First Croatian Wind Power Plant Stops Receiving State Subsidies

vjetroelektrane_pag_cx19 December 2016, VG Intelligence Weekly Issue 35

On 12 December, the Croatian Energy Market Operator (HROTE), body authorised for the organisation of electricity and gas markets as public services, announced that the first Croatian Wind Power Plant “Ravne” (Island of Pag) would stop receiving state subsidies for electricity production. Namely, the HROTE started subsidising electricity producers that use renewable sources in 2007, in order to establish the system based on producing electricity from renewable resources, and to facilitate the transition to a “green economy”. The agreement concluded between HROTE and the Ravne wind power plant expired on 10 December 2016. The wind power plant can continue to participate on the market and the Guarantees of Origin (GO) Registry, which is an electronic document that proves that a certain amount of energy produced comes from renewable source of energy…

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