The Government of the Republic of Serbia extended the
validity of the Decree on Incentive Measures for the Production of Electric
Energy from Renewable Energy Sources and High-efficiency Cogeneration of
Electric Energy and Thermal Energy (Decree) until the end of 2019. It
was initially valid until the end of 2018.

This means that new wind and solar projects, which have
not yet obtained the (preliminary) privileged power producer status, may not
benefit from incentives for now. On the other hand, new projects using biogas,
biomass, small hydroelectric power plants and cogeneration, will be entitled to
same incentives as until now.

The extension made clear that the Government has not yet decided how the
incentives system will look in the future. Apparently, the Government gave
itself a one-year window to decide whether it will stick to the feed-in tariff
with some adjustments or will it move towards more market based incentives.