Renewables

Croatia has met 2020 energy targets, has a potential to become SEE energy hub

Croatia has a potential to become energy hub in SEE if keeps working on it

Photo: European Commission

Published

February 1, 2018

Country

Comments

comments icon

0

Share

Published:

February 1, 2018

Country:

Comments:

comments icon

0

Share

Croatia has a potential to become an energy hub for Southeast Europe, given its hydropower potential and abundance of solar and wind energy that is not exploited yet enough, said European Commission (EC) Vice-President for the Energy Union Maroš Šefčovič while visiting Croatia.

The Commission Vice President explained that Croatia has the potential but if the country wants to become an energy hub for Southeast Europe, it has to implement all market rules and create new interconnections with member states and neighboring countries in Southeast Europe in order to improve security of supply and facilitate electricity and gas trade, Croatian media quoted Ševčovič.

Šefčovič visited Croatia at the end of January. It was a part of the second Energy Union Tour with the goal to discuss preparation of national energy and climate plan for 2021-2030 period as well as the development of Croatia’s internal energy market, and its role in regional energy cooperation.

At the conference The New Croatian Energy Strategy held in Zagreb, The Commission Vice President said that with 28 percent energy coming from renewable sources Croatia has achieved its 2020 targets when it comes to renewable and energy efficiency.

Šefčovič emphasized that however positive these results are, Croatia must continue with efforts in that direction particularly now when economic growth has got a momentum and renewable costs have been falling. That is important in order to achieve Paris Accord’s objectives, he told Jutarnji list and added that during the fourth industrial revolution, he encourages Croatia and all other EU members to invest in national energy and climate goals by 2030.

Šefčovič also mentioned the geographic position as an additional advantage of Croatia in trading renewable across the borders and said that the Commission Initiative on Central and South-Eastern European Energy Connectivity (CESEC) is a perfect example of cooperation that should be used in that direction.

The CESEC Initiative was launched in 2015 to enable safer gas supply in member states in Central and South East Europe, and, including 9 EU Member States and 8 Energy Community contracting parties, was further expanded to include electricity, energy efficiency and renewable energies.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

HELLENiQ Energy buys ABO Energy Hellas 1 5 GW renewables

HELLENiQ Energy buys ABO Energy Hellas, adding 1.5 GW in renewables projects

02 July 2025 - Amid a consolidation in the renewables sector in Greece, HELLENiQ Energysaid it completed the acquisition of ABO Energy Hellas

EU outlines measures for 90 emissions cut by 2040

EU outlines measures for 90% emissions cut by 2040

02 July 2025 - A proposed amendment to the European Climate Law sets a 2040 target of a 90% reduction in net greenhouse gas emissions

battery storage eu solarpower europe bess

SolarPower Europe: EU needs ten times more battery storage by 2030 to meet renewables targets

02 July 2025 - SolarPower Europe has launched an initiative called the Battery Storage Europe Platform to promote battery growth across the EU.

Solaris Holding large hybrid renewable energy park Bulgaria

Solaris Holding launches production at large hybrid renewable energy park in Bulgaria

02 July 2025 - The new Selanovtsi solar farm of 59.8 MW in peak capacity near Vratsa was installed alongside a battery energy storage system of 107.3 MWh in capacity