Politics

Croatia Preparing Plan For Development Of Its Geothermal Potential

By 31 March 2022
Croatia Preparing Plan For Development Of Its Geothermal Potential
Image: Pixabay

ZAGREB, 31 March 2022 - Economy Ministry State Secretary Nataša Mikuš Žigman said on Thursday that work was underway to draft a plan for the development of Croatia's geothermal potential.

Speaking at a government session, Mikuš Žigman said that in line with the National Recovery and Resilience Plan, the Hydrocarbon Agency would be entrusted with implementing six geothermal energy projects, for which HRK 225 million (€30 million) is envisaged.

A total of €25 million is planned to be used from the Operational Programme Competitiveness and Cohesion for the use of geothermal energy for heating.

Mikuš Žigman said that the government supported all activities to increase the life span of the joint Croatian-Slovenian nuclear power plant Krško until 2040 and that it also supported the use of nuclear energy to help decarbonise the economy.

Excise taxes on natural gas and electricity are at the minimum level prescribed by the Council directive on the taxation of energy products and electricity and the Excise Tax Act prescribes exemptions for energy products and electricity for the industrial sector, she said.

Also, the excise tax on blue-dyed diesel for the agricultural sector has been set at zero, and the government has adopted a regulation lowering excise taxes on unleaded motor gasoline and diesel.

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