Support mechanisms in Central, Eastern and South Eastern Countries
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Eastern winds - Emerging European wind power markets 29
24 More details on each country's mechanism can be found in the individual country pro�le sections of this report25 Kommunalkredit Austria & PwC: Investing in Wind Energy 2012
2.4 Support mechanisms in central, eastern and south-eastern countriesSupport mechanisms in this region differ from coun-try to country24. All countries analysed have set up dedicated support mechanisms for wind energy in the form of feed-in tariffs, feed-in premiums or green cer-ti�cates. The former two are most common, but the two largest wind energy markets in the region, Poland and Romania, use green certi�cates.
TABLE 2.6 SUPPORT MECHANISMS IN EU NEWER MEMBER STATES, CROATIA25, SERBIA, TURKEY AND UKRAINE
Country Currency Mechanism Amount Duration
Bulgaria Lev Feed-in €67.8 or €76 per MWh depending on Full Load Hours.
12 years
Croatia Kuna Feed-in €95.6/MWh 14 years
Czech Republic Koruna Reference price Difference between hourly electricity market price and reference price still to be determined
20 years
Hungary Forint Tender Case-by-case Case-by-case
Poland Zloty Certi�cates Market value (substitution fee €62/MWh in 2011)
10 + years
Romania Lei Certi�cates Two certi�cates/MWh with €28 �oor and €57.4 cap
2017
Russia Rouble Premium and Feed-in
Not in operation Premium until government targets met. Feed-in for 10 years
Serbia Dinar Feed-in €95/MWh 12 years
Slovakia Euro Feed-in €72.29/MWh 15 years
Slovenia Euro Feed-in and reference price
Less than 5MW feed-in €95.38/MWh.Difference to reference price, €50.75/MWh less than 10 MW and €38.76 more than 10 MW
15 years
Turkey Lira Feed-in €56.6/MWh plus a premium for use of local content €0.47 to €1.01/MWh
Ukraine Hryvnia Feed-in €55.22/MWh multiplied by 1.2 to 2.1 according to wind farm capacity
2030
* Currency exchange date: 24 September 2012 3.1.1 Power market overview
AF_Emerging_report.indd 29 12/12/12 17:44