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Unformatted text preview: will be developed on
the lower part of the Vrbas River. The project has an expected output of 75
MWh and a yearly production capacity of 450 GWh. 100 million euros will
be invested in this project.41
The company Enova SF was officially created on June 22, 2001 and
became operational on January 1, 2002. Enova SF is a public enterprise
owned by the Ministry of Petroleum and Energy. Enova SF's main objective
is to contribute to environmentally friendly and rational use and production
of energy, relying on financial instruments and incentives to stimulate
market actors and mechanisms to achieve national energy policy goals.
The establishment of Enova SF is a shift in Norway's organization and in
the implementation of its energy efficiency and renewable energy policy. By
bringing together many strategic policy undertakings into this one company,
Norway wanted to create an agency that has the capacity to stimulate
energy efficiency by motivating cost-effective and environmentally sound
investment decisions. Enova SF enjoys considerable freedom regarding its
Enova SF advises the Min...
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- Summer '14