2030–2035 scenario annex: Gas...

Scenario one: High volatility, tight LNG markets In a scenario characterised by global LNG...

What the European gas...

The European natural gas market has moved decisively away from its pre-2020 equilibrium....

Policy without borders: How...

Electricity market coupling is often discussed in technical or commercial terms, but its...

Fragmented convergence: Why Southeast...

For much of the past decade, the dominant assumption shaping policy and market...
Supported byClarion Energy
HomeSEE Energy NewsBosnia and Herzegovina,...

Bosnia and Herzegovina, ERS has hired GOPA Intec International Energy Consultants

Bosnian state-owned power utility ERS said that it has hired German GOPA Intec International Energy Consultants for the provision of consultancy services for the project for the construction of wind farm Hrgud.

The statement from the company said that the consultant will be tasked with preparing the project documentation and supervision of the construction of the wind farm.

The construction of the wind farms was supposed to start last year, but it was delayed. In September 2020, the Ministry of Energy and Mining of the Republic of Srpska (RS) Petar Djokic and German Development Bank (KfW) agreed to accelerate some of the activities on the project. This should be the first wind farm in the Republic of Srpska.

Installed capacity of wind farm Hrgud will be 48 MW, with the annual generation of some 126 GWh of electricity. The total investment in this project is estimated at about 63.9 million euros, of which some 60 million euros will be provided through loans by KfW Bank. In September 2015, the investor, power utility ERS, signed the concession contract for the construction and operation of wind farm with RS Government.

In November 2017, an agreement with German KfW bank on the 60 million euros loan for the construction of Hrgud wind farm was signed. The loan has a repayment period of 15 years, with a grace period of four years. The loan agreement has been approved by the Parliament of RS in late 2016.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

2030–2035 scenario annex: Gas prices, CBAM and export margins

Scenario one: High volatility, tight LNG markets In a scenario characterised by global LNG tightness, regulatory uncertainty, and persistent geopolitical risk, European gas prices remain volatile with frequent spikes. Average prices may moderate, but extreme events become more common. Under this...

What the European gas market means for Serbia-based producers and exporters

The European natural gas market has moved decisively away from its pre-2020 equilibrium. Price formation, supply security, and cost competitiveness are no longer primarily dictated by long-term contracts and pipeline marginal costs. Instead, they are shaped by a volatile...

Policy without borders: How Montenegro–Italy coupling constrains domestic energy intervention

Electricity market coupling is often discussed in technical or commercial terms, but its most profound effects are political. By linking Montenegro’s market directly to Italy’s, coupling effectively removes the border as a buffer between domestic energy policy and European...
Supported byVirtu Energy
error: Content is protected !!