Renewables

Croatia issues four licenses for geothermal exploration

Croatia_licenses_geothermal exploration

Photo: Pixabay/Hans

Published

October 16, 2020

Country

Comments

0

Share

Published:

October 16, 2020

Country:

Comments:

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

Romania is exploring geothermal waters at 24 locations

Romania is exploring geothermal waters at 24 locations

27 January 2023 - Romania is third or fourth in Europe in geothermal energy potential. Exploration is currently being conducted at 24 sites.

cwp montechevo solar montenegro

CWP enters Montenegrin renewables market with 400 MW solar project

26 January 2023 - The investment is valued at around EUR 360 million, while the development and construction of the project are planned in phases

EPCG to install 47 MW solar power plant within Niksic steelworks

EPCG to install 47 MW solar power plant at Nikšić steelworks

26 January 2023 - Power utility Elektroprivreda Crne Gore bought the company in Nikšić for EUR 20 million from Turkish company Tosçelik.

Germany two green hydrogen pipeline projects EU countries

Germany to build two green hydrogen pipelines with other EU countries

26 January 2023 - Germany joined the H2Med project and is also working on a green hydrogen pipeline project with Belgium in the North Sea