BiH and Montenegro sign MoU to integrate the regional electricity market
Representatives of the Independent System Operator (NOSBiH) in Bosnia and Herzegovina and the Montenegrin Electricity Transmission System – CGES signed a Memorandum of Understanding in Sarajevo today on preliminary activities for the projects “Reconstruction of the existing interconnection DV 220kV HE Perućica – Trebinje” and ” Construction of a new interconnection DV 400kV Brezna – Sarajevo 20 or DV 400kV Brezna – Gacko”.
NOSBiH Director Nemanja Pandurević and CGES Executive Director Ivan Asanović signed the Memorandum.
According to director Pandurević, the significance of this project is, above all, reflected in the increase in transmission capacity.
“Transmission capacities are very important to us for the reason of increasing the possibility of integrating renewable sources of electricity. We are all familiar with the fact that the trend is solar power plants and wind parks. To enable the network to receive all renewable sources, such agreements are necessary that will lead to the construction of interconnections. Likewise, interconnections will increase the security of supply and congestion on the network. This is necessary in order to work on the integration of the regional electricity market, which is found in all strategic documents for the Western Balkans,” Pandurević said.
CGES Executive Director Ivan Asanović says that by signing the memorandum, a very important task for the reconstruction of the existing and the construction of the future interconnection begins.
He stated that these are valuable projects, that the reconstruction of transmission lines is always expensive, especially the construction, and that it involves tens of millions of euros.
“CGES has already made a step forward in that area and received significant funding from the European Commission for the preparation of a feasibility study. So when the projects are ready and at an advanced stage, then we will be able to ask for a more serious construction grant from European funds of up to 20 percent, which would be significant for both systems in Montenegro and Bosnia and Herzegovina,” said Asanović.