Bosnia: Cross border market trends, electricity export quantities and power dealers, SEE Energy News
Good connections of the BIH system with the neighboring power systems enabled sale of electricity to the countries in the region which have significant shortages.
In 2014, 3,716 GWh was exported, which is 28 % or 1,446 GWh less than in the previous year, and mostly a direct consequence of reduced electricity consumption. Sixteen entities exported electricity, among which EFT with 761 GWh of exported electricity was the leader in terms of the export scope, followed by Elektroprivreda RS, GEN-I and Elektroprivreda BIH with 477 GWh, 459 GWh and 406 GWh respectively.
The largest scope of cross-border exchange is traditionally achieved with Croatia and Montenegro respectively, and the smallest with Serbia. Croatia and Montenegro still have significant balance deficits and are the leading importers at the regional level. Electricity export amounted to 953 GWh. Among 17 entities that imported electricity to BIH, the highest import was achieved by Rudnap (323 GWh) and Ezpada (303 GWh).
In 2014, registered electricity transit through the BIH transmission network amounted to 1,448 GWh, which is a 26 % increase in comparison to 2013. Transit flows are important because their scope is used as the basis for determining revenues of every country participating in the Inter-TSO Compensation Mechanism (ITC mechanism), which is described in more detail in earlier SERC Reports on Activities. Total revenue achieved by BIH in the first eight months of 2014 amounted to €599,929.27, while for the whole year of 2013, it amounted to €1,017,519.30. It is evident that the decrease in transit flows and increase in export had a negative impact on the revenue on the basis of ITC mechanism during the previous two years.
From 2010 to the end of 2014, the ISO BIH applied the Rules of Allocation of the Right to Use Cross-Border Transmission Capacities, organising auctions on a daily, monthly and annual basis.
On 27 November 2014, the Coordinated Auction Office in South East Europe (SEE CAO) commenced its operation when annual auctions on the BIH – Montenegro and BIH – Croatia borders were organised. The joint auctions of two operators were organised on the BIH – Serbia border.The total revenue on the basis of cross-border transmission capacity annual auctions for the next year amounts to €558,187.06. The highest price was reached on the border with Serbia in the direction from BIH to Serbia amounting to 1,489 €/MW.
The total revenue on the basis of monthly auctions in 2014 amounted to €634,093. The highest price at a monthly auction for allocation of cross-border capacities amounting to 28 €/MW was reached on the border with Croatia in the direction of BIH at the auction for September 2014.
In 2014, auctions of cross-border capacities on a daily basis were also conducted, with the resulting revenue of €14,738. , transmits Serbia-energy.eu