Will Croatia build Europe's largest energy storage project?
Croatia is preparing to build Eastern Europe’s largest energy storage project. IE Energy has secured €19.8 million ($20.9 million) to develop a 50 MW storage system, potentially extendable to 110 MW by 2024.
Did Croatia get the green light for IE-energy's massive energy storage project?
Croatia got the green light from Brussels for a EUR 19.8 million grant to IE-Energy for a massive energy storage project.
Is Croatia ready for solar energy storage?
“There is immense scope for energy storage in Croatia, predominantly for battery storage.” GlobalData says that Croatia is now on target to meet its 36.4% renewable energy target by 2030. However, its recent investment in energy storage has not been accompanied by rapid solar PV development.
Will ie-energy be the biggest energy storage project in southeastern Europe?
Croatia got the green light from Brussels to give a EUR 19.8 million grant to a domestic startup for a massive energy storage project. IE-Energy is planning to build a battery system of 50 MW, which means it would be the biggest in Southeastern Europe.
How will a new energy policy affect Croatia?
Furthermore, the measure contributes to the modernisation of Croatia's energy network, as well as to increasing the country's and the EU's energy security of supply. In addition, it will accelerate the decarbonisation of the Croatian energy sector.
How will the EU aid help the Croatian energy sector?
In addition, it will accelerate the decarbonisation of the Croatian energy sector. The Commission also found that the aid is proportionate as it is limited to the minimum necessary, and that it will not have undue negative effects on competition and trade between Member States.
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Croatian Oil & Gas Company Eyeing Offshore Wind in the …
In 2018, when the Italian oil and gas company Eni announced it was leaving the upstream sector in Croatia with the sale of Eni Croatia b.v. to INA, the Croatian company became the owner and operator of the Northern Adriatic and Marica gas fields. One of the renewable energy sources INA is now also looking into is geothermal energy.
Learn More →Croatia: Electricity trading on CROPEX exchange sees …
In November 2024, a total of 930,788.3 MWh of electricity was traded on the Croatian energy exchange CROPEX, marking a 22.1% increase compared to October.Of this, 767,787.7 MWh was traded on the day-ahead market, while 163,000.6 MWh was traded on the intraday market.
Learn More →Croatia
renewable energy sources in gross final energy consumption in 2012 amounted to 16.8%72, above Croatia''s 2011/2012 interim trajectory, and is showing good progress towards its national target of 20% by 2020. 2. Regulatory framework General The Energy Law adopted in 2012 aims at incorporating the Third Energy Package into Croatian
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The wind farm produces 530 million kilowatt-hours of green electricity annually, easing energy shortages and reducing Croatia''s carbon dioxide emissions by about 460,000 tons per year.
Learn More →Croatia investing in storage amid slow solar …
IE Energy has secured €19.8 million ($20.9 million) to develop a 50 MW storage system, potentially extendable to 110 MW by 2024. IE Energy, a Croatia -based energy storage operator, is set to...
Learn More →Croatian hotel chain Valamar Riviera joins KOER virtual …
Last year, the Koromačno cement plant in Croatia joined KOER''s virtual power plant. Flavio Gregorović, technical director at Valamar, said that since 2010, the company has been investing in renewable energy sources and energy efficiency. The start of cooperation with KOER marks its foray into the electricity market, he pointed out.
Learn More →JANAF
built storage capacities in ensuring compulsory stocks of crude oil and oil products to be placed on the market in cases of emergency. 2. Company profile of JANAF Plc. JANAF Plc. is a strategically important energy company and economic entity both in Croatia and in the region, which is operating the oil pipeline as modern,
Learn More →Subsidy of 20 million euros for Croatian grid-scale battery …
The European Commission has allocated €19.8 million in the form of state aid for a number of projects for grid-scale energy storage. The subsidy was awarded to the company IE …
Learn More →Overview of energy sector in Croatia
•Croatian oil pipeline & storage company •Heating •Energy efficiency ... CROATIAN OIL PIPELINE & STORAGE COMPANY • Strategic pipeline for oil supply of South East and Central European countries and refineries (in operation from 1979) • Refineries on the route: Rijeka and Sisak (Croatia), Pančevo and Novi Sad
Learn More →ENERGY PROFILE Croatia
Primary energy trade 2016 2021 Imports (TJ) 314 088 339 234 Exports (TJ) 140 315 139 400 Net trade (TJ) - 173 773 - 199 834 Imports (% of supply) 90 96 Exports (% of production) 78 87 Energy self-sufficiency (%) 52 45 Croatia COUNTRY INDICATORS AND SDGS TOTAL ENERGY SUPPLY (TES) Total energy supply in 2021 Renewable energy supply in 2021 34% 29 ...
Learn More →Croatian Gas Producers to Report Transactions to EC In …
As Novac/Jutarnji/Vedran Marjanovic writes, the largest Croatian gas producers, traders and suppliers such as PPD, HEP-Plina, E-ON Plina and Zagrebačka plinara will soon have to report part of their gas purchases to the European Commission. This new regime follows on from the Ordinance on cooperation within the EU on the purchase of gas. The new regime …
Learn More →EBRD approves equity investment in Croatia''s IE-Energy Projekt
The European Bank for Reconstruction and Development (EBRD) said it has approved a direct equity investment of up to 16.8 million euro ($17.6 million) in favour of IE …
Learn More →Acciona Energía Secures 12-Year CfD for 189MWp Solar Plant in Croatia
Acciona Energía has secured a 12-year Contract for Difference (CfD) for its 189MWp Promina photovoltaic plant, currently under development in Sibenik-Knin, southern Croatia. The plant is slated to commence operations in 2027.The project has received the necessary permit from the Croatian energy regulator, Hrvatski Operator Trzista Energije …
Learn More →Oil & Gas Regulation 2020
storage facility PSP Okoli (UGS Okoli) [Annual Report 2018 of the Croatian Energy Regulatory Agency, page 108, available at ]. Due to the continuous decrease in domestic production, Croatia''s dependence on gas imports is expected to grow significantly in the future. In the Croatian gas and oil industry, the key market player is
Learn More →Bosnia and Herzegovina: Croatian officials discuss energy cooperation ...
Gas connection between Croatia and Bosnia and Herzegovina is of strategic importance and benefits both countries. X. Latest SEE Energy News now available in app. Serbia Energy News. Close Menu. SRB. EN. X (Twitter) LinkedIn. Thursday, April 10. ... Serbia begins expansion of Banatski Dvor gas storage facility to boost reserves and supply security;
Learn More →Vetropack Straža joins the KOER virtual power …
Vetropack Straža, Croatia, has joined the operation of the KOER virtual power plant, which will actively contribute to the stability of the Croatian energy system. This cooperation is an additional support to the system for …
Learn More →DFF
Project Description. A direct equity investment of up to €16.8 million in favour of IE-Energy Projekt d.d. (the "Company"), a joint stock company to be established for the greenfield development of an up to 60 MW battery energy storage system ("BESS") and Virtual Power Plant ("VPP") in Šibenik, Croatia.
Learn More →Croatia to earmark EUR 500 million for batteries
The Government of Croatia is preparing EUR 500 million for the installation of batteries for storing renewable energy. Minister of Economy and Sustainable Development Damir Habijan said Croatia is ready for changes in the energy sector. It is important to conduct the energy sector''s green transition, but also tackle the security of supply, he stressed.
Learn More →Croatian startup to build largest battery system …
Croatia got the green light from Brussels to give a EUR 19.8 million grant to a domestic startup for a massive energy storage project. IE-Energy is planning to build a battery system of 50 MW, which means it would …
Learn More →MSR-Electronic assures methane gas monitoring in an energy company …
HEP Group once again relies on cooperation with MSR-Electronic from Lower Bavaria ... HEP TE-TO Sisak (HEP Group) is a Croatian energy company in the Sisak Moslavina district, south of Zagreb, which has been engaged in the generation, distribution and supply of electricity for more than a century and, for the last decades, in the distribution ...
Learn More →CROATIA
Sources: Croatia''s draft National Energy & Climate Plan, Eurostat (PEC2020-2030, FEC2020-2030 indicators and renewable SHARES), COM (2018) 716 final (2017 GHG estimates) ... As no specific regional cooperation has taken place while preparing the draft NECP, it …
Learn More →Croatia''s New Solar Additions Hit 397.1 MW in 2024
Croatia installed 397.1 MW of solar in 2024.The figure is an increase on the 238.7 MW of solar that were installed in 2023. The association told that Croatia''s solar sector is currently dominated by residential and industrial-sized rooftop insta ... RES Croatia also said that the development of energy storage technologies, as well as ...
Learn More →State aid: Commission approves €19.8 million Croatian aid …
The European Commission has approved, under EU State aid rules, a €19.8 million Croatian aid measure in favour of energy storage operator IE-Energy d.o.o. (''IE-Energy''). The …
Learn More →Here are five of the top battery storage companies in ...
The American multinational corporation is one of the major players in energy storage market. The company''s Gigafactory mainly manufactures batteries and battery packs for Tesla vehicles and energy storage products. In February 2018, the Government of South Australia has partnered with Tesla to build which it claims to be the world''s largest ...
Learn More →Hrvatska Elektroprivreda
Hrvatska Elektroprivreda (HEP) is a Croatian state-owned company that specializes in the production, transmission, and distribution of electricity. Founded in 1949, HEP has been a leading player in the Croatian energy market for over seven decades, providing reliable and affordable energy to households, businesses, and industries across the country
Learn More →Rimac Energy provides innovative BESS solutions made in …
Croatian energy storage company Rimac Energy is designing, developing, and manufacturing innovative battery energy storage systems in Europe, and it not only helps local economies, but also localizes control and enables optimizing the solutions for the needs of the local market, Director Wasim Sarwar Dilow said. ...
Learn More →EUROPE CROATIA
energy efficiency and electricity interconnection. The main purpose of this strategy is to ensure energy independence, a safe and sustainable supply, as well as the development and competitiveness of the energy system, in the context of accomplishing the vision of a common energy-climate policy in Croatia and the EU.
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