Croatia first grid-scale battery storage and virtual power plant
EBRD invests €16.8m in Croatia''s first large-scale battery storage and virtual power plant – its first equity stake in standalone merchant Battery Energy Storage System
SARAJEVO, Feb 16 (Reuters) - The Croatian government has prepared a 4.8 billion kuna ($725 million) package designed to offset the impact of rising energy prices on households, businesses and socially vulnerable groups, Prime Minister Andrej Plenkovic said on Wednesday.
In conclusion, Croatia's electricity market is characterized by a balanced mix of hydroelectric power, fossil fuels, and growing renewable sources. Being part of the EU electricity market and its connections with neighboring countries are vital for its energy strategy.
Croatia's energy sector is diverse, drawing from various sources to meet its electricity needs. The main source of energy in the country is hydroelectric power, which plays a pivotal role in its energy landscape. Significant investments have been made in hydroelectric facilities, capitalizing on the country's abundant water resources.
This focus on hydroelectric power reflects Croatia's commitment to sustainable energy practices and environmental conservation. Despite the dominance of hydroelectricity, fossil fuels, particularly coal and natural gas, also contribute substantially to Croatia's energy mix.
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