Croatia is eyeing geothermal energy as a major source of sustainable power and has just closed an auction for six productive exploration sites to interested bidders. Marijan Krpan, the head of the Croatian Hydrocarbon Agency’s (CHA) managing board, said that the Pannonian area has perfect conditions for development of geothermal business, with geothermal gradients 60% higher than the European average. CHA has identified six exploration geothermal blocks in the vicinity of as many towns and will start drilling next year to connect district heating on two geothermal wells.
The European Bank for Reconstruction and Development (EBRD) said it would be interested in exploring financing geothermal projects in Croatia once there are bankable projects in the sector. CHA has identified six exploration geothermal blocks in the vicinity of as many towns and will start drilling next year to connect district heating on two geothermal wells.
CHA has identified around 200 wells originally drilled for oil and gas exploration, as well as 75 areas suitable for district heating or power generation development.
Croatia, which imports up to 40% of its energy needs, aims to produce 60% of electricity from renewable sources by 2030.
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Croatia Assesses Geothermal Energy Source
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