engleski

Croatian wind power market

In the period from 2010 to 2016, wind power production in Croatia increased by 15 times, one of the reasons being high state financial incentives. Investments in wind farms have proven to be profitable and involving minimal risk, and credit institutions have consequently financed between 85 and 90% of total assets (projects). The main aim of this paper is to analyse the wind power production market and to assess the financial position of companies engaged in this activity. Bearing in mind frequent electricity shortages in Croatia, the question has been raised as to why the state does not further liberalize this sector and open it for new market participants, and why the public energy company HEP does not engage in this attractive business.

Wind power market ; Croatia

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