This paper analyses potential supporting schemes for pumped hydro storage (PHS) facilities in Croatia, which would guarantee recovery of the investment cost, with feed-in tariffs – for instance – which would guarantee payment for discharging wind-originated power as a reward for boosting the integration of renewable energy sources
READ MOREThis guaranteed a return period of 5-6 years to Plinacro on its investment. In the same agreement, Croatia had also undertaken to take over Prirodni Plin, INA''s gas trading company. INA has indeed leased back the gas storage facility and among other things MOL agreed to extend the deadline for the takeover of the gas trading business.
READ MOREDownloadable (with restrictions)! In order to reduce carbon emissions, great efforts are required to optimise the processes and solve the main technical and economic problems which currently limit a large-scale diffusion of CCS (carbon capture and storage) technologies. In this paper, the main results of a techno-economic comparison between
READ MOREEuractiv is part of the Trust Project >>>. The EU Investment Bank will finance and support projects to construct storage facilities for renewable energy, the Global Relationship Manager in Croatia
READ MOREThe European Investment Bank will expand its activities in Croatia to include solar power plants, country head Anton Kovačev said. It already finances
READ MOREThe increasing demand for energy all around the world has led to a rise in greenhouse gases (GHGs), of which carbon dioxide (CO 2) is the most important. CO 2 is largely responsible for global warming and climate change. Processes such as carbon dioxide capture and storage (CCS), which have an effective role in climate mitigation,
READ MOREdynamic thermal rating system, a battery electricity storage system, as well as a virtual cross-border control centre. Given that Croatia is not an energy island, but imports about 60-65% of gas and about 30% of electricity, it is clear that Croatia is very exposed to trends in the international market, so commodity prices
READ MOREInvestment in battery energy storage is hitting new highs and is expected to more than double to reach almost USD 20 billion in 2022. This is led by grid-scale deployment, which represented more than 70% of total spending in 2021. The pipeline of projects is immense, with China targeting around 30 GW of non-hydro energy storage capacity by 2025
READ MOREDeveloper NGEN is deploying the largest battery energy storage systems (BESS) in Slovenia, Austria and Croatia, and wants to take its model beyond CEE too, CEO and co-founder Roman Bernard said. The Slovenia-headquartered company was recently in the news for a 20MWh project it commissioned in Austria, which is the country''s largest,
READ MOREFor the latter, smart grid, grid energy storage (Zetterberg, 2014;Kapsali and Anagnostopoulos, 2017), respectively. A study carried out about CCS investment possibility for Croatia
READ MOREStandalone battery storage projects do not qualify for an ITC in the US yet Image: Vistra Energy. Investment tax credit (ITC) incentives for energy storage have been included in the US House of Representatives'' chief tax-writing committee, along with extensions to the solar ITC and reintroduction of a solar production tax credit (PTC).
READ MOREscale renewable energy production and developing energy communities, mainly by streamlining procedures for administrative authorisation and permits. Further upgrade
READ MORECarbon capture and storage (CCS) promises to allow for low-emissions fossil-fuel-based power generation. The technology is under development; a number of technological, economic, environmental and safety issues remain to be solved.
READ MOREThe Government of Croatia has prepared EUR 60 million in subsidies for businesses to install renewable power plants and batteries. Subsidies for energy storage
READ MOREBusiness. May the 11th, 2023 – Croatia''s serial entrepreneur, referred to quite frequently as Europe''s Elon Musk, is now turning towards energy storage systems (ESS). Mate Rimac has now launched Rimac Energy, adding yet another item to his already incredibly impressive CV. As Poslovni Dnevnik/Mladen Miletic writes, the incredible Rimac
READ MORECroatia imports about 54.54% of the total energy consumed annually: 74.48% of natural gas, 78.34% of oil and petroleum products, and 100% of its solid fossil fuel needs. Croatia also co-owns the Krsko nuclear reactor in Slovenia, which is included in its energy mix as imported electricity. In order to become energy-independent and
READ MOREThis is the first-ever investment in Croatia for janom Investments, which has several climate technology assets in its portfolio across Europe. Harnessing gravity to turn supertall buildings into energy storage systems. 11 June 2024 - Energy Vault plans to deploy this innovative concept in supertall buildings around the world with Chicago
READ MOREThe turbine mode capacity of the future pumped storage hydropower plant Blaca amounts to 498 MW while its pumps would work at 489 MW at most, according to the documentation submitted by Croatia''s state-owned Hrvatska elektroprivreda – HEP Group. The facility would be located in Sinjsko polje in Dalmatia, near Split.
READ MORECroatia 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
READ MOREENERGY PROFILE Total Energy Supply (TES) 2015 2020 Non-renewable (TJ) 251 821 243 186 World Croatia Biomass potential: net primary production Indicators of renewable resource potential Croatia 0% 20% 40% 60% 80% Capacity per capita and public investments SDGs only apply to developing areas. Energy self-sufficiency has been
READ MORECroatia 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
READ MORE(6) Croatia stressed that, according to the Commission''s Study on energy storage – Contribution to the security of the electricity supply in Europe 2, the EU will need around
READ MOREThe Ministry of Economy and Sustainable Development in Croatia has issued a €60 million (US$66 million) Call for Funds which seeks projects for renewables,
READ MOREThe ministry said it expects the investments to deliver 80 MW of renewable energy capacity and 20 MWh of energy storage capacity.
READ MOREInvestments in solar power in Croatia are currently on the rise. Croatia has one of the highest amounts of solar radiation in Europe (amounting to 3.4 – 5.2 kWh/m2 per day), but one of the lowest photovoltaic capacities per capita. The improvements in this area are visible as the development of solar projects has been at
READ MOREThe European Investment Bank will expand its activities in Croatia to include solar power plants, country head Anton Kovačev said. It already finances renewable energy project in the country. Following a memorandum of understanding with Croatia''s Ministry of Economy and Sustainable Development from January, Head of the European
READ MOREA 10MW/50MWh battery energy storage system (BESS) spread across two substations in Slovenia has started a trial and testing period. The BESS projects are located at the Okroglo and Pektre substations and started their trial period this month, the company launching them announced. They are part of the SINCRO.GRID project, a
READ MORECroatia will provide some €500 million in subsidies for battery energy storage system (BESS) technology, a government minister said.
READ MOREBattery storage is the most obvious medium-term solution to help immediately stabilise the grid and act as a catalyst to help enable greater penetration of intermittent renewables generation, writes Andrew Waranch, founder, CEO and president of Spearmint Energy. business models, climate crisis, decarbonisation, developer, energy
READ MORE