BiH lags significantly behind the trends

According to the Bloomberg report, 2011 was a record year for investments in renewable energy. These investments exceeding 260 billion dollars in 2011, up 5 per cent compared to 2010 and nearly five times more than in 2004 in which the investment was 53.6 billion dollars. Investments in solar energy have surpassed wind power, a surprisingly

According to the Bloomberg report, 2011 was a record year for investments in renewable energy. These investments exceeding 260 billion dollars in 2011, up 5 per cent compared to 2010 and nearly five times more than in 2004 in which the investment was 53.6 billion dollars.

Investments in solar energy have surpassed wind power, a surprisingly large investments in renewable energy sources were to the U.S. in that for the first time since 2008 ahead of China due to various state incentives. Record Investment in 2011 are particularly appealing because they were generated during the turbulent years of the global economic crisis.

Total investment in solar technology in 2011 amounted to 136.6 billion dollars, which represents an increase of 36 percent over the previous year. This is almost double the 74.9 billion dollars invested in wind farms, a decline of 17 percent over the previous year. Europe as a whole had an increase in investment of renewable energy by 3 percent, to 100.2 billion dollars, with the greatest investment in solar energy technology.

Bosnia and Herzegovina does not have the energy production from renewable sources other than small hydro power plants of total installed power of 37.7 MW, of which 23.7 MW in the FBiH and 14 MW in RS. As for biomass, 1.5 million tons of firewood is estimated as annual consumption in BiH, but it can not be considered renewable because there are no data on the control of the sustainability of this source. The efficiency of utilization is even more questionable. There is no action plan to promote
renewable energy sources or legislation at the state level. The Government of the Federation is June 2010 adopted the Regulation on the use of renewable energy sources which are numerically expressed objectives expressed as a percentage of the total energy needs could be covered by renewable sources, but the enforceability of the other goals of permissive. The current rules on subsidies for production of electricity from renewable sources and efficient cogeneration can be downloaded here.

There are intentions in building wind power plants in Bosnia, and there is ongoing collection of project documentation and construction of a wind farm in Tomislavgrad, Livno and Podveležje. At present there is a photovoltaic power system totaling a 3.9 kW of installed capacity, which is mounted on the roof of the Centre for special needs children Los Rosales in Mostar.

It is important to note that funding for the incentives provided for by Regulation production of electricity from renewable sources and efficient cogeneration of electricity paid by consumers on a monthly basis. The fee for renewable energy in the Federation of Consumers allocate 0.001 KM plus VAT per kilowatt hour while in RS the compensation will be paid by all consumers at a price of 0.018 KM per month per kilowatt hour of electricity.

The intention of the Government of the Federation as a whole to legislate in this area is a positive trend in 2012. In the public debate a draft law on renewable energy and efficient cogeneration and the Law on Energy Efficiency in the pipeline. It is
expected that the legal framework to edit the field and increase investment in this sector to BiH catch up with the world.

With the current European financial crisis 2012 looks like another challenging year for investment in renewable energy.

Renewable Energy Projects in Bosnia and Herzegovina

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