The Croatian Energy Market Operator HROTE has announced the final results of the renewable energy auction launched in April.
The procurement exercise was the second round of auctions since Croatia introduced market premiums to support renewable energy projects in 2020. It was open to solar, wind, and hydropower projects and was expected to allocate 607 MW of capacity.
The HROTE allocated 413.5 MW of solar capacity and 4.5 MW of hydropower capacity in the second round. No wind power project was selected.
The authorities reviewed 144 projects totaling 713 MW for the auction.
The final average price for the PV technology came in at 0.056 euros/kWh, while the average price for hydropower was 0.158 euros/kWh.
The tender was carried out in two phases. One awarded market premium for projects with installed capacities of more than 1 MW each, including 350 MW of solar, 60 MW of wind, and 7.25 MW of hydropower. The maximum reference values for premiums were €0.067/kWh for photovoltaics, €0.75/kWh for wind, and €0.158/kWh for hydropower.
The other part of the procedure awarded premiums for solar projects with capacities ranging from 200 kW to 6 MW, and wind farms with capacities from 200 kW to 18 MW. The quota was 100 MW for solar and 90 MW for wind.
