Home » Croatia Grants 30 mln Euro for Geothermal Exploration
Croatia Featured Global News News

Croatia Grants 30 mln Euro for Geothermal Exploration

Croatia will allocate a 30 million euro ($32 million) grant to the national hydrocarbon agency to help it research the viability of geothermal energy for heating in six towns in the northern part of the country.

The project will receive funding through the European Union-backed Recovery and Resilience Facility (RRF), the ministry of economy said in a press release.

You can download the 2023 Renewable energy in Southeast Europe report here

The project will be carried out in six locations with established geothermal potential: Zapresic, Sisak, Velika Gorica, Osijek, Vinkovci, and Vukovar. These locations already have existing public heating systems in place.

The project also provides opportunities for agricultural applications, economy minister Davor Filipovic said.

Following a tender for geothermal water exploration, the government advances with initiatives to harness renewable energy sources, increase domestic energy production, and reduce reliance on foreign energy sources, Filipovic added.

RRF is a key part of the NextGenerationEU recovery plan, designed to aid EU member states in economic recovery from the coronavirus pandemic and help them invest in green energy and digitalisation.

($ = 0.941 euro)

Source : SeeNews

Translate