Croatian Energy Market Operator to become part of Croatian Transmission System Operator
The Croatian Energy Market Operator (HROTE) will be part of the Croatian Transmission System Operator (HOPS), while the Croatian Environment and Nature Agency will become part of the Ministry of Environmental Protection and Energy. This is the outcome of the Croatian government’s decision on the reduction of the number of state agencies, institutes, funds, companies, […]
HEP to invest EUR 31 million in smart grids by 2022
Power utility Hrvatska Elektroprivreda (HEP) will invest almost HRK 230 million (EUR 31 million) into smart grids, in what will include introducing a HRK 177 million (EUR 24 million) smart grids pilot system into five out of the total of 21 HEP Distribution system operator (DSo) distribution areas – Zagreb, Split, Osijek, Zadar, and Dubrovnik, […]
HEP signs construction deal for Zagreb CCPP as it secures EUR 130 million in lending from EBRD, EIB
Power utility Hrvatska Elektroprivreda’s (HEP) project to build a new gas-fired combined-cycle gas-turbine plant to replace old and worn-out units at the EL-TO Zagreb combined heat and power (CHP) site will be backed with a total of EUR 130 million in lending from the European Bank for Reconstruction and Development (EBRD) and the European Investment […]
Green Action sues ministry for giving green light for HES Kosinj hydropower complex
Croatia’s civil society organization Green Action has filed a lawsuit with the Administrative Court in Rijeka against the positive environmental impact assessment of the Environmental Protection and Energy Ministry for the HES Kosinj hydropower complex. In mid-June, Croatia’s state power utility (HEP) received approval from the Ministry of Environmental Protection and Energy for the construction […]
HEP to build Croatia’s largest solar plant to date on Cres island
The Primorsko-Goranska county, the Monastery of St. Frane – Cres and power utility Hrvatska Elektroprivreda (HEP) have signed an agreement on cooperation on the Orlec Trinket solar power plant project on the Cres island, in what would be the largest solar power plant in Croatia. The largest solar park in Croatia currently has an installed […]
HEP gets green light to build HES Kosinj hydropower complex as part of EUR 500 million project
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) has been given a go-ahead by the Environmental Protection and Energy Ministry for a project to build the HES Kosinj hydropower complex, and it plans to launch preparatory works in 2019, local media have reported. The HES Kosinj project envisages the construction of a reservoir with three dams, […]
HEP to pour EUR 29.6 million into state budget from 2017 profit
Croatia’s state power utility, Hrvatska Elektroprivreda (HEP), will transfer HRK 218.4 million (about EUR 29.6 million) out of its 2017 net profit into the state coffers, in line with a requirement for strategic enterprises to set aside 60% of their profits for the state budget, local media reported, citing a decision from last week’s HEP shareholder […]
Germany’s RWE eyes solar project in Croatia through JV with HEP
Croatia’s state power utility Hrvatska Elektroprivreda (HEP) expects to launch works on the Kosinj hydropower plant by the end of 2018, while it plans a wind and a solar project in 2019, HEP board member Petar Sprčić has told a conference in Zagreb, noting that he cannot reveal the names of the projects in question. […]