Energy Efficiency

Croatia provides incentives for improving energy efficiency and use of renewables in enterprises

Photo: Pixabay

Published

September 12, 2017

Country

Comments

0

Share

Published:

September 12, 2017

Country:

Comments:

0

Share

Croatia has provided incentives for improving energy efficiency and increasing the use of renewable energy sources in manufacturing and private service sectors. The new state aid program for the promotion of energy efficiency and use of renewables in enterprises has recently come into effect in this EU member state.

The Croatian Ministry of Environmental Protection and Energy announced that the Ministry of Finance gave a positive opinion on the State Aid Program for the Promotion of Energy Efficiency and the Use of Renewable Energy Sources in Enterprises that came into force on September 6, 2017.

The program is aimed at stimulating investments that will enable more efficient energy use in manufacturing industries and private service sector, primarily tourism and trade. The other goal is to reduce share of conventional (fossil) fuels in total energy consumption by introducing renewable energy sources in these activities.

For those purposes, Croatia has obtained EUR 100 million from the European Regional Development Fund for the period 2014-2020.

The minimum amount to be allocated for co-financing of a project is EUR 26.890, and the maximum is EUR 268.900. A part of the funds will be provided by the company that submits the project.

Calls for proposals will be published within the Priority Axis 4 of the Competitiveness and Cohesion 2014-2020 Operational Program.

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

Call postgrads young professionals apply for Energy Community Summer School

Call for postgrads, young professionals to apply for Energy Community Summer School

18 January 2022 - The Energy Community Secretariat is receiving applications for the 2022 Energy Community Summer School in Sarajevo, to be held in August

Western Balkans integrate markets easier energy transition funding

Western Balkans need to integrate markets for easier energy transition, funding

14 January 2022 - A joint approach makes funding green energy and the coal phaseout easier for the Western Balkans, but funding sources are still insufficient

Most read articles on Balkan Green Energy News in 2021

30 December 2021 - The most important topics for our readers in 2021 were lithium, the coal phaseout and investment in renewable energy in Serbia

HEP got approval from the state to have EUR 63 million loan

HEP gets government approval to borrow EUR 63 million

27 December 2021 - HEP received approval from the Government of Croatia to take a EUR 63 million loan from the European Investment Bank