May 12 (SeeNews) - Croatia's 58 MW wind farm VE Korlat will participate in the country's power market during its trial run, the country's electricity market operator, HROTE, said.
HROTE signed a temporary cooperation contract with the operator of the wind farm in the beginning of May, HROTE said in a statement earlier this month.
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VE Korlat will be the first wind farm in Croatia to participate directly in the electricity market, as a member of state-owned energy supplier Hrvatska Elektroprivreda (HEP), without previously participating in the feed-in tariffs system that benefits from government incentives for the purchase price of electricity from renewable energy sources, HROTE noted.
In October, HEP said it expects to commission its first wind farm - VE Korlat, in August 2020, adding that the facility is worth 500 million kuna ($72 million/66 million euro).
Back then, HEP also announced it plans to build a 75 MW solar power plant, SE Korlat, estimated to cost 480 million kuna, adjacent to the VE Korlat wind farm.
The project is part of HEP's strategy to increase by 50% the share of renewables in its portfolio by 2030.
(1 euro = 7.56271 kuna)
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