Overview 132
8.8.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 133
8.8.3. Major deals, M&A activity, major planned, development and operating wind power projects 137
8.8.4. RES Legal and Regulatory Framework 139
8.8.5. Key Stakeholders, Organizations and Institutions 142
8.9. ROMANIA 144
8.9.1. Romania Wind Energy Market Overview 144
8.9.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 147
8.9.3. Major deals, M&A activity, major planned, development and operating wind power projects 148
8.9.4. RES Legal and Regulatory Framework 151
8.9.5. Key Stakeholders, Organizations and Institutions 162
8.10. SERBIA 165
8.10.1. Serbia Wind Energy Market Overview 165
8.10.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 167
8.10.3. Major deals, M&A activity, major planned, development and operating wind power projects 171
8.10.4. RES Legal and Regulatory Framework 174
8.10.5. Key Stakeholders, Organizations and Institutions 175
8.11. SLOVENIA 178
8.11.1. Slovenia Wind Energy Market Overview 178
8.11.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 180
8.11.3. Major deals, M&A activity, major planned, development and operating wind power projects 182
8.11.4. RES Legal and Regulatory Framework 185
8.11.5. Key Stakeholders, Organizations and Institutions 188
8.12. TURKEY 192
8.12.1. Turkey Wind Energy Market Overview 192
8.12.2. Renewable Energy Incentives and Generation Capacity Mandatory Target 195
8.12.3. Major deals, M&A activity, major planned, development and operating wind power projects 196
8.12.4. RES Legal and Regulatory Framework 201
8.12.5. Key Stakeholders, Organizations and Institutions 211
9. COMPARATIVE ANALYSIS OF WIND ENERGY SUPPORT SCHEMES IN THE WESTERN BALKANS. FEED-IN TARIFFS AND GREEN CERTIFICATES 215
10. COMPARATIVE ANALYSIS OF MANDATORY CAPACITY GENERATION TARGETS FOR RENEWABLE ENERGY IN THE WESTERN BALKANS COUNTRIES 216
11. ELECTRICITY GRID NETWORK IN THE WESTERN BALKANS 217
11.1. Transmission System Operators (TSO’s) 217
11.2. Distribution System Operators (DSO’s) 221
11.3. Grid connection constraints 225
12. SMART GRID DEVELOPMENT IN THE WESTERN BALKANS COUNTRIES 227
12.1. Smart grid and Super Smart Grid Concept 227
12.2. Smart grid support initiatives in the Western Balkans countries 228
13. COMPETITIVE LANDSCAPE. PROJECT DEVELOPERS AND INVESTORS IN THE WESTERN BALKANS WIND ENERGY MARKET 232
14. EPC PROVIDERS, EQUIPMENT MANUFACTURERS AND CONSULTANTS IN THE WESTERN BALKANS WIND ENERGY MARKET 235
15. SWOT ANALYSIS OF THE WESTERN BALKANS WIND ENERGY MARKET 240
16. RISKS ABOUT WIND POWER INVESTMENTS IN THE WESTERN BALKANS COUNTRIES 244
17. INVESTMENT TRENDS, POTENTIAL AND OPPORTUNITIES IN THE WESTERN BALKANS WIND ENERGY MARKET 251
18. CONCLUSIONS 253
19. LIST OF ABBREVIATIONS 255
20. REFERENCES 259
21. DISCLAIMER 260
22. APPENDIX I. WIND RESOURCE MAPS OF EUROPE AND WESTERN BALKANS 261
- MAP 1: Wind Resource Potential of the Western Balkans countries 34
MAP 2: Wind Resource Map of Albania 52
MAP 3: Wind Resource Map of Bosnia and Herzegovina 62
MAP 4: Wind Resource Map of Bulgaria 76
MAP 5: Wind Resource Map of Croatia 92
Map 6: Wind Resource Map of Greece 104
Map 7: Wind Resource Map of Kosovo 116
Map 8: Wind Resource Map of Montenegro 126
MAP 9: Wind Resource Map of North Macedonia 133
MAP 10: Wind Resource Map of Romania 145
MAP 11: Wind Resource Map of Serbia 166
MAP 12: Wind Resource Map of Slovenia 179
MAP 13: Wind Resource Map of Turkey 193
Map 14: The map setting out TEİAŞ’s regional limits to the electrical capacity increases 204
MAP 15: The European Network of Transmission System Operators (TSO’s) for Electricity in 2022; 217
MAP 16: Map of innogy SE (RWE Group) Operations in the Western Balkans Countries 223
MAP 17: Map of CEZ Group Operations in the Western Balkans countries 224
MAP 18: Mean 80-m Wind Speeds in Europe and Western Balkans countries 261
MAP 19: Global Mean Wind Speed at 80 m 262
Map 20: European Wind Atlas 263
Chart 1: Global Net Added Power Generating Capacity in 2022 by Main Technology 37
Chart 2: Global Cumulative Installed Wind Power Capacity 2012 ÷ 2022 (in GW) 38
Chart 3: Global Annual On-Shore Wind Power Market Forecast 2012 - 2032 (in GW), Renewable Market WatchTM 41
Chart 4: Global Off-Shore Wind Power Development Scenario 2012 - 2032 (in GW), Renewable Market WatchTM 42
Chart 5: European wind power capacity segmentation by country in 2022 in % 45
Chart 6: European annual wind power market forecast 2012 - 2032 (in GW), Renewable Market WatchTM 47
Chart 7: Cumulative developments of wind power plants in the Western Balkans countries in GW from 2012 to 2032, including estimates 50
Chart 8: Cumulative developments of wind power plants in Albania in MW from 2012 to 2032, including estimates 56
Chart 9: Cumulative developments of wind power plants in Bosnia and Herzegovina in MW from 2012 to 2032, including estimates 68
Chart 10: Bulgarian RES targets in % set by the EU 78
Chart 11: Cumulative developments of wind power plants in Bulgaria in MW from 2012 to 2032, including estimates 79
Chart 12: Cumulative developments of wind power plants in Croatia in MW from 2012 to 2032, including estimates 97
Chart 13: Cumulative developments of wind power plants in Greece in MW from 2012 to 2032, including estimates 107
Chart 14: Cumulative developments of wind power plants in Kosovo in MW from 2012 to 2032, including estimates 121
Chart 15: Cumulative developments of wind power plants in Montenegro in MW from 2012 to 2032, including estimates 128
Chart 16: Cumulative developments of wind power plants in North Macedonia in MW from 2012 to 2032, including estimates 138
Chart 17: Cumulative developments of wind power plants in Romania in MW from 2012 to 2032, including estimates 150
Chart 18: Cumulative developments of wind power plants in Serbia in MW from 2012 to 2032, including estimates 173
Chart 19: Cumulative developments of wind power plants in Slovenia in MW from 2012 to 2032, including estimates 184
Chart 20: Cumulative developments of wind power plants in Turkey in MW from 2012 to 2032, including estimates 198
Chart 21: Mandatory Capacity Generation Targets for Share of Renewable Energy in the Western Balkans Countries from 2012 to 2032 216
Chart 22: Forecast for total Net Generation Capacity in the EU by source type 2013 - 2030 220
Chart 23: Smart Grid Model Concept 227
Chart 24: Cumulative number of smart grid projects in the selected Western Balkans countries compared to average EU number 2012 ÷ 2022 228
Chart 25: Cumulative budget of smart grid projects in the selected Western Balkans countries compared to average EU numbers 2012 229
Table 1: Wind Turbine Price Trend in 2022 37
Table 2: Top 5 countries at the global level by newly installed wind power capacity in GW in Renewable Market WatchTM 39
Table 3: Support schemes for RES generation in the EU countries 43
Table 4: Top 5 European countries by newly installed wind power capacity in GW in 2022 44
Table 5: Top 3 Western Balkans countries by newly installed wind power capacity in GW in 2022, Renewable Market WatchTM 49
Table 6: Albanian Annual Wind Resource Potential by City 51
Table 7: Feed-in-tariff and net metering support scheme for electricity from wind energy in Albania 54
Table 8: Database with selected operational, under construction and planned wind power projects in Albania 55
Table 9: Feed-in tariff for electricity from wind energy in the Republic of Srpska 65
Table 10: Feed-in premium for electricity from wind energy in the Republic of Srpska 65
Table 11: Feed-in tariff for electricity from wind energy in the Federation of Bosnia and Herzegovina (FBiH) 66
Table 12: Database with selected operational, under construction and planned wind power projects in Bosnia and Herzegovina 67
Table 13: Database with selected operational (grid-connected) wind power projects in Bulgaria 81
Table 14: Feed-in-tariffs for electricity from wind energy in Bulgaria 85
Table 15: Feed-in-tariff and premium tariff for electricity from wind energy in Croatia 95
Table 21: Feed-in-tariffs for electricity from wind energy in Greece 106
Table 22: Database with selected operational, under construction and planned wind power projects in Greece 108
Table 25: Feed-in-tariffs for electricity from wind energy in Kosovo 119
Table 26: Database with selected operational, under construction and planned wind power projects in Kosovo 120
Table 27: Feed-in-tariffs for electricity from wind energy in Montenegro 128
Table 28: Database with selected operational, under construction and planned wind power projects in Montenegro 129
Table 29: Feed-in-tariffs for electricity from wind energy in North Macedonia 136
Table 30: Database with selected operational, under construction and planned wind power projects in North Macedonia 139
Table 32: Database with selected operational, under construction and planned wind power projects in Romania 149
Table 33: Green certificates for electricity from renewable sources in Romania 160
Table 34: Feed-in-tariffs for electricity from wind energy in Serbia 170
Table 35: Database with selected operational, under construction and planned wind power projects in Serbia 172
Table 38: Database with selected operational, under construction and planned wind power projects in Slovenia 183
Table 39: Database with selected operational, under construction and planned wind power projects in Turkey 197
Table 40: Feed-in-tariffs for electricity from renewable sources in Turkey 209
Table 41: Wind Energy Support Schemes in the Western Balkans countries. Comparative Analysis 2023 215
Table 42: Grid Connection and Access Regimes in Europe in 2023 218
Table 43: List of TSO's in the Western Balkans countries in 2023 219
