| Summary: | This report presents the findings of the Bosnia and Herzegovina (BiH) Power Sector Note that focuses on a least-cost planning analysis of the BiH power sector over the next two decades (2016-2035). This World Bank ESMAP-funded study was developed in association with the Independent System Operator (ISO or NOSBiH) and other BiH stakeholders, including governmental entities and the generation utilities in BiH. The analysis presented in this report takes a critical look at the demand-supply balance in Bosnia and Herzegovina over the next twenty years (2016-2035) to identify generation investments that are most economical for a number of alternative scenarios, including policy scenarios around BiH's policy objectives on carbon emissions, local emissions control, renewable energy and energy efficiency. In particular, the analysis compares and contrasts an optimized or least-cost plan with the Indicative Plan that has been prepared by ISO, collating a wide range of projects proposed primarily by two of the main Elektroprivreda (EP) generation companies in BiH, namely EPBiH and EPRS. A significant part of the work involved active consultations with all stakeholders to develop inputs, modelled scenarios, and vetting initial rounds of model results to refine and revise inputs or scenarios
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