TENDERING: Geothermal water exploration areas in Croatia

The Croatian Hydrocarbon Agency issued a public call for bids for four exploration areas. It said the goal is to utilize geothermal waters in Slavonia, Podravina and Međimurje in the north of Croatia for the production of energy.

A significant geothermal potential has been proven in the geographical zone of the Drava river valley, the Croatian Hydrocarbon Agency said as it announced it is receiving bids for four fields. Data from the exploration areas have been obtained during earlier oil and gas drilling, which greatly reduces the risk and costs for future investors, according to the statement. Geothermal water at the said locations in Slavonia, Podravina and Međimurje in the northernmost part of Croatia can be used for electricity and heating.

The deadline is September 1. The agency noted the temperature under all the lots exceeds one hundred degrees Celsius and that it means electricity can be generated. The entire potential power capacity is estimated at 50 MW while as much as four times more heat energy can be used.