An Overview of Investment Projects for Hydropower Development in the Balkan Region

An Overview of Investment Projects for Hydropower Development in the Balkan Region

The Balkan region offersimmenseunharnessed hydropower potential. Up to 30% of rivers remain in pristine state with an estimated 80,000 GWh technical potential.

Hydropower is one of the main domestic sources of electricity generation in the region. With financial assistance from international organizations, the development of 2000 new hydropower projects is underway or planned in the short runacross the region.Besides, in the context of EU’s environmental requirements on energy efficiency and sustainability, hundreds of brownfield projects are initiated for equipment modernisation and renovation at existing facilities. A total of 24 billion euros will be invested in the regional hydropower industry development up to 2025,majorly focused on Albania, Bosnia and Herzegovina, Romania, and Serbia.

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The flagship projects include: the construction of Calivach HPP on the river Viosa in Albania with installed capacity as of 100 MW;GornijiHorizonti HPP system with a total capacity of 253 MW in the Republic Srpska in Bosnia and Herzegovina; Zhur 1 and Zhur 2 HPPs with a total capacity of 205 MW in Kosovo.

Current and upcoming HPP projects in the Balkan region, randomly selected from our report:

  • Kokël HPP, Albania

Devoll Hydropower project consists of two hydropower plants, Banja and Moglicë, in the valley of Devoll, with an installed capacity of 256 MW. The power plants produce 729 GWh annually, increasing the Albanian electricity production by almost 17%. Official company sources suggest that the decision on Kokël construction will be made after two other HPPs put into operation.

  • GornjiHorizonti HPP system construction. Bosnia & Herzegovina

The project stipulates for the construction of GornjiHorizonti system including HPPs Dabar, Nevesinje and Bileća planned in the Republic of Srpska, Bosnia & Herzegovina. HPP Dabar is the first and the most important plant in the whole system. 70% of its initial capital is provided by the company HidroelektranenaTrebišnjici while 30 % of the capital is provided by the state-owned ElektroprivredaSrpske. The estimated capacity of HPP Dabaris 159,15 МW, with projected investment as of €179.9m. HPP Nevesinjewill have the capacity of 60.0 МW, and requires the investment of €99.5m. The projected capacity of HPP Bilecatotals 33 МW, with investment as of €48.1m.

  • 350 MW Kosinj HPP construction, Croatia

Croatian state-owned energy utility HEP has invited expressions of interest from potential strategic partners for a new hydro power plant project.The strategic partnership opportunity is offered on a design-build-operate-transfer basis for a period of up to 30 years. Total value of the required investment is estimated at €500m. The project implementation period is approximately 6 years.

Request free copy of the full investment projects list here:http://bit.ly/2tlUomB

 

Contact person:Media relations manager Alina Fatchichina
Email:AFatchihina@VostockCapitalUK.onmicrosoft.comtel. +44 207 394 3090
Official website:http://www.hydropowerbalkans.com/en/