HROTE, ENERGOVIA and CROPEX announced guarantees of origin (GO) auctions which will be held on 25 October. GOs from wind and hydro will be sold at two separate auctions.
HROTE will sell a total of 173,605 guarantees of origin for the electricity produced from the Incentive System on CROPEX’s IT trading platform – guarantees of origin auction for GOs from the wind power plants with commissioning dates from July 2014 to May 2020 (electricity produced in July, August and September 2023).
ENERGOVIA will sell a total of 1,762 guarantees of origin from the Pavlikeni hydropower plant – auction for guarantees of origin from a small hydropower plant with the commissioning date on 11 March 2015 (electricity produced from January 2023 to September 2023).
Croatia: CROSCO signed a 3.5 million euro contract for geothermal exploration.
CROSCO, an integrated onshore and offshore drilling and well services contractor, a subsidiary of oil company INA, signed a deal worth 3.5 million euros for the construction of a geothermal water exploratory well, Korenovo GT-1, near Bjelovar.
The mayor of Bjelovar, Dario Hrebak, said that the deal is part of a pilot project introducing geothermal water as a source of district heating in Bjelovar. According to him, it is expected to find water at a depth of up to 1,500 meters with a temperature of 70-80 degrees Celsius which is planned to be used to heat the business zone Veliko Korenovo.
Work on the well will start in November and is expected to be completed in the spring of 2024. Additional five to six geothermal wells are expected to be developed on the territory of the town to provide heating to residential buildings and public institutions.
