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

Janom Investments expands Croatia 30 MW solar power project

Janom Investments expands to Croatia with 30 MW solar power project

01 March 2024 - The planned 30 MW solar power plant in the Slavonia area is the first project of janom Investments in Croatia.

European heat pump sales drop 2023 layoffs

European heat pump sales drop in 2023, resulting in layoffs

29 February 2024 - Heat pump sales tumbled 4.7% last year in 14 countries tracked by the European Heat Pump Association (EHPA)

BiH entities set establishment of power exchange as priority

BiH entities agree that establishing power exchange is priority

29 February 2024 - Energy ministers Petar Đokić from the Republic of Srpska and Vedran Lakić from the Federation of BiH have met in Banja Luka

OMV Petrom EU funding two green hydrogen plants

OMV Petrom obtains EU funding for two green hydrogen plants

29 February 2024 - OMV Petrom is stepping up its decarbonization efforts with projects for two green hydrogen production units at its Petrobrazi refinery