Renewables

Government increases share of green energy to be sold on Croatian power exchange 

green energy

Slika: Pixabay

Published

December 19, 2019

Country

Comments

comments icon

0

Share

Published:

December 19, 2019

Country:

Comments:

comments icon

0

Share

The Croatian government has decided to increase the share of net delivered electricity generated by privileged producers sold on the Croatian Power Exchange (CROPEX) from 30% to 60% from January 1. The remaining 40% will be purchased by the suppliers at the regulated price.

It will be the second step toward full liberalization of the green energy market in Croatia. After two years of postponement, the government has made the first step in December 2018 by adopting a new law on renewable energy sources and the decree on the share of net supplied electricity from privileged producers. The government now changed only the decree.

In December 2018, a new law on renewable energy sources and a decree on the share of net supplied electricity from privileged producers were passed

According to the decree, electricity suppliers are obliged to take 40% of the net power produced by privileged producers from the market operator, while the remaining 60% will be sold on the market, CROPEX said on its website.

The liberalization of the market was projected to last three years, until 2021

The liberalization of the green energy market was projected to last three years, until 2021 as it is gradually opened in order to secure implementation of the plan, the government said about the order and added the Croatian Energy Market Operator (HROTE) is expected to sell 60% of the power produced from renewable sources and in high-efficiency cogeneration.

Tags: ,
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

heatwave power exchange prices see europe serbia

What is behind electricity price spike in SEE: grid issues, and something more

13 July 2024 - Record high temperatures aren't the main cause of the record price increase on power exchanges, ranging from 50% to 170%

IRENA La Camera renewables must grow higher speed scale

IRENA’s La Camera: Renewables must grow at higher speed, scale

12 July 2024 - IRENA's Director-General Francesco La Camera warned of ongoing patterns of concentration in geography in renewables deployment as well as against complacency

serbia nuclear energy memorandum government institutes faculties vucevic djedovic

Serbian government forges nuclear energy alliance with 20 scientific institutions, firms

10 July 2024 - The memorandum is aimed at gathering experts from Serbia and abroad to examine the possibility of the use of nuclear energy

Albania declares eight winners at 300 MW solar power auction

Albania declares eight winners at 300 MW solar power auction

10 July 2024 - The lowest bid at Albania's solar power auction came in at EUR 39.7 per MWh, against a starting level of EUR 59.97 per MWh