Energy Community Secretariat urges Parliament to postpone decision on Tuzla 7 guarantee
The Energy Community (EnC) Secretariat has urged the Parliament of the Federation of Bosnia and Herzegovina (FBiH) to postpone its decision on a guarantee for the Export–Import Bank of China’s (Chexim – China Exim Bank) loan to state-owned power utility Elektroprivreda BiH (EPBiH) to build a new, 450 MW unit of the Tuzla coal-fired power […]
5% electricity price increase approved for businesses, down from 15% sought by EPBiH, ERS
State-owned power utilities Elektroprivreda Bosne i Hercegovine (EPBiH) and Elektroprivreda Republike Srpske (ERS) did not receive the authorities’ nod to raise the electricity price for businesses as much as they had requested. Both companies asked for a 15% hike and were only allowed a 5% increase. The decision to lower the requested price increase followed […]
Electricity prices across the region to increase by up to 40% in 2019
Electricity prices for businesses went up in Croatia this year, while hikes have been announced for 2019 in Serbia, of about 20%, and Bosnia and Herzegovina (BiH), of around 15%. At the same, wholesale prices in Romania could increase by 40%. Electricity supply for the business segment in the region has been liberalized, and state […]
State Aid Council says loan guarantee for new TPP Tuzla unit in line with BiH, EU regulations
The State Aid Council of Bosnia and Herzegovina (BiH) has announced that its decision on the state guarantee for the loan to construct a new unit of the Tuzla thermal power plant (TPP) is in line with the BiH and EU state aid regulations. The Council’s announcement was in reaction to the Energy Community Secretariat’s letter […]
EVN Macedonia developing nationwide EV charging network
Power distribution company EVN Macedonia, a subsidiary of Austrian-based EVN Group, is developing a nationwide network of electric vehicle (EV) charging stations in cooperation with municipalities in Macedonia, according to a news release from the company. Due to the limitations of the current EV technology, battery-powered EV driving is impossible without an EV charging station […]
Energy Community Secretariat advises Parliament of FBiH not to back loan for Tuzla 7 project
The Energy Community Secretariat has recommended to the Parliament of the Federation of Bosnia and Herzegovina (FBiH) not to approve a guarantee for a loan of EUR 614 million from the Export–Import Bank of China (China Exim Bank) to power utility Elektroprivreda Bosne i Hercegovine (EPBiH) for a new, 450 MW unit of the Tuzla […]
KfW signs EUR 1.1 million financing agreement to help prepare Bitovnja wind farm project
German development bank KfW and public power utility Elektroprivreda BiH (EPBiH) have signed a EUR 1.1 million financing agreement for the preparation of the Bitovnja wind farm project, one of the key renewable energy facilities envisaged to be built under the company’s long-term development plan, according to a media release from EPBiH. The funding for […]
Power utility EPBiH swings to EUR 15 million net profit in H1
Power utility Elektroprivreda BiH (EPBiH) reported a net profit of around BAM 28 million (some EUR 15 million) in the first half of 2018, after posting a loss of nearly BAM 23 million (about EUR 12.4 million) in H1 2017. The financial data is partly due to poor hydrological conditions and bad weather last year […]