Electricity

ERS starts electricity imports over drought, TPP Gacko overhaul, accident at HPP Plat

Photo: HPP Plat (ERS)

Published

April 11, 2019

Comments

0

Share

Published:

April 11, 2019

Comments:

0

Share

Due to low water levels, the overhaul of thermal power plant (TPP) Gacko, which will be finished in 90 days, and decreased production by hydropower plants (HPPs) operated by Hidroelektrane na Trebišnjici (HET), caused by an accident at HPP Plat (HPP Dubrovnik), power utility Elektroprivreda Republike Srpske (ERS) has launched the import of electricity. Imported electricity will be used to secure supplies for domestic consumers, the Brčko District, and transmission system operator Nezavisni operator sistema BiH.

According to ERS, the import value is estimated at BAM 5 million (EUR 2.6 million) over the coming period.

For now, the import will take place on a weekly basis, with ERS carefully monitoring electricity prices on the free market, the current levels being around EUR 40-45 per MWh.

If the Drina and Vrbas rivers reach higher water levels over the coming period, it is expected that the import will be significantly lower than planned, ERS said on its website.

ERS noticed the first signs of decreased electricity production at the beginning of January, when an accident at HPP Plat (HPP Dubrovnik) put a unit which was supplying electricity to ERS offline.

Due to drought, the accident at HPP Plat, and TPP Gacko’s overhaul, ERS’ revenue this year to fall by EUR 12.8 million

The loss was partially offset by an agreement signed between ERS, HET and power utility Elektroprivreda Hrvatske zajednice Herceg Bosne (EPHZHB) on the equal distribution of electricity produced by the pumped-storage HPP PHE Čapljina.

The agreement includes an obligation for HET to secure regulated water release at the Gorica dam of its HPP Trebinje 2, while EPHZHB has agreed to ensure the production of electricity at HPP Čapljina.

The consequences of drought and the accident at HPP Plat, as well as the negative financial effects of the TPP Gacko overhaul, will lower ERS’ revenues by BAM 25 million (EUR 12.8 million) this year, the ERS said.

In order to reduce the negative financial implications, ERS has recommended cost efficiency measures to all subsidiaries. These recommendations have been applied since the first decade of March, and the first results should be known in the middle of the year.

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

Kosovo measure wind potential auctions public projects

Kosovo* to measure wind potential for auctions, public projects

02 March 2024 - Kosovo* is about to measure wind potential to present the data to foreign investors or develop public projects

Nikšić from solar and wind can produce enough electricity for the entire Montenegro

Solar, wind parks around Nikšić could power entire Montenegro

01 March 2024 - Solar and wind power plants in optimal locations in Nikšić could cover the electricity consumption of all households in Montenegro

dodik buk bijela hydropower montenegro mandic

Republic of Srpska offers Montenegro to join Buk Bijela hydropower project

01 March 2024 - President of the Republic of Srpska Milorad Dodik offered to Montenegro to join the construction of the Buk Bijela hydropower plant

Serbia to couple electricity market with EU by 2026 SEEPEX stojcevski

Serbia to couple electricity market with EU by 2026 – SEEPEX

01 March 2024 - Coupling will make it easier for the industry, as a consumer, and power producers to enter the electricity market