Parliamentary Assembly of BiH adopts recommendations for energy sector reform
The House of Representatives of the Parliamentary Assembly of Bosnia and Herzegovina has adopted recommendations for the energy sector reform, proposed by MPs Momčilo Novaković, Hanka Vajzović, Saša Magazinović, Predrag Kožul, Mirsad Isaković, Lazar Prodanović and Jasmin Emrić.
Once entity governments consent, the Ministry of Foreign Trade and Economic Relations of BiH is to propose an energy strategy for BiH to the Council of Ministers, according to the text of recommendations.
The second recommendation is for energy efficiency to be the key element of energy transition and to determine the tasks of regulatory bodies in the implementation of this policy, while the third is to speed up the energy sector reform by adopting the missing laws and regulations needed to meet the requirements of the Energy Community and EU membership negotiations.
The fourth recommendation is to implement instructions for improving the licensing process for the construction of new energy facilities.
“The House of Representatives authorizes the Ministry of Foreign Trade and Economic Relations of BiH to coordinate and monitor the implementation of these recommendations in cooperation with relevant ministries and to report to the Parliament of BiH on the state of implementation every six months,” the text of the recommendations reads.
Source: Balkans Green Energy News
EBRD has acquired stake in Ictas Surdurulebilir Enerji Yatirimlari, the renewable energy arm of Turkey’s IC Holding for $100m
The EBRD’s investment is expected to provide new boost to Turkey’s renewable energy sector. Ictas Surdurulebilir Enerji Yatirimlari owns a portfolio of ten hydropower plants with a total capacity of 400MW. With the funding, the company expects to invest in wind and solar power with a combined capacity of up to 250MW. The investment will…
Romania’s Govt. renews promises for 10% IPO at Hidroelectrica
Romania’s Government plans to launch an initial public offer (IPO) for the sale of a 10% stake in hydropower producer Hidroelectrica and a 15% stake in coal and power company CE Oltenia, according to the 2019-2022 Convergence Program, passed by the Government on May 8. The offers would include the issuing of new shares by…
EPCG’s new investment cycle focuses on portfolio diversification, hydropower projects
A Belgrade consortium comprising engineering firm Energoprojekt Hidroinženjering and water management institute Jaroslav Černi has been selected to produce a conceptual design for hydropower plant (HPP) Komarnica, and has already prepared an environmentally acceptable technical solution, which paves the way for the construction of the power plant following decades of research, Igor Noveljić, CEO of…