The Croatian electricity and gas regulator HROTE has issued a public call for tenders to encourage the production of electricity from rewnable enery sources (RES) through a market premium system.
Concretely, HROTE will pay a market premium, for example the difference between the contracted price and the market price of electricity. The total quota for new projects is 630 megawatts (MW), which is about 60 per cent of the current portfolio in the incentive system run by HROTE.
The public call is aimed to support solar power plants, hydroelectric power plants, wind farms biomass, biogas and geothermal power plants. And the public tender will be open exclusively for new projects, regarding the technology, for 300 MW of wind and solar, 8 MW each for biomass and biogas, 4 MW for small hydroelectric power plants and 10 MW for geothermal power plants.
RES projects using innovative technologies whose development is financed by EU funds for innovation project may also participate in accordance with the prescribed conditions.
The production plant should be built in 4 years, when the project developer should pass the trial period of connection and obtain the status of a eligible producer. If all quotas from this public call are fulfilled and the plants are realised, Croatia would hereby have about 1.5 terawatt-hours (TWh) per year of new renewable energy.