Croatia Power market overview

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4.2 Croatia Main findings Wind energy in Croatia J Wind energy has grown rapidly in Croatia since 2004. A 35% renewables target in electricity consumption by 2020 and a 4.7 GW project pipeline are promising indicators of further growth. L The use of locally sourced components can increase the feed-in tariff by up to 15%. These provisions could be challenged once Croatia joins the EU in July 2013. Supply chain J There is a significant local supply chain covering wind farm development, construction and turbine components.

Finance J With a 14 year guaranteed feed-in tariff, access to finance is not problematic. Regulatory framework L Obtaining permits is lengthy and bureaucratic, taking three to four years on average. Opportunities and challenges J The TSO limits wind energy capacity to 400MW, but plans to upgrade the system should free up more capacity by 2014.

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