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Regulator renews power trading permit for HEP-Trade

Published

October 29, 2015

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Published:

October 29, 2015

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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.

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