Power Transmission Overhaul in Croatia: EUR 99.5M Grant Approved

Croatia has been awarded a €99.5 million grant by the European Union to modernize its power transmission infrastructure. This investment is part of the EU's broader push to enhance energy security and support the transition to renewable energy sources.

The grant will fund significant upgrades to the country's aging grid system, improving efficiency, reliability, and capacity to integrate renewable energy. HOPS, Croatia's state-owned electricity transmission system operator, will oversee the implementation of the project.

Speaking on the development, Petar Å iljeg, Croatia's Minister of Economy and Sustainable Development, stated that this funding "marks a crucial step toward meeting our national and EU climate goals."

The overhaul includes advanced monitoring systems, grid digitalization, and enhanced cross-border electricity exchange capabilities. These upgrades are expected to reduce energy losses, lower costs, and contribute to Croatia's goal of becoming a regional energy hub.

The initiative aligns with the EU's Green Deal objectives, reinforcing its commitment to achieving carbon neutrality by 2050.