IntelliNews - Croatia Renewable Energy Report

The IntelliNews Croatia Renewable Energy Report offers an extensive summary of the renewable energy market in Croatia segmented into wind, solar, biomass, hydropower and geothermal energy. It includes a complete coverage of the latest developments and corporate and industry news, accompanied by thorough statistics and comments. This sector report is ideal to keep you abreast on recent company and industry news. Written by local professionals, it is a unique market and business intelligence analysis, tailored to save time by providing in-depth information, while helping you to make confident and informed business decisions.

Summary

Countries in central and south-eastern Europe are continuing to pursue their strategy to boost the share of energy from renewable sources in overall consumption as a way to diversify their power mixes and reduce dependence on fossil fuels. So far, geographic and weather specifics have been the main factors that determine the sectors that have priority for each individual state.

Croatia, which will become an EU member state in July 2013, has vowed to boost the share of renewable energy to 35% by 2020 in line with EU targets. Investments in the sector are expected to soar to EUR 3bn over the period as the country is focusing mainly on the development of hydropower, wind and biomass energy projects. http://www.bharatbook.com/market-research-reports/alternative-sources-market-research-report/intellinews-croatia-renewable-energy-report.html

The main obstacle for RES investors in Croatia is the large number of permits that their projects need to obtain before going on stream. More than 520 renewable and co-generation energy projects are carried out in the country at present. The deployment of wind power enjoys a considerable interest with companies from Denmark, Spain and Germany revealing intentions to build some 200 wind parks in the country in the next few years. Industry Analysis

Although Croatia’s seaside regions, especially in the south, hide promising solar energy potential, complex administrative procedures hamper the development of the sector.

Some 40% of Croatia’s power output comes from 25 big hydropower stations. The government is willing to expand the potential of small hydropower plants too, and has estimated there is a potential for building new small plants of combined 180MW capacity.

Croatia also estimated it could utilize the construction of some 40 biomass power plants, especially in the eastern and central areas, that would produce electricity and heat. Several investors already announced plans to build such plants in the country’s north.

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IntelliNews - Croatia Renewable Energy Report

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