Croatia Adopts Key Laws to Modernize the Energy Sector

The Croatian Parliament has held a significant session during which key legislative acts were adopted, marking an important step forward in the modernization of the energy sector, consumer protection, and the strengthening of the country’s energy independence. These include the Act on Amendments to the Thermal Energy Market Act, as well as two laws approving state guarantee agreements for the financing of the Korlat Solar Power Plant.

Thermal Energy Market Reform: Clearer and Fairer Rules for Consumers

The amendments to the Thermal Energy Market Act enable consumers to pay for heating based on actual consumption, bringing greater transparency and fairness. Residents of multi-apartment buildings now receive protections similar to those enjoyed by gas system users, while the abolition of the mandatory installation of heat cost allocators opens the door to simpler and more accessible solutions.

Additionally, the amendments strengthen the role of local communities in developing efficient heating systems, particularly in areas with potential for renewable energy use, such as geothermal energy. The law is aligned with European regulations that promote energy efficiency and sustainable development.

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State Guarantees for the Korlat Solar Power Plant

Regarding the construction of the Korlat Solar Power Plant near Benkovac, with an installed capacity of 99 megawatts, the Parliament passed two laws confirming agreements on state guarantees. The first law approves the Payment Guarantee Agreement between the Republic of Croatia and the European Investment Bank (EIB), while the second confirms the Guarantee Agreement with the European Bank for Reconstruction and Development (EBRD).

The Korlat project, with a total value of 62 million euros, is financed through two credit lines: 30.38 million euros via the EIB and 31.62 million euros via the EBRD. Both agreements include state guarantees covering 80 percent of the obligations, and the project does not require additional funds from the state budget, according to the Croatian Ministry of Economy.

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