Renewables

First auctions for premiums in Croatia to be held by year-end

auctions-premiums-Croatia-tomislav-coric

Photo: Tomislav Ćorić (Ministry of Environmental Protection and Energy)

Published

July 15, 2020

Country

Comments

comments icon

0

Share

Published:

July 15, 2020

Country:

Comments:

comments icon

0

Share

Croatia plans to hold auctions for premiums for the production of renewable energy from biomass and biogas by the end of the year while tenders for wind and solar power plants are planned for next year, according to Minister of Environmental Protection and Energy Tomislav Ćorić.

He said Croatia would push the production of energy from renewable sources for the next ten, 20, 30 years. The goal is to increase output from solar, geothermal resources, biogas, wind and a bit from hydropower, in his words.

Auctions for biomass and biogas plants with low installed capacity are planned by the end of the year

A recently introduced premium model is juster because producers compete with each other while the state will secure the implementation of their projects, the minister added.

By the end of the year, there will be auctions for the premiums for small scale biomass and biogas facilities, he revealed.

Auctions for solar power plants and wind farms are planned for next year

Next year, the Croatian government will open auctions for utility-scale solar power plants and wind farms, which is an opportunity for big energy companies such as HEP to invest, said Ćorić.

According to the earlier projections, the implementation of premiums could trigger investments worth EUR 1.6 billion.

EU funds for the energy transition

However, he said Croatia would not ignore transition fuels, such as natural gas, noting it would build an LNG terminal on Krk island.

Ćorić expects oil and gas company INA to follow the example. The company is already heading into the same direction with its bioethanol project in the Sisak oil refinery which is in line with the European Green Deal.

Croatia will not spend a lot of money on the transition to renewable energy sources due to funds from the EU financial perspective 2021-2027, the minister added.

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

Regional Power Sector Exchange Western Balkans disitribution system operator dso grids ohrid giz

Third Regional Power Sector Exchange in Ohrid: Power grids at core of energy transition

30 May 2025 - The third Regional Power Sector Exchange of the Western Balkans gathered over 80 energy professionals from the Western Balkans

Maja Maćić, Balkans Platform Head at Alcazar Energy

Maja Maćić: Alcazar Energy expands presence in Western Balkans

30 May 2025 - Maja Maćić, executive manager of Alcazar Energy, said at Belgrade Energy Forum that construction activities for some projects would start as early as this year

two solar power plants egesa enerji vojvodina

Turkish Egesa Enerji to build two solar power plants in Serbia’s Vojvodina province

30 May 2025 - Turkish company Egesa Enerji has launched a project to build two solar power plants in Vojvodina, with a total nominal capacity of 8.6 MW

Green for Growth Fund partnership Swedish International Development Cooperation Agency Sida

Green for Growth Fund launches partnership with Swedish International Development Cooperation Agency

30 May 2025 - GGF and the Swedish International Development Cooperation Agency are expanding green lending in the Western Balkans and the EU's Eastern Neighborhood