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Monday, December 23, 2024

Croatia points permits for 5 geothermal exploration areas



Fields at Mala Subotica village in Medimurje County, Croatia (supply: Silverije, CC BY-SA 3.0, by way of Wikimedia Commons)

5 geothermal exploration licenses have been granted by the Croatian authorities following a public tender that ran till June 2023.

The Ministry of Economics and Sustainable Growth of Croatia has issued permits for the exploration of geothermal waters in 5 pre-identified areas. The permits have been granted to 3 corporations as follows:

No bids have been acquired for the “Ferdinandovac” space, so the bidding for the location was canceled. The official outcomes of the tender and the issued permits may be accessed on the Ministry of Economics and Sustainable Growth web site.

The tender for the six geothermal exploration blocks was administered by the Croatian Hydrocarbon Company (AZU) and ran from December 2022 to June 2023. The Ministry of Economic system and Sustainable Growth is the holder, and the Hydrocarbons Company is the operational physique that performed the tender.

Geothermal exploration blocks being provided in Croatia (supply: AZU)

The tender acquired 16 gives from 11 totally different bidders for 5 of the six provided analysis areas. Along with famend home corporations, the bidders included numerous international and European corporations with wealthy expertise in growing geothermal vitality initiatives.

The full works embody the development of 21 geothermal wells , and the worth of the provided exploration works is EUR 191.7 million. The full worth of investments within the case of optimistic analysis outcomes and established potential, in addition to mission realization in its entirety, quantities to over EUR 400 million.

Supply: AZU



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