Bosnia: New 400Kv interconnection financed by EU may boost Bosnia electricity exports, News
On the list of five major energy projects which may financed by EU there is a cross border interconnection capacity project worth 66MEUR.
The interconnection project between Bosnia, Serbia and Montenegtro is expected to increase the level of electricity trading in the region but also to connect West Balkan countries with Italy thru the underwater power cable. Bosnia have high hopes on this project as its electricity exporter country in this circle. Serbia on the other hand expects to takeover the surplus from Romania and Bulgaria and serve as a hub toward Montenegro and Italy as a final destination.
Energy Community two years ago adopted the PECI list of priority energy projects for SEE South East Europe and West Balkans. The goal of this list was to identify the priority financing projects. On this list there are six projects in which Bosnia is expected to take part, together with its neighbors.
From the power generation area PECI list includes the HPPs Dubrovnik and HPPs Middle Drina. From the area of energy infrastructure PECI list includes the 400Kv cross border interconnection between Bosnia, Serbia and Montenegro as well as the 400Kv high voltage connection Banja Luka RS BiH-Lika Croatia.
From the gas infrastructure area the PECI list includes BiH gas projects, interconnection Slobodnica–Bosanski Brod–Zenica, pipeline Ploče–Mostar-Sarajevo/Zagvozd–Posušje/Travnik, as well as the interconnection Lička Jasenica–Tržac–Bosanska Krupa.
After the ministerial meeting of Energy Community held in Vienna in july 2015 five projects were selected as the ones most prepared for financing in 2015/2016 and they will be financed thru the investment framework for Western Balkans IPA 2015. Shortlisted is the 400Kv interconnection Bosnia, Serbia, Montenegro in value of 66MEUR.
Bosnia and Hercegovina is the only regional country which is an export of electricity, in first five months of 2015 BiH exported the electricity in value of 75MEUR.