Croatia

The coming consolidation — how M&A will reshape the wind market in Serbia, Romania, Croatia and Montenegro

Every renewable market evolves through phases. The first is exploration, where early developers identify sites and navigate uncertain regulatory environments. The second is construction, marked by EPC competition, land acquisition, and turbine supply races. The third is operational optimization, where O&M strategies, availability guarantees, and energy trading determine project success. But the fourth phase—the one […]

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Financing wind in Montenegro, Serbia, Croatia and Romania — why international lenders are returning to Southeast Europe

The landscape of renewable finance in Southeast Europe has undergone a profound transformation. A decade ago, lenders viewed the region with a degree of caution, shaped by fluctuating regulatory frameworks, limited track records, and the perceived fragility of local institutions. Today, that caution is rapidly giving way to renewed engagement. International banks, development finance institutions,

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Serbia–Romania–Croatia: The new triangular wind corridor — is Southeast Europe becoming Europe’s next Iberia?

For years, the Iberian Peninsula defined what a wind powerhouse looked like inside Europe: strong resource, open land, grid-ready corridors, competitive auctions, and the steady inflow of international capital. Investors seeking scale, yield, and policy clarity migrated naturally towards Spain and Portugal, understanding that the convergence of wind conditions and regulatory modernization made Iberia the

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Croatian businesses warn of competitiveness crisis as electricity prices rise 120% in six years

At a regional economic forum this week, speakers cautioned that Croatia’s current electricity pricing system has created a structural imbalance: households continue to enjoy relatively low electricity prices, while businesses face significantly higher costs. This disparity, they warned, is eroding the competitiveness of domestic industry and limiting its ability to invest. Over the past six

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Croatia to abolish LNG transmission discount as HERA prepares new gas tariff reform

Croatia is preparing to revise its gas transmission tariffs for the first time in four years. In accordance with the rules of the national energy regulator HERA, the state-owned transmission system operator Plinacro will be required to apply the updated fee structure to gas distributors and traders. HERA has released its proposed methodology for determining

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Croatia: Heavy reliance on electricity imports exposes deep gaps in its renewable energy strategy

Croatia imported 29.6 percent of its electricity last month, relying largely on supplies from Hungary—a country that increasingly sees Croatia as a competitor for regional influence, energy transit leadership, and strategic positioning within both NATO and the European Union. This level of dependence raises questions about why a state would place such a significant portion

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Croatia: JANAF rebuts MOL and Slovnaft allegations of supply risks

Croatian pipeline operator JANAF has issued a strong response after MOL and Slovnaft informed the European Commission’s Directorate-General for Competition that JANAF’s actions allegedly threaten the security of supply through the JANAF oil pipeline. The two companies argue that recent decisions by the Croatian operator have created operational uncertainty for their refineries in Hungary and

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Croatia: Electricity production drops 19% in September amid lower hydro output

According to short-term energy statistics published by the Croatian Bureau of Statistics, Croatia generated 834 GWh of electricity in September 2025, a decrease of 19.3 percent compared to the same month in 2024, when production reached 1,034 GWh. Of the total electricity produced in September, hydropower plants accounted for 228 GWh (27.3 percent), thermal power

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Croatia launches upgrade plan for TPP Jertovec to replace aging gas turbines

Thermal power plant Jertovec, located near Konjščina in the Hrvatsko Zagorje region, plays a key role in Croatia’s electricity system. The facility serves as a reserve power plant and provides an available capacity of 2×28 MW from gas turbine units and 2×10 MW from steam turbine units. One of its main advantages is the ability

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Croatia: CROPEX electricity trading surges 90% year-on-year in October 2025

In October 2025, a total of 1,449,339.1 MWh of electricity was traded on the Croatian power exchange CROPEX, representing a 32.9% increase compared to September and a 90.2% rise year-on-year. Of the total, 1,203,268.5 MWh was traded on the day-ahead market and 246,070.6 MWh on the intraday market. The average daily baseload price on the

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