Renewables’ capacity in Croatia projected at 1.9 GW for 2030
Analysts have calculated that the share of 36.4% in gross final energy consumption, targeted in Croatia’s strategy for the next decade for renewable sources, is equivalent to 1.9 GW. GlobalData said in its report that the projected level doesn’t include small hydropower. Authors updated the outlook and attributed the surge in green energy’s stake mostly […]
CROPEX sells 166,779 guarantees of origin in third auction
Croatian power exchange CROPEX has sold 166,779 guarantees of origin (GO) through the IT trading platform, in its third auction of GOs, according to a press release from CROPEX. “In the third guarantees of origin auction for electricity from incentivized producers (Q3/2019) held on October 18, a total of 166,779 GOs was sold at a […]
Energy transition – A challenge with no historical precedence (part one)
Author: Goran Granić, director of Energy Institute Hrvoje Požar The energy sectors of all countries are facing a great challenge, a transition amid continuous reduction in CO2 emissions, which is a challenge with no historical precedence and which involves all participants in the technological chain of energy management, all citizens, and all economic entities. At […]
Consultant sought to help launch renewable energy auctions in Kosovo*
The European Bank for Reconstruction and Development (EBRD) has invited expressions of interest in providing it with consultancy services in order to support the Government of Kosovo* in developing and implementing a competitive scheme for the award of future support to renewable energy generators. The EBRD previously engaged with the Kosovo* authorities on the development […]
Energy Vault – energy storage made of concrete blocks and cranes
Concrete blocks and cranes that is all that you need to store electricity. How? Simple. The crane uses excess energy from renewables to lift concrete blocks, and when the power is required, the crane lifts blocks, and the generator produces it. The process is similar to a pumped-storage hydropower plant (HPP), with water substituted with […]
CROPEX sells 263,889 guarantees of origin in first auction
Croatian power exchange CROPEX has held its first auction of guarantees of origin (GO) through the IT auction trading platform, selling 263,889 GOs, CROPEX said in a press release. “The first guarantees of origin auction for electricity from incentivized producers (Q1/2019) was successfully held by CROPEX, selling a total of 263,889 GOs at a price […]
Croatia: from incentives to premiums until renewable energy target is reached
Author: Maja Pokrovac, Managing Director at Renewable Energy Sources of Croatia (RES Croatia)* With its 36.4% renewable energy target, set under its National Energy and Climate Plan (NECP), Croatia is one of the most ambitious EU member states. This sends a clear signal to investors that the country seeks to fully utilize its natural renewable […]
Wind dominates Top 3 Most Read list for July
The news that Croatia’s state-owned power utility Hrvatska Elektroprivreda (HEP Group) is going ahead with its first wind farm was number-one on our English-language Top 3 Most Read list for July. The Top 3 Most Read list for July is also available for our portal’s Serbian/local language version. 1 – Nordex Group to supply turbines […]