ENERGETSKA ZAJEDNICA JUGOISTOČNE EUROPE SA OSVRTOM NA UTJECAJ SPRAM BiH / ENERGY COMMUNITY OF SOUTHEAST EUROPE WITH THE FOCUS ON THE IMPACT TOWARDS B&H

Abstract

Nine countries covered by the concept of the Energy Community of Southeastern Europe make up the population of 56 million inhabitants with a gross domestic product exceeding 1,173 billion in 2012. Although the population is approximately equal to the population of Italy, without the energy developed countries of Southeastern Europe, the energy supply of the EU stability of electricity, natural gas supply routes and raw materials used in the electrical industry would be impaired. This is where the advantage of the whole region, especially in countries that have a significant raw material and natural resources to generate electricity. If there won't bepolitical stabilityin the region, there will be no sufficient investment nor will it come to the fore a good geographical position. Only in the shortterm and mediumterm period, significant investments are needed in the production, transmission and distribution capacity to achieve the Energy Community of Southeastern Europe.Although the governments of the countries of Southeastern Europe, which expressed willingness to restructure the sector and the establishment of an energy market in 2000, signed the treaty establishing the Energy Community of Southeastern Europe, many activities do not run as fast as they should, which directly reflects on the reduced inflow of investment and slowing down the construction of new capacities. Opportunities for investment in the region is significant, but if the provisions of the treaty are not intensively applied, it will not come to the realization of projects. The current situation in the region is far from desired. Stability of energy supply is not at a satisfactory level. Prices of electricity, gas and petroleum products are not on the level of expected market values to enable new higher investment and the share of coal in electricity generation is significant. Solutions that the countries of Southeastern Europe are facing are clear: increasing the share of renewables in the energy mix, increase the production of biofuel, raising global partnership of these countries and the EU, investment in advanced energy technologies and achieve higher levels of energy efficiency. In this paper, I will primarily focus on the possibilities of power system against the Electric Power Board to which BiH belongs and the possibilities for the development of electric power industry base.