Renewables

Croatia issues four licenses for geothermal exploration

Croatia_licenses_geothermal exploration

Photo: Pixabay/Hans

Published

October 16, 2020

Country

Comments

comments icon

0

Share

Published:

October 16, 2020

Country:

Comments:

comments icon

0

Share

The Croatian Ministry of Economy and Sustainable Development has issued licenses for geothermal exploration for energy production purposes at four locations in the regions of Slavonija, Podravina, and Međimurje.

Zagreb-based Geo Power Energy Development was issued a license for geothermal exploration at the Legrad-1 location, while Ensolx, also from the Croatian capital, received two licenses – for locations Ernestinovo and Merhatovec. The fourth license, for exploration in the Lunjkovec-Kutnjak area, was granted to a firm called Buko Termal from Mali Bukovec.

The public call drew nine applications despite circumstances caused by the COVID-19 pandemic

The public call for the four licenses, announced in June this year by the Croatian Hydrocarbon Agency, attracted nine applications.

Marijan Krpan, head of the Hydrocarbon Agency, recalled that the public call had attracted investors for all four locations despite the fact that it was issued at the time when all large companies had suspended projects amid  uncertainties caused by the COVID-19 pandemic. He added that public calls such as this one demonstrate that geothermal projects can play a major role in Croatia’s energy transition.

The total value of exploratory works is estimated at nearly EUR 20 million

The total value of exploratory works on these four projects has been estimated at nearly EUR 20 million, according to the agency’s statement.

Croatia’s first geothermal power plant was unveiled in 2019, with other similar projects in the pipeline

Croatia’s first geothermal power plant was officially unveiled in 2019 in Ciglena near Bjelovar by Turkey’s MB Holding. Also, Geo Power Zagocha plans to build a geothermal power plant in the municipality of Čađavica, while the municipality of Babina Greda has plans to use geothermal energy as well.

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

IEA Renewables cover almost all electricity demand growth 2027

IEA: Renewables to cover almost all electricity demand growth through 2027

17 February 2025 - A sharp increase in global electricity demand is expected in the next three years, IEA said and estimated that renewables would cover 95%

KEY – The Energy Transition Expo from march 5th to 7th in Rimini

KEY – The Energy Transition Expo to be held from March 5 to 7 in Rimini

17 February 2025 - The Italian Exhibition Group (IEG) is organizing its event KEY – The Energy Transition Expo in Rimini, Italy, from March 5 to 7

EDP Renewables inaugurates two wind power plants in Greece

EDP Renewables inaugurates two wind power plants in Greece

15 February 2025 - EDP Renewables declared its two new wind farms in Central Greece and Thessaly open, adding almost 70 MW to the transmission grid

Schneider Electric Energize pharmaceutical healthcare companies PPA

World’s leading pharmaceutical, healthcare companies ink PPA within Schneider Electric’s Energize initiative

14 February 2025 - Energize, an initiative created by Schneider Electric, aims to accelerate renewable energy adoption within the pharmaceutical value chain