Investment Potential of Energy Efficiency in BiH is close to Five Billion BAM

March 4, 2019 11:00 AM

USAID Energy Investment Activity project announced a conference entitled  “Energy Efficiency Obligation Scheme Conference “, that will be held in Sarajevo on March 6, 2019 at Swissotel Hotel Sarajevo, Vrbanja 1, from 10:00 to 17:00 hours.

The objective of the conference is to present and discuss the proposed Energy Efficiency Obligation.

Panel discussions will discuss about obligation schemes as a trigger for GDP growth and bond schemes as an instrument of environmental protection.

It is estimated that the investment potential of energy efficiency in BiH is close to 5 billion BAM, and by investing 100 million BAM  per year in energy efficiency measures, the GDP of Bosnia and Herzegovina would increase by almost 1% annually, which would result in the opening of approximately 4900 jobs.

By applying this model and investing 100 million BAM annually, energy equivalent to 17,000 households would be saved as well as a reduction in CO2 emissions equal to the annual emissions generated by 19,000 vehicles.

In addition to the model proposal, the Energy Efficiency Scheme Policy Guidelines prepared by the Energy Community Secretariat and the European Bank for Reconstruction and Development (EBRD), as well as examples of the US Scheme Bond Scheme, will be presented at the conference.

Bonding Energy Efficiency Schemes are a mechanism to co-finance energy efficiency measures that commit energy-generating companies to achieve energy saving targets by investing in energy efficiency measures at their end-customers.

Scheme Model for Bosnia and Herzegovina and the presentation of the Energy Efficiency Obligation Scheme Policy Guidelines prepared by Energy Community Secretariat and the European Bank for Reconstruction and Development (EBRD). Energy Efficiency Obligations Schemes are mechanisms for financing the implementation of energy efficiency measures.

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