Electricity

SHPP Mesići-Nova breaks even after 3.5 years of operation

Photo: Pexels

Published

August 14, 2018

Comments

comments icon

1

Share

Published:

August 14, 2018

Comments:

comments icon

1

Share

The Mesići-Nova small hydropower plant (SHPP) near Rogatica, with an installed capacity of 5 MW, broke even on the BAM 10 million (EUR 5 million) investment after three and a half years of operation, said Ljubomir Mrda, director of Elektrodistribucija Pale, a subsidiary of power utility Elektroprivreda Republike Srpske (ERS).

SHPP Mesići-Nova was put into operation in 2015, after Elektrodistribucija Pale secured funds for the investment. The equipment for the power plant was delivered from the Czech Republic, Italy, Bulgaria, Serbia, Slovenia, and Croatia.

The production plan for the entire 2018 was practically met in the first five months of the year, thanks to the good hydrological conditions, Mrda said, the Srna news agency reported. Since the day the hydropower plant was put into operation, it has generated 96 GWh of electricity worth BAM 10,154,000 (EUR 5 million), Mrda noted.

He said that SHPP Mesići-Nova is a run-of-the-river hydropower plant with three units and a projected annual production of 23.5 GWh. The plant is operated by 30 employees.

SHPP Mesići-Nova should generate electricity for at least 70 years, which demonstrates the profitability of investments in the power sector, Mrda said.

Comments (1)
Arjan Visser / August 27, 2018

Wow, impressive. Would be happy to have a more precise look at the numbers.
The number of 30 people employed, are probably part of the construction companies. During operations, for sure you do not need that many (and you would not be able to reach the pay back of 3,5 years). I also wonder whether all preparation costs were included (studies, permits), as well as some donated funding iin doing so. But all in all, impressive numbers!

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

belgrade energy forum bef 2025 western balkans region cooperation

BEF 2025: Regional cooperation can facilitate energy transition, energy security

22 May 2025 - Belgrade Energy Forum featured representatives from the governments of Montenegro, Croatia, Hungary, the Republic of Srpska, and Serbia, and from UNECE

heating plant ljubljana energetika te tol

Slovenia keeps phasing out coal as key heating plant boosts natural gas share to 60%

22 May 2025 - TE-TOL, the main district heating provider in the Slovenian capital, Ljubljana, has taken over a newly built gas-steam unit

new york equinor empire wind

Equinor resumes New York offshore wind project of 810 MW after stop-work order lifted

21 May 2025 - The project's first phase, the 810 MW Empire Wind 1, is expected to generate electricity for some 500,000 homes in New York

Romania commission offshore wind study 3 GW 2035

Romania to commission offshore wind study, targeting 3 GW by 2035

21 May 2025 - Romania is receiving expressions of interest for a study identifying areas in the Black Sea for concessions for offshore wind farms