Coordination of the various BiH electricity regulators and markets is the country's biggest challenge when it comes to the energy sector. BiH has three regulators a state body that oversees transmission and international trade; and a Federation and a Republic entity regulator that both watch over generation, distribution and supply.
BiH exports power at present, largely through Elektropriveda Republica Srpska (EPRS).
It has multiple electricity markets, also: Two integrated Elektroprivredas in the Federation and one in the Republic, as well as Brcko District's power department.This system is inefficient and the companies have chronically suffered losses. All the Elekroprivredas are state-owned.
BiH�s state regulator, the State Electricity Regulatory Commission, was founded in 2003. Since then, it has licensed four companies to trade energy: the three Elektroprivredes companies and the the London-based Energy Financing Team.
Right now, BiH has a transmission company and an independent system operator that are legally unbundled from the generation-supply companies. But the ISO is operating on a limited basis because there is no SCADA system, a monitoring and control system for power transmission. Large customers in BiH should have choice of their suppliers beginning in 2007.
A series of audits done in 2002 and 2003 accused all three power companies, especially EPRS, of problems with accountability and poor management of finances. The audit found waste and corruption led to $166 million in losses at EPRS with a large amount of that coming from signing unfavorable deals with energy traders. Since then, the companies have not had such an extensive audit. They continue to lose money.
| NET ELECTRICITY EXPORTER | 2,084 GWh | | Total Electrical Consumption (2004) | 10,526 GWh | | Total Electrical Production (2004) | 12,600 GWh | | Electrical Consumption per Capita (2002) | 1912.00 kWh/capita | | Average Household Electricity Price (2005) | ¢7.02/kWh (no tax) | | | ¢7.70/kWh (with tax) |
