HROTE: HEP CONTINUES TO LOSE MARKET SHARE (CROATIA)

Croatian power utility (HEP), a dominant electricity supplier in the country, has lost almost 15 % of the market. This was said by Ivor Zupanic, the director of Croatian Energy Market Operator (HROTE) in mid-November.

According to data from September, HEP’s subsidiaries, the HEP Supply and HEP-ODS (universal service provider), supplied 46.4 % and 39.3 % of the market, respectively.  In September, for the first time, HEP Supply’s market share was above the market share of HEP-ODS, Zupanic said.

 The market share of alternative suppliers stands at 14.3 % compared to 6.3 % in September last year. The largest alternative suppliers are Gen-I (6.1% market share), RWE Energija (4.5 %) and Proenergy (2.3 %).

 During the occasion, Zupanic said that HROTE has signed 102 power purchase contracts with renewable energy sources (RES) producers. In this moment, some 336 MW in RES power plants are in service, where the largest share is held by wind farms (297 MW) and photovoltaic plants (30.3 MW). Head of HROTE said that overall investments in RES power plants in Croatia reached some 585 million euros.

HROTE has also signed over 300 PPAs with RES power plants with planned power output of 522 MW, which are yet to be connected to the grid. The biggest share is held by wind farms (437 MW) and photovoltaic plants (25 MW).

Zupanic pointed out that, if the new projects are implemented, the amount of RES fee paid by the end customers need to be adjusted. According to him, in this moment, annual RES fee per customer stand at some 8 euros.

 

Zupanic also said that HROTE would launch power exchange very soon.



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