Lipsko Lake is an artificial lake of Bosnia and Herzegovina. It is located in the municipality of Livno.
At 20,3 kilometers the Bistrica finally reaches Lipsko Lake, near village of Lipa, which is first and smaller of two artificial reservoirs in hydroelectric power plant system Buà ¡ko Blato - HPP "Orlovac", other being Buà ¡ko Blato reservoir. In this system Lipsko Lake is a compensation basin and serves for regulation of an outflow of water toward intake facility at penstock station "Lipa" at the foot of Kameà ¡nica mountain, and across the border into Croatia where hydroelectric power plant "HE Orlovac" is situated. Lipsko Lake is connected with much larger reservoir of Buà ¡ko Blato, whose head can rise above head of Lipsko Lake up to several meters, via the reversible canal of "Lipsko-Buà ¡ko" where it stores an excess waters from Livanjsko Polje and the Bistrica, especially during flooding season and high precipitation periods. For transfer of these waters over the barrage "Podgradina", at village Podgradina, into Buà ¡ko Blato reservoir, system uses reversible pumping station "Buà ¡ko Blato", built at the point where canal reaches barrage.