Bosnia's regions plan to invest a total of 3.6 billion Bosnian marka ($2 billion) in renewable energy projects over the next five years but will still keep coal-fired power plants online despite European Union objections, officials said on Wednesday.
The two regions that make up Bosnia - the Bosniak-Croat Federation and the Serb Republic - have pledged to follow the EU guidance and phase out production from fossil fuels by 2050 but are late with adjusting legislation and switching off thermo-power plants.
Dzindic said the Federation planned to invest 1.5 billion marka in hydro, wind and solar projects over the next three years, adding about 600 megawatts produced from renewable sources. But most coal-fired power plants will continue to operate at least until 2035, he added. The Serb Republic also plans to add an additional 600 MW of clean energy in projects worth about 2.1 billion marka over the next five years, Djokic said.
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