Croatian energy market operator HROTE has launched a public tender for the award of market premiums for enticing electricity generation from renewable energy sources and high-efficiency cogeneration.
The quota for new projects at the tender is 648 MW and it is open until 4 July.
The highest quotas (300 MW each) are reserved for two groups: solar projects with installed capacity higher than 500 kW and wind projects with installed capacity higher than 3 MW. The quota of 4 MW is reserved for small hydropower plant projects with installed capacity higher than 500 kW, the quota of 8 MW for biomass power plants with installed capacity between 500 kW and 5 MW and the quota of 16 MW for biogas power plants with installed capacity between 500 kW and 2 MW.
The quota of 10 MW is reserved for geothermal projects with installed capacity higher than 500 kW, with another 10 MW reserved for energy projects using innovative technologies.
HROTE will sign a 12-year market premium agreement with investors whose projects will be evaluated as winning, starting from the day of acquiring the right for market premium payment.
Investors will have an obligation to complete the power plant within four years from the day of concluding market premium agreement.
Given that the approved quota for new RES projects is 2,010 MW, HROTE is planning to hold several similar tender throughout 2022 and 2023.
