Weekly energy market overview:...

During the second week of December, Brent oil futures for the Front Month...

European electricity prices: Weekly...

In the second week of December, average electricity prices fell in most major...

European electricity demand trends:...

During the week of December 8, electricity demand decreased across major European markets...

Europe: Solar and wind...

During the week of December 8, solar photovoltaic (PV) energy production increased in...
Supported byClarion Energy
HomeSEE Energy NewsBosnia and Herzegovina:...

Bosnia and Herzegovina: Poklecani wind farm project

Government of the Federation of Bosnia and Herzegovina (FBiH) adopted a decision which obliges power utility EP HZHB to accelerate activities on the project for the construction of Poklecani wind farm.

Therefore, EP HZHB has to prepare a plan for financing the construction of Poklecani wind farm and ancillary facilities, taking into account that the construction will be financed according to the model that provides for the engagement of own resources and loans. Last April, EP HZHB selected Croatian company Megajoule Adria to develop wind potential assessment study for Poklecani wind farm. The power utility launched a tender for the development of such study in mid-2019 and in January 2020 it selected a consortium of the University of Mostar and Energy Institute Hrvoje Pozar, which offered around 11,000 euros for the job, as a tender winner. However, the only other bidder Megajoule Adria, whose offer was deemed irregular, filed a complaint. Following a complaint, EP HZHB changed its initial decision and selected Megajoule to perform the study, with an offer of 6,400 euros. According to tender documentation, Croatian company has eight months to complete the study. The concession for Poklecani wind farm was awarded to EP HZHB in 2013. Back then, the company estimated that the construction of the facility, consisting of 36 wind turbines with combined installed capacity between 72 and 108 MW, would cost around 110 million euros. In March 2018, EP HZHB has officially put into operation the first wind farm in Bosnia and Herzegovina – 50.6 MW Mesihovina wind farm near Tomislavgrad. Mesihovina wind farm consists of 22 wind turbines with installed capacity of 50.6 MW. With expected average wind speed of 6 m/s, the wind farm should produce 165 GWh of electricity per year, which would increase EPHZHB’s annual output by 10 %. The project will be funded by 72 million euros loan provided by KfW Bank (loan agreement signed in February 2010) and by 6 million euros provided by EP HZHB itself.

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Weekly energy market overview: Brent Oil, TTF gas, and COâ‚‚ futures

During the second week of December, Brent oil futures for the Front Month on the ICE market reached their weekly maximum settlement price of $62.49/bbl on Monday, December 8, already 2.0% lower than the last session of the previous...

European electricity prices: Weekly trends and forecast

In the second week of December, average electricity prices fell in most major European markets compared to the previous week. The notable exception was the MIBEL market of Spain and Portugal, which recorded a 27% increase. Among the declines,...

European electricity demand trends: Weekly overview

During the week of December 8, electricity demand decreased across major European markets compared to the previous week, reversing the upward trend observed earlier. France recorded the steepest decline at 8.8%, marking the third consecutive week of falling demand....
Supported byVirtu Energy
error: Content is protected !!