One of the topics that has recently been receiving more attention, both in the world and in our country, is energy efficiency. The reason for this is the high rate of irrational use of energy. That is why we are witnessing more and more domestic and international projects and campaigns, which claim that investment in this sector is highly profitable. Taking into account that these often use money from the public budget, it is important to see how much Bosnia and Herzegovina actually benefits from these investments.
“Investing in the energy efficiency sector brings a lot of benefits to our country. In addition to reducing CO2 emissions and contributing to environmental protection, as well as increasing comfort for users of public facilities, there are also significant economic benefits. With an investment of around 18 million KM, we achieved savings of over 2 million KM per year. On the other hand, if we keep in mind that all the work done on the facilities are performed by local companies, we understand that these investments also bring the opportunity for the local community”, emphasized Jasmina Katica, Head of the Department for Energy Efficiency of the Federal Ministry of Physical Planning, which implements the Energy Efficiency Project for BiH (BEEP).
A local company from Mostar, which is the contractor for several facilities in the FBiH, within the BEEP project, emphasized working on such a project is, as they say, firstly a challenge for companies. For smaller objects, on average, it takes 18-20 workers, while for larger, this number can increase to 27-30. The teams consist of experts from various fields, such as electrical installations, thermal insulation, lightning protection installations, air conditioning, heating and cooling, installation of holes and installation of roofs, and many others. In addition to their business opportunities, they emphasize that such projects bring great experience to local companies and references to new challenges in the future.
“In addition to the obvious benefits of economic nature, such as the potential for growth of local companies and the creation of new jobs, it is important to note that there are other, often neglected, benefits. Beeing a part of a project this big is a huge thing. Working according to international standards and procedures brings responsibility. But if you have a reliable and valuable team, who wants to learn, everything is successfully completed,” said the workers of the same company.
In the end, we see that such projects, although the products of the public sector, have an impact on the market, as well. Therefore, we can only assume how much would private sector’s investments contribute. In any case, it is evident that these investments are not an unnecessary cost, but a highly profitable investment for both our country and the Planet.