Energy storage financing Bosnia and Herzegovina

Why is the energy sector important in Bosnia & Herzegovina?

As one of Bosnia and Herzegovina’s (BiH) most important export sectors, the energy sector has the potential to be a major engine for economic growth in BiH. The sector is also relevant for the country’s accession to the EU, as development of competitive energy markets is required by the EU and the Energy Community Treaty.

How does USAID help Bosnia and Herzegovina?

Through its Energy Policy Activity, USAID helps Bosnia and Herzegovina attract investment and integrate its energy market into regional and EU markets. As one of Bosnia and Herzegovina’s (BiH) most important export sectors, the energy sector has the potential to be a major engine for economic growth in BiH.

How to promote energy transformation in Bosnia & Herzegovina?

Promote the implementation of programmes, priority measures, and activities in the sector of energy transformation, transmission, and distribution of natural gas, planned within the existing strategic and planning documents and relevant energy companies. In 2021, Bosnia and Herzegovina imported practically all quantities of oil derivatives.

How is energy produced in Bosnia and Herzegovina?

Energy production in Bosnia and Herzegovina is carried out using primary energy from solid fuels, wood biomass, hydropower, as well as other forms of RES (solar and wind energy).

Can Bosnia and Herzegovina cooperate with other countries?

As part of the energy and climate plan, Bosnia and Herzegovina is considering the possibilities of cooperation with other countries in the region on several levels: Energy projects: The plan considers cooperation in terms of joint energy projects, such as the construction and management of energy infrastructures.

What is the integrated energy and Climate Plan in Bosnia & Herzegovina?

1.1.3.3 Policies and measures to achieve goals The Bosnia and Herzegovina integrated energy and climate plan prescribes policy instruments and appropriate measures to achieve the goals by 2030. An overview of the plan policies and measures is given in the Table below. Establishing the legal obligation to perform a cost-benefit analysis.