Croatian solar price structure

How much solar power does Croatia have?

The electricity generated from solar power accounts in average for 5% in the European Union and only 0.4% in Croatia. To reach the EU average, Croatia would need to add an additional 700 MW to its currently installed 100 MW of solar plant capacity. In 2020, the Croatian government introduced a financing model for renewable resources.

What is the solar power market outlook in Croatia?

In the report, Western Balkans Solar Photovoltaic (PV) Power Market Outlook: 2021 ÷ 2030 is included information about the recent solar projects in Croatia that are and would play a key role in expanding the solar power market in the country in the next few years.

Does Croatia need a solar energy strategy?

Croatia has one of the lowest photovoltaic capacity per inhabitant in Europe (15.6 Wp in 2020). The country will need strong support from local and international partners to develop its solar power sector and to decarbonize the economy. Croatia’s energy strategy in the foreseeable future

Will Croatian solar photovoltaic market grow by 2030?

Croatian solar photovoltaic market size is still insignificant. However, it has already attracted the interest of reputable domestic and international market players in recent years, and our forecast for its development by 2030 is optimistic.

Is solar irradiation a viable energy source in Croatia?

The abundance of solar irradiation in Croatia shall enable photovoltaic energy to become an increasingly cost-competitive power generation source and attract new investments. Croatian solar resource potential Energy Institute Hrvoje Pozar initiated several solar radiation measurements projects in Croatia.

What is the financing model for renewable resources in Croatia?

In 2020, the Croatian government introduced a financing model for renewable resources. The government is paying to electricity producers a variable premium calculated as a difference between their production cost and the market price. Once the market price exceeds the production cost, the premium pay will be abolished.