June 23 (SeeNews) - Croatia's energy market operator HROTE said it has set July 4 as the deadline in a public tender aimed to back the production of electricity from renewable sources through market premiums for 630 MW, it said.
The public tender is exclusively for new projects - 300 MW of wind and solar, 8 MW each for biomass and biogas, 4 MW for small hydroelectric power plants and 10 MW for geothermal power plants, HROTE said in a statement on Friday.
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Market premium is an incentive system in which HROTE pays to producers the difference between the contracted price and the market price of electricity.
The total quota equals some 60% of the current portfolio in the incentive system run by HROTE, the market operator has said earlier.