Croatia: Energy company HEP invests 98 MEUR in the development of the network

Published on 21. February 2014., SEE Energy News

The plan is to invest approximately 9 MEUR per year in the development of advanced network. Companies see their chance just in the development of advanced networks and application development, for which Croatia has a mind that can compete in export, provided that has local reference. Restrictions on acceptance of wind power in the system were highlighted at the meeting and quota is 400 MW.

Local medias reported about a meeting of representatives of 30 companies in the electrical industry, renewable energy and industrial customers with HEP and representatives of the Agency, relating to the construction plans of the power network. Ante Pavic from HEP ODS has announced that the company will invest 98 MEUR over the next three years in the development of the distribution network, of which about 9 MEUR per year in the development of advanced networks.

Companies see their chance just in the development of advanced networks and application development, for which Croatia has a mind that can compete in export, provided that has local reference. Restrictions on acceptance of wind power in the system were highlighted at the meeting and quota is 400 MW.

Source; Serbia Energy See Desk