Croatia

Croatia becomes net electricity importer amid rising consumption and weak hydropower output

In the first quarter of 2025, Croatia’s electricity consumption rose by 5.5% to 4,893 GWh, driven by colder weather and stronger economic activity, according to the Renewable Energy Association of Croatia (OIEH). This surge turned Croatia into a net importer of electricity, with imports totaling 326 GWh, a sharp reversal from the 125 GWh exported […]

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Croatia: Krk LNG terminal expansion set to double capacity, auction for new slots scheduled

The installation of a new regasification module at the LNG terminal on the Croatian island of Krk is nearing completion, with operations expected to begin in October. This upgrade will increase the terminal’s maximum annual capacity, doubling it from 3.1 to 6.1 billion cubic meters of natural gas. An auction for the allocation of these

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Croatia: CROPEX sets new record in intraday trading for 15-minute products

The Croatian Power Exchange (CROPEX) achieved a new milestone on the intraday continuous market for the delivery day of 15 April 2025, recording its highest-ever trading volume for 15-minute products. A total of 2,305.5 MWh was traded in this product category, highlighting a significant shift toward more granular energy trading. In addition, the volume of

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Region: Bosnia and Herzegovina advances Western Gas Interconnection with Croatia

Representatives from the Government of the Federation of Bosnia and Herzegovina (FBiH), three cantons, and the Brčko District have signed a memorandum of understanding to move forward with the Western Gas Interconnection project, linking Bosnia and Herzegovina to Croatia’s natural gas network. The new pipeline will trace a route from Lika Jesenica through Rakovica and

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Croatia: Electricity production drops in February 2025 amid increased imports

According to the latest short-term energy statistics from the Croatian Bureau of Statistics, Croatia’s net electricity production in February 2025 totaled 1,185 GWh, marking a 6.8% decrease compared to 1,272 GWh produced in February 2024. Hydropower plants contributed the largest share, generating 499 GWh or 42.1% of total electricity. Thermal power plants followed with 344

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Croatia secures €125 million in grants for energy infrastructure and LNG expansion projects

Croatia has signed contracts totaling €125 million in non-refundable grants for two key energy initiatives under its National Recovery and Resilience Plan. These projects focus on the modernization and digital transformation of the national electricity transmission system, and the expansion of the liquefied natural gas (LNG) terminal on the island of Krk. The larger of

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Croatia: JANAF proposes substantial dividend payment amid strong profitability and expansion plans

The Management and Supervisory Boards of the Croatian oil transportation company JANAF have proposed a dividend payment of 28.81 euros per share to its shareholders. This follows a highly profitable year for the company, surpassing the business goals set by its management. As a result, shareholders are set to receive a substantial dividend as a

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Croatia: Challenges and opportunities for geothermal energy development in Podravina basin

Croatia, particularly the Podravina basin, is situated above a vast geothermal reservoir with significant potential for renewable energy production. However, challenges persist for investors in the geothermal energy sector, including the absence of tenders for awarding premiums and the limited planned installed capacity of future power plants. On 28 March, INA began exploratory drilling at

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