Green certificates for two HEP hydropower plants
Croatian energy regulatory body (HERA), assigned green certificate to two hydropower plants of Croatian state-owned power utility (HEP) earlier this month. The green certificates provide them with a status of privileged producer of electricity from renewable energy sources. However, these two hydropower plants, HPP Orlova and HPP Dubrava, even with green certificate, are not be entitled to receive […]
Hydropower potential Croatia’s best chance for more energy independence
Hydropower potential is Croatia’s best chance for more energy independence, concluded the participants of the 4. Energy Investment Forum 2017, which was organized in Zagreb by Poslovni dnevnik. The country currently imports around 30 percent of electricity consumed. “Hydro potential is our biggest potential with KN 3 billion investment cycle (EUR 403,8 million),” said Perica […]
Power production and distribution companies in the Balkan region – governments still in charge
By Vladimir Spasić, energy journalist and analyst It is not just that the governments in the Balkan region do not consider selling their power utilities, but they covet buying what they sold twenty years ago, or at least buying from their neighbors. This can be illustrated by the announcement of Serbian power utility Eletkroprivreda Srbije (EPS) […]
SINCRO.GRID project to secure regional electricity supply
Four Slovenian and Croatian transmission and distribution system operators (TSOs and DSOs) are implementing the SINCRO.GRID project aimed to secure regional electricity supply. The SINCRO.GRID project implements an innovative cross-border approach with the aim to solve short-term operational security issues impacting Slovenia, Croatia and the whole South-Eastern Europe (SEE) region. A key aspect of the […]
First ELEN charger for electric vehicles installed in Rijeka
Croatian national energy company Hrvatska elektroprivreda (HEP) installed the first ELEN charger for electric vehicles in the city of Rijeka. It allows simultaneous charging of two cars, and the charging time is between one and four hours. Using the ELEN charger in Rijeka is free of charge, but requires RFID identification card, which owners of […]
Electricity suppliers in Croatia demand market prices
Electricity suppliers in Croatia demand from the Government to ensure the purchase of electricity from renewable sources at market prices. Gathered together to criticize the amendments to the law that will provide higher incentives for renewable energy producers, the electricity suppliers have warned that such an energy policy could destroy the market and increase the […]
Croatian HEP wins auction for transfer of electricity from renewables in Slovenia
Croatian state-owned utility company Hrvatska elektropivreda d.d. (HEP) has won the auction in Slovenia for the transfer of electricity from renewables for the entire ECO Group during 2017. HEP will be licensed to transfer all the electricity generated in the power plants that are part of the ECO Group system during the course of 2017. […]
HEP books rise in profit in six months through June
Unaudited financial reports for the first half of the year showed Croatian government-owned power utility HEP Group’s unconsolidated net profit climbed to HRK 1.22 billion (EUR 163 million) from EUR 126 million in the equivalent period of 2015, due to higher financial income and lower operating expenses. Investments jumped 72.5% to EUR 23.3 million. They […]