Financing agreement signed to build new CHP plant, resolve Zenica’s top polluter
A financing agreement has been signed for a EUR 53 million project to build a combined heat and power plant (CHP) to use recovery gases from the steelworks in Zenica, instead of coal burned by the current boilers. The project is expected to resolve the city’s district heating issues, as well as to significantly cut […]
GGF Partners with Mikrofin to boost energy efficiency in households, small enterprises
The Green for Growth Fund (GGF) has partnered with Mikrofin to encourage energy efficiency measures among households and small agri-businesses in Bosnia and Herzegovina, the GGF said in a press release. The impact of the EUR 2 million loan will be enhanced through capacity building measures, enabling Mikrofin to develop and market a dedicated energy-efficiency […]
FBiH government increases feed-in tariff surcharge, distribution to producers not planned before April 1
The Government of the Federation of BiH (FBiH) has decided to increase the surcharge paid by electricity consumers through electricity bills to fund the feed-in tariff scheme for privileged power producers. The surcharge in 2019 will be 0.002555 BAM/kWh (0.001306 EUR/kWh), up from 0.002128 BAM/kWh (0.001088 EUR/kWh) in 2018. The distribution of surcharge to privileged […]
EEO Scheme Model developed for BiH, energy efficiency investment potential estimated at EUR 2.55 billion
The Energy Efficiency Obligation (EEO) Scheme Model for Bosnia and Herzegovina (BiH), developed by the USAID Energy Investment Activity (EIA) Project together with relevant ministries and other government institutions, is designed to significantly improve the way efficient energy production is financed. A survey has shown that the majority of respondents support the idea of financing […]
FBiH Parliament approves Tuzla 7 guarantee despite Energy Community objection
The House of Representatives of the Parliament of the Federation of Bosnia and Herzegovina (FBiH) has approved a guarantee for a EUR 614 million loan from the Export–Import Bank of China’s (Chexim – China Exim Bank) to state-owned power utility Elektroprivreda BiH (EPBiH) to build a new, 450 MW unit of the Tuzla coal-fired power […]
Kopač, ERS general manager discuss Third Energy Package, new energy laws
Power company Elektroprivreda Republike Srpske’s (ERS) commercial activities – production, trade, and supply – should be liberalized, which will cause electricity price changes, but the RS will be given a transitional period, Energy Community Secretariat Director Janez Kopač said in a meeting with the ERS management, while ERS acting general manager Luka Petrović announced the […]
EPBIH’s net profit surges to nearly EUR 27 million in 2018
State-owned power utility Elektroprivreda BiH reported a net profit of BAM 52.4 million (some EUR 26.8 million), up some 84 times compared to 2017, when it stood at BAM 620,282 (about EUR 317,000). The company’s net profit in 2018 was also higher than in 2016, when it was at BAM 12.9 million (around EUR 6.6 […]
Independent lawyers’ report confirms Tuzla 7 guarantee contains elements of state aid
Independent lawyers have confirmed the Energy Community (EnC) Secretariat’s finding that the Tuzla 7 guarantee contains elements of state aid, the Secretariat said in a press release. It asked the State Aid Council of Bosnia and Herzegovina (BiH) to re-examine the guarantee in line with the EnC state aid acquis. A week ago, the Secretariat […]