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Monday, December 23, 2019

Croatia: Italian Company Shows Interest in Geothermal Energy Projects

Italy's Saipem Interested in Investing in Geothermal Energy in Croatia (Total Croatia News)

The Italian company Saipem has expressed interest in investing in geothermal energy in Croatia, the Croatian Hydrocarbon Agency said on Monday, announcing that it would soon invite bids for three more locations.

At a recent meeting at the Croatian Hydrocarbon Agency, representatives of the Italian energy and engineering company Saipem, which until 2016 was a daughter company of the ENI energy giant, expressed interest in making investments in renewable energy in Croatia, notably in geothermal energy.

Saipem has been developing its first geothermal energy exploitation project in South America, and Croatia has been recognised as the next step, Saipem official Paolo Carrera said.

Croatian Hydrocarbon Agency officials say that bids will be invited for three locations - Merhatovec (Međimurje County), Pčelić (Virovitica-Podravina County) and Ernestinovo (Osijek-Baranja County), where temperatures exceeding 140 degrees Celsius have been registered, which is suitable for energy production.

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