EPBiH plans to reach 50 percent renewable energy production by 2030

General Director of EPBiH, Sanel Buljubasic, emphasised that their goal is to ensure a reliable and secure electricity supply while at the same time meeting European Union requirements and adapting to market rules.

"EPBiH has prepared renewable energy projects, but numerous administrative barriers and regulatory inconsistencies, from the level of local communities to the state level, are slowing down or completely blocking project implementation. We see the solution in creating a special legal framework that will accompany the decarbonization process and the gradual transition to renewable energy sources through the ongoing just transition, by creating conditions for the large-scale construction of new production facilities that are urgently needed," said Buljubasic.

He stressed the importance of joint action by the three power utilities in Bosnia and Herzegovina and the two competent ministries.

During the meeting, it was highlighted that the EPBiH Management, the FBiH Government, and the EBRD share common views and a vision for the future of Bosnia and Herzegovina’s power sector, with particular focus on the successful cooperation achieved so far among all partners. Readiness was expressed to continue cooperation on the preparation and construction of ongoing solar power plants, as part of the comprehensive process of decarbonising the energy sector.

Executive Director for Capital Investments, Harun Gadzo, underlined that EPBiH is actively conducting preparatory activities for implementing its strategic commitment to build new renewable energy production facilities, with the aim of reaching 50 percent of total energy production from renewables by 2030, and achieving full decarbonization of EPBiH by 2050.

EBRD representatives expressed satisfaction with the meeting held at EPBiH and with the activities and plans presented.