CROPEX to organize auctions of guarantees of origin

Croatian power exchange CROPEX will organize auctions of guarantees of origin through the IT auction trading platform, CROPEX said in a press release. The first two auctions will be held on August 29 and 30. CROPEX will organize the auctions to sell guarantees of origin for wind generation in the production period Q1 and Q2 […]

New Croatian Energy Strategy and Electric Energy Market

Author: Marija Mušec, Partner at Law Firm Bardek, Lisac, Mušec, Skoko d.o.o. in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH In May 2019, the Croatian Government proposed a new national Energy Strategy to run until 2030, including an overview to run to 2050. The proposal is currently under public review. The Energy Strategy foresees three […]

Electric car drivers can now travel border-to-coast through Croatia

Croatia’s state power utility Hrvatska Elektroprivreda (HEP) has deployed 16 electric vehicle (EV) chargers along highways. The EV chargers now make it possible for electric car drivers to travel from the borders with Slovenia and Hungary to the Adriatic Sea, connecting Croatia with the EV charger network within the Trans-European Transport Network (TEN-T), HEP said […]

Croatia’s HEP Group posts EUR 184 million net profit for 2018

Croatia’s state-owned energy company Hrvatska Elektroprivreda (HEP Group) reported a net profit of HRK 1.36 billion (around EUR 184 million) in 2018, an increase of 5% compared to 2017. The profit came from the group’s electricity business, with losses seem in other segments of operations, according to HEP Group’s annual report. HEP Group posted an […]

wpd sets up JV to develop Krmpote wind farm of up to 90 MW

Bremen-based wpd europe and Rijeka-based Tekol Teri have set up VE Krmpote, a joint venture to develop a wind farm on the Ruševo-Krmpotsko location near Novi Vinodolski, wpd said in a press release. The value of the investment is estimated at more than EUR 120 million. The Krmpote wind farm will have an installed capacity […]

Nordex Group to supply turbines for HEP’s first wind farm

Croatia’s state-owned power utility Hrvatska Elektroprivreda (HEP Group) has placed an order with German wind turbine manufacturer Nordex Group for the supply of 18 N131/3600 turbines for the Korlat wind farm, according to a press release from the German group. Korlat is the first wind farm in HEP Group’s power plant portfolio. The Nordex Group […]