Regulator renews power trading permit for HEP-Trade


October 29, 2015





October 29, 2015




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

Climate change, water scarcity jeopardizing French nuclear fleet

24 March 2023 - The safety and operation of 56 existing reactors, as well as the planned ones, must be adapted to increasing climate extremes

Endangered vultures more important than wind farm project in Greek mountains

Endangered vultures more important than wind farm project in Greek mountains

24 March 2023 - The competent institutions opted for the conservation of bird habitats and gave a negative opinion on the wind farm project

Serbia monitoring, reporting and verifying GHG emissions world bank loan

Serbia to start monitoring, reporting, verifying emissions by 2026

24 March 2023 - The introduction of an MRV system derives from the terms of the government's loan agreements with the World Bank

virtual power plants distributed production aggregators pandurevci nosbih

Virtual power plants emerge in BiH as seven aggregators pool 120 MW in total

24 March 2023 - The Independent System Operator in Bosnia and Herzegovina (NOSBiH) foresees an increase to 250 MW by the end of the year