Showing posts with label power. Show all posts
Showing posts with label power. Show all posts

2009-06-03

2,5 billion EURO investment in Bosnian energy sector

Elektroprivreda BiH is in the process of investment in new production facilities and renewable energy sources, as well as absorption of coal mines it recently acquired - said Jerlagić Amer, CEO of the company.

"By the end of 2020 we plan to build new hydro, wind and thermal power plants with combined power of 1800 MW amounting to annual production capacity of more than eight TWh. The value of these investments is 2.5 billion euros," he added.

"Investments in the rehabilitation of existing and construction of new facilities, in three coming years will amount to 700 million euros," said Jerlagić during his the welcoming address to the participants of international colloquium CIGRE, that started in Sarajevo today.

Construction of new power plants, he says, is a prerequisite for development and positioning of Elektroprivreda BiH as leader in the region of south-eastern Europe.

Elektroprivreda BiH Sarajevo is the largest power producing company in Bosnia with 1670 MW installed capacity, annually producing 6.5 TWh of electricity, of which one third is exported or sold to other companies within Bosnia. Annual income of the company is 450 million and it supplies more than 670,000 customers.

2009-05-12

Bosnia has excellent wind power potential

Bosnia has excellent resources for using the wind power and it is one of its chances to attract foreign investments, generate jobs and increase its GDP.


These were some of the messages heard at today's presentation at the German embassy in Sarajevo, during which the ambassador of Germany to Bosnia - Joachim Schmidt - awarded the Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina the electronic wind map.


As the ambassador Schmidt said, it is a document based on meteorological data collected during 30 years, which allows assessment of the wind situation for each area of Bosnia.


Ambassador Schmidt has further stated that the total wind energy potential in Bosnia is about 2000 MW, but it is considered that around 900 MW could be utilized.


It was also announced that the study showing how the possibilities of connecting proposed wind mill parks to existing electric grid, roads and other infrastructure will be presented by the end of the year.


"Bosnia has excellent resources. Use the resources that are available" - said Dr. Sander, an international expert in wind energy.