Electricity

Reconstruction of power cable networks and expansion of smart metering in Republika Srpska

Photo: Elektro Krajina

Published

September 1, 2017

Comments

0

Share

Published:

September 1, 2017

Comments:

0

Share

Two local power companies in Bosnia-Herzegovina have invited offers for protected cables, substations and smartmeters. The power companies Elektro Bijeljina and ZP Elektrokrajina a.d. Banja Luka, both in the Republika Srpska (RS) will receive loans from the European Bank for Reconstruction and Development to finance their projects.

Both of the loans will be used to finance the reconstruction of medium-voltage and low-voltage power cable networks and substations and to expand smart metering in the areas covered by Elektro Bijeljina and Elektrokrajina Banja Luka.

Elektro Bijeljina and Elektrokrajina Banja Luka will receive loans of EUR 15 million for the reconstruction work and efforts to expand the smart metering network in the municipalities they cover in the east and in the northwest of the Republika Srpska.

The loan to the Elektro Bijeljina power company will come in part directly from the European Bank for Reconstruction and Development and partly from a special fund established and administrated by the EBRD with the contribution of the Taiwanese International Cooperation and Development Fund (TaiwanICDF) in support of investments in efficient energy technologies. The exact amount of that second part of the loan will depend on the level of reduction of carbon emissions but is limited to 50 percent of the total loan.

The loan to Elektrokrajina Banja Luka will come directly and in full from the EBRD.

Both the Elektro Bijeljina and Elektrokrajina Banja Luka local power companies launched the projects in an effort to reduce losses, improve the quality of their supply and secure easier access to the national grid for small hydro and other renewable source power plants.

Elektrokrajina Banja Luka is planning to reduce its overall losses from more than 15 percent currently to between 10 and 12 percent, which would bring it in line with the limits set by the Republika Srpska Regulatory Commission for Energy.

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

G7 reverses climate policy support LNG gas nuclear power

G7 reverses climate policy with support for LNG, gas, nuclear power

29 June 2022 - The G7 reaffirmed its commitment to climate goals, but it backed the deployment of gas, particularly LNG, and of nuclear power

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

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