Renewables

Croatia to switch to premiums as feed-in tariff model “reaches end” – minister

Photo: Ministry of Environmental Protection and Energy

Published

July 6, 2018

Country

Comments

0

Share

Published:

July 6, 2018

Country:

Comments:

0

Share

Croatia will switch to premiums to co-finance renewable energy projects, said Minister of Environmental Protection and Energy Tomislav Ćorić.

The feed-in tariff model “has reached its end” in Croatia and the state will no longer use it to subsidize electricity production from renewable energy sources, but will rather switch to premiums, Ćorić said in an interview with 24 Sata.

Quotas to be subsidized using the premium model, “which is much less burdening,” will be set under the country’s energy strategy, whose drafting is under way, he said.

The premium model is already envisaged under Croatia’s legislation.

In the same interview, Ćorić said that the new draft law on renewable energy sources will be sent to the government in September and that the government will propose it in the form of a bill to the parliament later that month.

The future law will enable individuals to get co-financing from the ministry to install rooftop solar photovoltaic (PV) systems, he said, noting that a fund to co-finance the rooftop PV systems will be launched in January, with plans to spend over HRK 50 million (about EUR 6.75 million) in 2019.

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

coal-power-generation-eu

Fossil fuels returned as top energy source in EU power generation in 2021

01 July 2022 - Among renewable sources, the biggest increase in 2021 was seen in electricity produced from solar energy, 13%,

Voltalia breaks ground Albania biggest solar park Western Balkans Karavasta

Voltalia breaks ground in Albania for biggest solar park in Western Balkans

01 July 2022 - The site for the Karavasta solar park spans 196 hectares in Fier county in Albania's west. The planned capacity is 140 MW.

net-loss-eps-q1

Serbia’s power utility EPS posts Q1 net loss of EUR 254 million

30 June 2022 - The state-owned power utility is blaming the poor result on a drop in output, electricity imports, and capped prices for end-consumers

EU agrees fossil fuel car ban as climate package talks are starting

EU agrees fossil fuel car ban as climate package talks are starting

29 June 2022 - The Council of the EU and European Parliament are set for talks on the Fit-for-55 package. Both agree new combustion engines should be banned by 2035.