News

Guaranteed green power prices adopted

Published

April 1, 2016

Comments

0

Share

Published:

April 1, 2016

Comments:

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

Romania renewables statistically attributed Netherlands

Romania’s renewables can statistically be attributed to Netherlands

28 June 2022 - The EU enables countries to pay other member states to formally make up for shortfalls in achieving own green energy targets

offshore-wind-installation-vessels

EU faces challenges in delivering on ambitious offshore wind target

28 June 2022 - The ambitious target could prove challenging due to expected shortages of specialized offshore wind installation vessels

NASA-fission-nuclear-moon

NASA sets out to develop nuclear power plant on the Moon

28 June 2022 - Success in building such power systems would pave the way for long-term missions on the Moon and Mars, NASA said

EU energy ministers targets renewables energy efficiency

EU energy ministers aiming at more ambitious renewables, energy efficiency targets

28 June 2022 - The Council of the EU wants to boost the renewables and energy savings targets via the Fit-for-55 package, which depends on upcoming talks