Bosnia-Herzegovina energy report
This analysis includes a comprehensive Bosnia-Herzegovina energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2018 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Institutions & Energy Policy
Bosnia and Herzegovina is a Balkan country that became independent from Yugoslavia in 1992. Since the signing of the Dayton Peace Agreement in 1995, the country has been split in two entities, the Federation of Bosnia and Herzegovina (FBiH) and the Republic of Srpska (RS); in addition, the district of Brčko has a special status.
The power sector consists of three vertically integrated public monopolies (90% public): Elektroprivreda BiH (EP BIH), Elektroprivreda RS (ERS) and Elektroprivreda HZ HB (EP HZ HB). The power companies are synchronised and interconnected but there is no competition among them; they are virtual monopolies within their exclusive service territories (no unbundling of distribution companies).
The indigenous energy sources are lignite and hydro. Lignite reserves are significant and estimated at about 2.3 Gt. The economically exploitable hydro potential is estimated at 19 TWh. The potential of other renewables is estimated at 2.5-5.9 GW for wind, up to 1 GW for solar and up to 857 MW for biomass. Oil resources are estimated at 73 mbl.
Gas prices are regulated and declined between 2015 and 2018 (-14%/year for industry and -16%/year for households), after significant increases between 2010 and 2015 (by 7 and 8%/year, respectively). They grew by 7% for all customers in 2019, due to the higher cost of Russian supplies and a degraded exchange rate.
The country's overall consumption per capita reaches 1.8 toe (37% below the EU average in 2018) with electricity accounting for 3 350 kWh (38% below the EU average).
The country's total consumption increased rapidly between 2015 and 2017 (+5.5%/year) and remained stable in 2018 at 6.4 Mtoe. It increased very rapidly between 1995 and 2011 (+10%/year) and declined until 2015.
Issues & Prospects
According to NOS BIH's plans, electricity consumption is expected to increase by around 1.6%/year between 2020 and 2029. Around 1.4 GW of power projects are expected before 2030, including 750 MW of coal and lignite-fired power plants, and 373 MW of CCGTs and 210 MW of hydropower.
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY COMPANIES
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
Below is a list of the Bosnia-Herzegovina energy market report graphs:
- GRAPH 1: CO2-energy emissions (MtCO2)
- GRAPH 2: Installed electric capacity by source (2018, %)
- GRAPH 3: Gross power production by source (TWh)
- GRAPH 4: Power generation by source (2018, %)
- GRAPH 5: Gasoline & Diesel Prices (€/l)
- GRAPH 6: Electricity prices for industry and households (€c/kWh)
- GRAPH 7: Gas Prices for Industry and Households (€c/kWh, GVc)
- GRAPH 8: Consumption trends by energy source (Mtoe)
- GRAPH 9: Total consumption market share by energy (2018, %)
- GRAPH 10: Final consumption market share by sector (2018, %)
In the Bosnia-Herzegovina energy market report you will find the following tables:
- Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
- Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source
- Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
- Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
The Bosnia-Herzegovina energy market data since 1990 and up to 2018 is included in the Excel file accompanying the Bosnia-Herzegovina country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Bosnia-Herzegovina Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Bosnia-Herzegovina energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
The Bosnia-Herzegovina country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
- New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
- Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.
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