Newsletter June 6th
WE HIGHLIGHT:
Croatia can get all its electricity from renewable sources as early as 2030.
Greenpeace’s study “100 percent renewable by 2030 – A plan for the green transition of the Croatian electricity sector” was presented on Thursday, World Environment Day, and was prepared by an expert team led by Goran Krajačić from the Faculty of Mechanical Engineering and Naval Architecture in Zagreb. The study shows that the ambitious goal of Croatia obtaining all its electricity from renewable sources by 2030 is very much achievable, primarily by turning to solar and wind energy and investing in the transmission network. This would increase the share of solar power plants to 5 GW, and wind power plants to a total of 4.2 GW. Examples from the region show that it is possible to install even larger capacities for generating electricity from renewable sources than those proposed by the new study for Croatia. In the last five years, as many as 7 GW of solar power plants have been installed in Greece, and 5.5 GW in Hungary… Read more
Incentives for home solar power plants available from today via the e-FZOEU system
The Environmental Protection and Energy Efficiency Fund will open a public call for co-financing of home photovoltaic power plants from 6 June 2025 at 9 am. Citizens will be able to submit a request for a refund of part of the funds invested in solar power plants on family homes via the e-FZOEU information system. The Fund will co-finance up to 50 percent of the total investment, or a maximum of 600 euros per kilowatt (kW) of the system’s nominal power. 10 million euros have been provided for this measure, and in the event of significant interest, the Fund plans to provide additional funds. In the last two years, thanks to the Fund’s incentives, around 5,600 home solar power plants have been installed on family homes in Croatia. Another 2,500 new systems are expected to be commissioned in 2025… Read more
Networks have not been invested in for decades, urgent action is needed
Do you remember when the Spanish and Portuguese power systems went down two months ago, and when the Croatian power system went down a year ago? Experts, analysts and influencers were very vocal in wanting to explain to us that the blame lies in the too rapid transition to a low-carbon economy. On the contrary, when the North Macedonian power system went down two weeks ago, there was silence. Renewable energy sources, often variable, dependent on weather conditions, insufficient frequencies for the system are not the core of the problem. The main challenges lie in the insufficient and outdated infrastructure, not renovated for several decades, which is increasingly struggling to withstand new energy challenges. Although the whole of Europe is facing such challenges, the reduction of grid operators in our country has further limited the ability of HOPS and HEP-ODS to invest… Read more
IEA: Global energy investment to reach record $3.3 trillion this year
Global energy investment is expected to reach a record $3.3 trillion this year, driven by increased investment in clean energy development. The figures are set to rise despite economic uncertainty and geopolitical tensions, the International Energy Agency (IEA) said on Thursday. Clean energy technologies, which include renewables, nuclear power and energy storage, are expected to attract about $2.2 trillion in investment, or double the amount expected to be spent on fossil fuel development, the IEA said in its annual report World Energy Investment 2025. China continues to be the largest global investor in energy, with solar panels the most popular technologies attracting investment, the report said. Read more
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