Blog Viewer

Croatia launches new bid round for four geothermal exploration licenses

By District Energy posted 06-04-2020 10:26


Think GeoEnergy


In an announcement today, the Croatian Hydrocarbon Agency announced a new bid round for the exploration of geothermal waters for energy purposes.  Four exploration blocks are in geographical area of the Drava valley in which a significant geothermal potential has already been proven.

Investors were thus offered the exploration areas Ernestinovo, Lunjkovec-Kutnjak, Legrad-1 and Merhatovec with a total area of ??207 km2.It should be noted that the temperature at all locations exceeds 100 degrees C, which is the minimum temperature required for electricity generation, while the total potential of all locations is around 50 MW of electricity power.

The potential of exploration areas has been identified in earlier wells drilled for oil and gas exploration and production, which now greatly reduces the risk and costs to future investors.

In addition to electricity, geothermal energy has great potential in district heating, where future investors, in cooperation with the local community, have the opportunity to cascade production – from electricity, district heating to agriculture where geothermal water is used to heat greenhouses.

Commenting on the opening of new bid round, the President of Croatian Hydrocarbon Agency Marijan Krpan pointed out that geothermal energy is a symbolic transition from fossil to renewable energy sources because it uses the knowledge and experience gained in the exploitation of hydrocarbon.

Continue Reading