Stopped the project for construction of transmission lines between Bosnia and Herzegovina, Serbia and Montenegro – Failure to meet the obligations of the Energy Community hampers investment of 10 million euros

Stopped the project for construction of transmission lines between Bosnia and Herzegovina, Serbia and Montenegro – Failure to meet the obligations of the Energy Community hampers investment of 10 million euros

Because of the failure to comply with Energy Community Treaty and the third package of EU directives, the project for construction of 400 kV transmission line that would connect Bosnia and Herzegovina, Serbia and Montenegro has been stopped.

– This has delayed implementation of 10 million euros of investment funds, as it relates to the part of the project in Bosnia and Herzegovina – said the Ministry of Foreign Trade and Economic Relations answering one of the questions of the Representatives of the BiH Parliament.

Otherwise, this joint project of the three countries was approved at the Summit of the Western Balkans, which was held in Vienna in 2015 and the EU has then expressed willingness to financially support given the fact that all three countries are determined to build it, and the proof of it is a feasibility study and that in Belgrade was founded joint venture.

The value of the transmission line, and the participation of BiH in this project is over 18 million KM is planned to BiH on its territory is building two branches, one that went to Bajina Basta and the other over Visegrad to Pljevlja.

What is perhaps most important in this project is to make its realization BiH via Montenegro via a submarine cable link with Italy.

Unlike Bosnia, where the project is on hold, Serbia and Montenegro are working on the preparation of documentation, according to the plans, and the next year could begin with the concrete work on the ground.

In order to, among other things, unblock the project for construction of transmission lines Visegrad – Bajina Basta – Pljevlja in BiH, Mirko Sarovic, Minister of Foreign Trade and Economic Relations, Petar Djokic, Minister of Industry, Energy and Mining, and Nermin Džindić, Minister of Energy, Mining and industry, agreed to by 31 March 2017 to adopt legislation for electricity and gas in accordance with the third package of EU directives.

The Ministry of Foreign Trade and Economic Relations, in response to a parliamentary question, said that BiH has a problem with the adoption of directives in the field of energy efficiency, which is in danger of running out of funds for projects from the fund for regional program worth 235 million euros.

– National Action Plan for Energy Efficiency is under construction. It is planned that will soon be adopted by the Council of Ministers. Because of the failure to adopt a framework of strategic documents at the state level in the energy the last few years (2014 – 2016) we are denied access to the IPA funds. At the annual level in these two areas are losing about 20 million euros, which for the past three years is around 60 million euros – said the Ministry of Foreign Trade and Economic Relations.

As for the energy sector, in addition to transmission lines Visegrad – Bajina Basta – Pljevlja, Europe is ready to help finance the construction of 400 kV transmission line from Banja Luka to Like in Croatia, and the gas interconnection Licka Jesenice – Tržac – Bosanska Krupa (Bosnia and Herzegovina – Croatia) and connection Zagvozd – Photo Gallery – New Meadow with a branch in Mostar (Bosnia and Herzegovina – Croatia).

All of these projects are located in the PEC list or on the list of projects of interest for the Energy Community, and by the European Commission and used as a base for running projects to be financed from EU funds.

Renewable Energy Projects in Bosnia and Herzegovina

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