Integration of Renewable Energy Generation in the Power System of Bosnia and Herzegovina

The present paper proposes a comprehensive analysis of the Bosnian power system, with a particular focus on the transition towards sustainable energy sources. This study examines a scenario that involves the phase-out of lignite power plants, which are known for their high carbon emissions and environmental impact. In place of lignite, the scenario emphasizes a significant increase in renewable energy generation, specifically hydro, solar, and wind power. The model used for this analysis is developed in Plexos, a sophisticated energy modeling software, and operates with an hourly resolution to capture the nuances of energy production and consumption throughout the day. Key outputs from the model include detailed data on generation capacity, emissions levels, and electricity prices. The findings of the analysis indicate that the proposed scenario not only supports environmental sustainability but also offers economic benefits. The positive cost-benefit ratio suggests that investing in renewable energy infrastructure can lead to long-term savings and reduced reliance on fossil fuels. The paper provides valuable insights for policymakers and stakeholders in the energy sector, highlighting the potential for a greener and more resilient power system.