Analysis: BiH aims for more Renewable Energy

November 15, 2018 9:00 AM

Bosnia and Herzegovina’s (BiH’s) Federation government targets a 44% share of renewable energy in the entity’s electricity mix in 2020, SeeNews website reports.

The share of renewables in heating is planned to stand at 49% in 2020, while in the transport sector the target is set at 10%, the Federation government said in a statement last week.

The targets are part of an updated action plan for the use of renewable energy sources adopted by the Federation government on November 8.

In 2016, Bosnia and Herzegovina achieved a 25.3% share of renewable energy in gross final energy consumption, below the 36.7% median trajectory for 2015-2016, the Energy Community said in its annual implementation report 2017-2018 published last week.

By the end of 2017, the country registered 113 MW of small hydropower plants, 16 MW of solar PV and 1 MW of biogas. The renewable energy share in transport is lower than 1%, the Energy Community stated.

BiH’s hydropower producer Hidroelektrane na Trebisnjici (HET) said it turned to a net profit of 3.1 million BAM ($1.8 million/1.6 million euro) in the first nine months of 2018, from a 15.3 million BAM loss in the like period of the previous year.

The majority state-owned company’s operating income nearly doubled to 44.2 million BAM from 20.1 million BAM, while its costs rose to 40.9 million BAM from 35.8 million BAM, HET said in a Banja Luka bourse filing.

 

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