Renewables

EPBiH seeks renewable energy projects, operational plants to buy

EPBiH renewable energy projects operational plants buy

Photo: Atimedia from Pixabay

Published

March 8, 2022

Comments

comments icon

0

Share

Published:

March 8, 2022

Comments:

comments icon

0

Share

If they want to sell their renewable energy projects or existing power plants in Bosnia and Herzegovina, investors can contact state-owned utility Elektroprivreda BiH by the end of the year.

Public enterprise Elektroprivreda Bosne i Hercegovine renewed a public call for the second time for natural and legal persons and companies that are interested in selling their operational renewable power plants or projects in development.

Call is open until year-end

EPBiH, an energy company owned by the Federation of Bosnia and Herzegovina and based in Sarajevo, said it is interested in existing hydropower plants with a minimum capacity of 1 MW or hydropower projects of at least 10 MW. As for wind and solar power plants, both planned and operational units of 10 MW and 3 MW, respectively, or more are eligible for a takeover, the document says.

Following the example of Croatia’s HEP Group, EPBiH decided already in late 2020 to buy renewable power projects and plants

The call for interested parties is open until the end of the year. Following the example of Croatia’s HEP Group, EPBiH opted for the strategy already in late 2020. The second call expired at the end of last year. In the meantime, Mostar-based Elektroprivreda HZHB, the other government-controlled power utility in the FBiH, also issued such a public call. The Federation of BiH is one of the two entities making up BiH, the other one being the Republic of Srpska.

Company is buying land, developing solar power projects for landfills at its coal plants

In July, EPBiH also expressed interest in leasing and buying land for the construction of its solar power plants. The company intends to build photovoltaic units also on the ash and slag dumps of its coal-fired power plants. Furthermore, it is growing biomass on land belonging to its mines for mixing it with coal for the production of electricity and heat.

At the initiative of the Energy Community Secretariat, the EPBiH said in May it would include carbon dioxide prices in its financial reports from this year even though it has no obligation to pay for greenhouse gas emissions yet. The countries of the Western Balkans have committed to introducing CO2 taxes by 2025, as the European Union said that in 2026 it would start phasing in its Carbon Border Adjustment Mechanism (CBAM), essentially a cross-border CO2 tax for imports of certain commodities and electricity.

Comments (0)

Be the first one to comment on this article.

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

serbia auctions cfd premiums 40 applications bids wind solar

Serbia’s auctions draw significant interest – 40 projects submitted

07 February 2025 - The country launched the auctions in late November and the deadline for applications expired on February 5

EU to exempt 80 of importers CBAM carbon tax

EU to exempt 80% of importers from CBAM carbon tax

07 February 2025 - European Commissioner Wopke Hoekstra vowed to exempt over 80% of companies that are eligible for payments under CBAM

Number of PPAs jumps in 2024 but volume weakens Pexapark

Number of PPAs jumps in 2024, but volume weakens – Pexapark

06 February 2025 - The European PPA market entered an adjustment chapter last year, characterized by record deal-making for smaller volumes, Pexapark said

Turkey USD 500 million solar power investments auction round

Turkey facilitates USD 500 million in solar power investments through auction round

05 February 2025 - The winners of PV projects in the latest auction round in Turkey must pay high contribution shares for a guaranteed price at the low end of the initial range