News

Guaranteed green power prices adopted

Published

April 1, 2016

Comments

comments icon

0

Share

Published:

April 1, 2016

Comments:

comments icon

0

Share

The Government of the Federation of Bosnia and Herzegovina decided to give consent on the guaranteed prices for the purchase of electrical energy from facilities using renewable sources and efficient cogeneration (CHP). According to the document published on the official website, the value of hydropower is set at BAM 0.29936 (15.31 euro cents) per kilowatt hour, wind power will be purchased for 19 euro cents, electricity from photovoltaic panels costs 27.71 euro cents, generation from biomass brings 16 euro cents for every kilowatt hour, and biogas is worth 36.4 euro cents.

The rulebook on methodology determines that power prices are adjusted once in every 18 months according to input data for tariffs and the change in benchmark price. The purchase value of power from such sources is determined by the Regulatory Commission for Energy in Federation of Bosnia and Herzegovina and approved by the government.

This year’s total amount of incentives for power generation from renewables and cogeneration was determined to be EUR 4.27 million in February, while the unit before value-added tax was set to 0.05 euro cents per kWh. The incentives are payed by all final buyers of electrical energy in the entity.

Related Articles

Brent oil on track for highest ever monthly jump in March

Brent oil on track for highest-ever monthly jump in March

31 March 2026 - The Middle East war shook the oil market, with the benchmark Brent crude oil price spiking more than 55% since the end of February

north macedonia energy renovation public buildings afd giz bozinovska

North Macedonia to invest EUR 50 million in energy renovation of public buildings

31 March 2026 - The Ministry of Energy, Mining and Mineral Resources started preparations for investments in the energy renovation of public buildings

How to choose a BESS integrator for utility-scale solar projects

31 March 2026 - Solar developers need to consider four main factors when selecting the integrator for a battery energy storage system (BESS)

NGEN Group Austria Europe largest energy storage

NGEN Group breaks ground in Austria for one of Europe’s largest energy storage facilities

31 March 2026 - NGEN Austria has launched works on a two-hour BESS of 85 MW in Wagenham, set to become the biggest in the country and one of the biggest in Europe