News

Regulator renews power trading permit for HEP-Trade

Published

October 29, 2015

Comments

comments icon

0

Share

Published:

October 29, 2015

Comments:

comments icon

0

Share

A draft license was granted to company HEP-Trade d. o. o. from Mostar for the activity of international trade in electricity, according to a release by the State Electricity Regulatory Commission (SERC), Brčko District’s administrative body. The local self-governing authority officially belongs to both entities that make up Bosnia and Herzegovina. Brčko is located in the country’s north. The permit is valid for five years from December 1. The decision was made after HEP-Trade filed an application for the continuance of its activity in the market.

The licensee shall have the right to attend meetings of technical committees which give comments during the preparation and changes of the Grid Code and market rules, the document said. It also has the right to be appointed to the technical committee.

Earlier, Danske Commodities BH d. o. o. and Company for Electricity Trading and Sales GEN-I Ltd., both registered in Sarajevo, expressed interest in further power trading. The founder of the first company is Danske Commodities AS from Aarhus, Denmark, and the latter was established by GEN-I d. o. o. from Krško in Slovenia.

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