Electricity Market to Open in 2015

Electricity Market to Open in 2015


By Nevena Šarenac – Sarajevo

The electricity market will open in BIH in 2015 for all customers, including households, which will be able to buy electricity in their home country or abroad if they find a better offer. This was concluded at a seminar on market processes in the electricity sector, which was held today on Vlašić and organized by the USAID project on assistance regulation and reforms of the energy sector (USAID REAP).

For customers who are able to do this, market processes and the relationships between all participants on the market have to be established and clearly defined for the public to understand.

The seminar was attended by representatives of all key institutions of the electricity sector in BiH, including the Ministry of Electricity of BiH and all its entities, three regulatory commissions for electricity, utility of Brčko, three ‘Elektroprivrede’ companies, the Independent System Operator of BIH and the BiH ‘Elektroprenos’.

Member of the regulatory commission for electricity of BIH Mirsad Salkić said that this USAID project is dedicated to strengthening market processes in the electricity sector in BiH. According to him, the information gained will be useful to regulatory commissions, and representatives from electricity companies.

At a similar seminar, organized by USAID REAP project in December 2012, participants discussed hypothetical cases in which a customer looks for independent suppliers.

In this way, participants tested whether market processes were really established, that they were clear and transparent, and they also agreed on missing processes.

Representatives of all key institutions in the electricity sector went a step further in this seminar in establishing the missing process and development of detailed procedures with the goal to fully prepare the electricity market and for it to be understood by the public. With the completion of this process, BiH would meet many requirements specified by the Agreement of the Energy Community, which was ratified in 2006.

Until now, the US government, mostly through USAID, ensured 1,6 billion dollars of assistance to support the economic, democratic and social progress of BIH.