/16th February 2016, RENEWABLE MARKET WATCHTM/ Wind power capacity of Croatia according EWEA's paper "Wind in power: 2015 European statistics" has grown with 22 % YoY turning the country in fast growing wind market among SEE countries. Croatia added 76.2 megawatts (MW) of new wind energy capacity during 2015.
The Government of Croatia has adopted a strategy involving investments of €15 bn in the energy sector by 2020. The strategy aims to reduce the country's dependence on other countries and to diversify its supplies. The strategy is based on an average energy consumption growth of 3,1%/year until 2020.
The Energy Law passed in 2001 (and its amendments in 2004 and 2007) regulates measures to ensure a secure and reliable energy supply, efficient power generation and its use, the enforcement of regulations in the energy sector, and regulates carrying out of energy activities based on market principles or pursuant to public service obligation, and other key issues relevant for the energy sector.
The law foresees the development of an Energy Strategy to be passed by the Parliament for a period of ten years. Croatia adopted a new Energy Development Strategy for the period up to 2020 in October 2009. On the basis of the Energy Strategy, National Energy Programs are developed. Further, a fund for the financing of the National Energy Programs has to be established. A special section of the Energy Law deals with Energy Efficiency and Renewable Energy Sources, providing for Energy Efficiency Programs.
Wind power market in Croatia is developing rapidly and significant growth has been posted between 2012 and 2015.
More information about Croatian wind power market you may read here: Western Balkans Wind Power Market: Outlook 2016÷2025