Presidential Adviser Pushes For Investments In Small Solar Power Plant

By 21 April 2022
Presidential Adviser Pushes For Investments In Small Solar Power Plant
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ZAGREB, 21 April 2022 - The head of the REGEA regional energy agency and President Zoran Milanović's adviser on energy and climate, Julije Domac, on Thursday sent an open letter to Minister Tomislav Ćorić with several proposals for mobilising citizens to invest in greater use of renewables.

Domac writes to the Economy and Sustainable Development Minister that in the current circumstances, marred by the energy crisis, energy products' price hikes and efforts to reduce the import of fossil fuels, as well as against a backdrop of climate change to which Croatia is also supposed to respond, the intention of his letter is to point out the need and possibilities of civic energy as an important element of Croatia's overall energy transition.

Therefore he calls for stepping up the development of the market and for opening the door to large-scale participation of citizens in small solar power projects, such as rooftop panel projects.

Domac advocates that investments in individual solar panels up to 50 kilowatts should be exempt from Value Added Tax and for making the procedure simple.

He is also for the introduction of a uniform rate for co-funding solar panel investments up to 25%.

Gradual deregulation of power prices

Domac says that it is necessary to elaborate a system of gradual deregulation of electricity prices for households within three years so as to make electricity prices equal for all categories of consumers.

He holds that the current price tariffs, which make it possible for households to have markedly lower energy prices, undermine cost-efficiency and return on investment in the renewables sector.

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