Croatia

Croatia: Zagreb public institutions switch natural gas supplier to MET Croatia Energy Trade

Gradska plinara Zagreb-Opskrba (GPZO) will no longer supply natural gas to public institutions in Zagreb, marking another setback after losing its position as the primary household gas supplier last year. Following an extensive evaluation of bids for a public procurement contract valued at 14.5 million euros, a new supplier has been chosen. The contract was […]

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Croatia: HEP upgrades submarine cable network to secure power supply for islands

Electricity distribution operator HEP ODS has completed the installation of a new 20 kV submarine cable connecting Tribunj on the mainland with the islands of Logorun and Kaprije. Spanning 8,150 meters, the cable strengthens energy security for Kaprije and finalizes an electric ring supplying the Šibenik archipelago. Similar installations were carried out in June on

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Croatia: Electricity and hydrocarbon production rises in April 2025

According to short-term energy statistics from the Croatian Bureau of Statistics, net electricity production in Croatia in April 2025 reached 1,209 GWh, marking a 9% increase from the 1,109 GWh produced in April 2024. Hydroelectric power remained the leading production source, generating 537 GWh, or 44.4% of total output. Thermal power plants produced 209 GWh,

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Croatia: INA reports 2024 net profit of 156 million euros and approves 120 million euro dividend distribution

Croatian oil company INA presented its consolidated and unconsolidated financial reports for 2024 at this week’s General Assembly meeting, alongside the independent auditor’s report. In 2024, INA reported a net profit of just over 156 million euros. From this amount, about 7.8 million euros will be placed into statutory reserves. The company plans to distribute

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Croatia adds 10 MW Dugopolje solar power plant to national grid

Croatia’s electricity network has been strengthened by the addition of the Dugopolje solar power plant, which has a capacity of 10 MW. The project marks another milestone in the country’s ongoing expansion of renewable energy. The solar facility was developed by Koncar, with state-owned HEP Proizvodnja serving as the investor. The entire project was implemented

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Croatia at risk of summer blackouts amid aging grid and renewable surge

Experts are warning that Croatia could face a repeat of the major electricity network failure that occurred during the summer of 2024. That blackout, which originated in Montenegro and quickly spread into Croatia, revealed serious weaknesses in the national energy infrastructure. With the summer months approaching, similar conditions—such as peak electricity demand, outdated transmission lines,

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Croatia: Geothermal project halted after investor bankruptcy and license revocation

The Slatina 3 geothermal drilling project in Croatia has been abandoned following the bankruptcy of EES Dravacel, the company holding the exploration license. The project, backed by British firm Cindrigo, collapsed despite an investment of around 4 million euros, due to a lack of a viable business plan and financial instability. Verko Kutleša, the bankruptcy

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