electricity

HEP earns HRK 1.2 bln in net profits, invests HRK 175 mln in H1

The HEP power supplier earned net profits in the amount of HRK 1.2 billion in the first half of 2016, which is HRK 276 million more than in the same period last year, and its investments grew by...

Australia blocks Chinese bidders from leasing major electricity grid

Australia has stopped the sale of a major electricity distributor to state-owned Chinese companies on national security grounds, a senior government official said Thursday.

HRK 60.3mln spent on electricity vouchers for destitute Croatians

During the round table discussion, an international project called REACH - "Reduce Energy Use And Change Habits" -  which is being conducted in Sisak-Moslavina County, was presented.

HEP to invest HRK 3.5 bn for reconstruction of power plants

The president of the Management Board of the national electricity provider HEP, Perica Jukic, on Friday said that the company would invest HRK 3.5 billion by 2020 in the reconstruction and...

Day-ahead power market launched in Croatia

The Croatian Power Exchange (CROPEX) has launched a day-ahead electricity market in Croatia, trading 476 megawatt hours on its first day of operation on Wednesday and 358 MWh on Thursday.

HEP rejects RWE's accusations of market obstruction

Croatian state-owned power provider HEP on Tuesday rejected accusations by its rival RWE Energija that it was obstructing the liberalisation of the Croatian electricity market with the aim of...

Krsko power plant to produce around 5.3 TWh of electricity

Perharic said that he was very much satisfied with the cooperation of the Croatian and Slovenian representatives in the management of the plant.