Wednesday, 2 February 2022

HEP's Medjimurje Solar Power Plant to Become Croatia's Largest

February the 2nd, 2022 - The up and coming Medjimurje solar power plant is set to become the largest in all of the Republic of Croatia as HEP continues its investment cycle.

As Novac/Jutarnji writes, back in December 2021, the Kosora Jug solar power plant with a connection capacity of 2.1 MW began regular operation. This is the realisation of the first phase of the planned construction in the southern part of the Kosora Work Zone in the area of Vrlika. Almost 5,500 photovoltaic modules have been installed in the 2.6-hectare power plant, and the expected annual production of about 2.9 million kWh will be enough to meet the consumption of approximately one thousand households. HEP has invested around 11 million kuna in this power plant.

At the other end of Croatia, the construction of the largest solar power plant is starting. In January this year, HEP Proizvodnja and Koncar - Energy and Transport Engineering signed a contract for the design and construction of the Donja Dubrava Solar Power Plant, commonly referred to as the Medjimurje solar power plant. SE Donja Dubrava will be located on an area spanning around 17.6 hectares in the Municipality of Sveta Marija in Medjimurje County, next to the Dubrava Hydroelectric Power Plant.

The new Medjimurje solar power plant will have a maximum output power of 9.99 MW, or 12.35 MW of installed power, with the expected annual production of SE Donja Dubrava standing at around 14.8 GWh. Its production will avoid emissions of 167 thousand tonnes of carbon dioxide during 30 years of operation.

The specificity of the location where the new Medjimurje solar power plant will be constructed is the fact that there is an existence of a significant amount of wood mass, with an approximate volume of 1,400 cubic metres. This wood mass will be converted into wood that will be used as fuel at the location of the BE-TO Sisak biomass cogeneration plant. The total value of the signed contract is almost 58 million kuna, and the deadline is eleven months.

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Wednesday, 6 October 2021

Hrvatska Elektroprivreda (HEP) Regains Investment Grade Status

ZAGREB, 6 Oct, 2021 - Standard&Poor’s (S&P) ratings agency has upgraded the credit rating of Croatia's state-owned energy producer Hrvatska Elektroprivreda (HEP) from BB+ to BBB-, so that now it is the same as the sovereign credit rating.

It is the first time since 2009 that HEP's credit rating has been restored to investment grade, the company said in a statement on Wednesday.

S&P said in its report that the upgrade reflects HEP’s success regarding robust credit metrics in volatile hydrological conditions and commodity prices.

This is a result of HEP’s gradual evolution towards a market-oriented company with a more flexible cost structure. In comparison to what was previously captured in the rating, HEP shows it is able to more effectively and more robustly manage its exposure to commodity prices and lower implicit volatility. A very good track record proves the company is committed to maintaining financial strength, the report says.

S&P "has recognised our continued efforts to improve risk management and our overall financial position in the challenging circumstances of the coronavirus pandemic," the chairman of HEP's management board, Frane Barbarić, said.

He recalled that, thanks to the good business results in 2020, HEP paid a portion of its profit, notably HRK 840.6 million, into the state budget in September. The company has continued to operate successfully, generating a consolidated net profit of HRK 1.25 billion in the first half of 2021, which is 291 million more than in the first half of 2020.

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Wednesday, 1 September 2021

HEP Pays HRK 840.6m of Last Year’s Profit to State Budget

ZAGREB, 1 Sept, 2021 - The HEP national electricity provider paid HRK 840.6 million of last year's annual profit, into the state budget, HEP said on Wednesday following a decision by its general assembly on the distribution of its 2020 profit.

The decision on this contribution to the budget was made based on a government decision on the amount, method and deadline for state-owned companies, who are obliged to pay 60% of their 2020 profit after tax into the state budget.

HEP said in a press release that despite the unfavourable business circumstances in 2020, it had generated a profit amounting to HRK 1.4 billion. Based on the assembly's decision, which was held at the end of August, HRK 70 million will be set aside as legal reserves, while HEP will retain HRK 490.3 million of its profit and as mentioned earlier, HRK 840.6 million will go to the state budget.

HEP noted some of its investments during 2021, highlighting the Kosinj hydroelectric project which the government declared a strategic investment project n July. Together with the Senj 2 project, these are the two largest investment projects for HEP since Croatia's independence. The Senj 2 project is valued at HRK 3.4 billion and will produce 412 megawatts (MW) of electricity into the grid.

(€1 = HRK 7.5) 

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Saturday, 28 August 2021

A Few Hundred Rally in Protest Against Detrimental Effects of Lešće Power Plant

ZAGREB, 28 Aug, 2021 - A protest rally was held in the town of Novigrad na Dobri on Saturday against the hydro-power plant "HE Lešće" on the River Dobra, with protesters pointing out the plant's detrimental effects.

The rally brought together about 300 participants: locals, activists as well as representatives of local authorities. They warned about the damage done to the flora and fauna in the environment and highlighted the erosion of the banks of the River Dobra.

Karlovac County Prefect Martina Furdek-Hajdin told the rally that the state-run Croatian power company (HEP) has assumed the obligation to inform the local 112 centre and the public when the Lešće power plant's turbines were turned on to release tidal energy.

She said that the local authorities were doing their best to prevent the recurrence of bad experience.

In 2010 the then Prime Minister Jadranka Kosor inaugurated the trial run of Lešće, the first hydroelectric power plant built in Croatia since it gained independence in 1991. During that ceremony, it was said that this HRK 700 million power plant, located on the Dobra river, had a capacity of 42.29 megawatts and would produce 98 gigawatt hours of electricity per year.

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Friday, 25 June 2021

As Scorching Heatwave Continues, HEP Turns on Zagreb's Radiators

June the 25th, 2021 - HEP has certainly been ''helpful'' to the currently melting reisdents of Zagreb by turning on their radiators in the middle of an intense heatwave.

We're currently on Brac and spending most of our time trying to remain awake as the sun drains every atom of energy from us. A lot of lying under the air conditioner and trying to imagine what a cold breeze actually feels like has been going on. The heatwave is a strong one, and despite our house being right next to the sea, there's very little rescue from the sun's burning rays these days.

One thing we're thankful for is that we're not currently at home in Zagreb, where the temperatures are soaring and swimming in Jarun or the Sava just doesn't quite cut it. HEP has made the situation a lot worse for some of the city's residents by mistakenly turning on their heating, full blast. A big help indeed.

As Poslovni Dnevnik writes, confused residents of Vladimir Filakovac Street in the City of Zagreb were more than just a little surprised yesterday when they felt that their radiators were heating up to the highest strength possible during the intense heat of the day, reports RTL.

“Our radiators are hot, they're heating up to the highest possible strength. Is that happening just to us or is it everyone? What's going on?''  awoman from Zagreb asked on social media.

In the middle of the ongoing and absolutely exhausting heatwave, the valve broke down, which caused a temporary leakage of thermal energy for indoor heating into the building system, they explained from HEP-Toplinarstvo.

''Immediately after working out what had happened, the defect was rectified. We'd like to take this opportunity to apologise to our end customers for that situation and note that now the heating system in the building in question is functioning properly,'' they assured from HEP-Toplinarstvo, understanding that having the heating on full blast during an intense heatwave isn't really a much desired situation.

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Monday, 24 May 2021

HEP Plin Opens Office Building in Slatina

May 24, 2021 - The HEP Plin national gas provider opened a new office building in Slatina, an investment worth HRK 6.5 million, Croatia's national electricity provider (HEP) said on Monday, adding that it was continuing to develop its gas business.

The Slatina plant, one of HEP Plin's ten stations, employs eight workers, operates a distribution grid of 227 kilometers, and supplies 4,077 clients, of which 3,363 are households and 714 industrial consumers. In 2020, 86 million-kilowatt hours (kWh) of gas were delivered to consumers, HEP said in a press release.

HEP Plin, which is part of the HEP Group, manages 4,419 kilometers of gas networks in Osijek-Baranja, Požega-Slavonia, Virovitica-Podravina, Vukovar-Srijem and Krapina-Zagorje counties. It is the biggest distributor in Croatia in terms of the length of its gas grid. With almost 100,000 consumers, HEP Plin is one of the largest gas suppliers in the country.

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Thursday, 15 April 2021

HEP Website Being Adapted for Blind and Visually Impaired Users

April the 15th, 2021 - HEP has taken a step forward in adapting its website to blind people and those who are otherwise visually impaired/partially sighted with a new project.

As Poslovni Dnevnik/Darko Bicak writes, Hrvatska elektroprivreda (HEP) and the Association of the Blind (Zagreb) presented a special version of the HEP Supply website for customers of electricity provided by the household category "Hepi", intended for blind and partially sighted people.

As HEP announced recently, the adaptation of their "Hepi" website is part of the project of the Association of the Blind called "A Network for All", which aims to provide professional assistance to organisations that decide to adapt their websites to blind and partially sighted people.

The realisation of this project was made possible by a generous donation from HEP in the amount of 80,000 kuna, which procured sophisticated computer equipment needed for staff training and the testing of the necessary software solutions, the statement said.

The basic Hepi website and other subpages (Hepi Assistance, Families 3plus) have been adapted for this use. Additional fields for describing different images have also been programmed on the page, options for contrast for black and white text and the background, for the increase/decrease of font, for font for dyslexics etc have been introduced.

There are 17,371 registered persons in the Republic of Croatia whose cause of disability is blindness and significantly poor vision, of which almost 2,000 such individuals are totally blind and partially sighted in Zagreb and Zagreb County alone.

The President of the Management Board of HEP, Frane Barbaric, pointed out that HEP was guided in this new and praiseworthy project by the principle that all their customers have an equal right and opportunity to access their services, especially since this is represents a particularly vulnerable group of people.

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Wednesday, 27 January 2021

BREAKING NEWS: Man Throws Explosive in Pakrac at Two Men

January 27, 2021 – At around 9.20 am this morning, a man threw an explosive in Pakrac at two other men. The two men were injured and have been taken to Pakrac hospital

At around 9.20 am this morning, Wednesday 27 January 2021, a man threw an explosive in Pakrac, in Jana Žiške ulica. The explosive in Pakrac struck two other men. The two men were injured and were taken immediately to the Pakrac hospital. One was later transferred to Zagreb.

Details regarding the severity of the two men's injuries were released by the hospital. They said the least injured man was treated for wounds all over his body and that he has suffered damage to his eardrum, but he is not in mortal danger. His colleague did not fare so well. His injuries were so severe that the decision was made to transfer him to KBC Zagreb. He was sent there at around 1pm. He underwent surgery there. Shrapnel had damaged his legs and pierced both his abdomen and head in several places. His condition going into the night was described as stable.

The two men injured by the explosive in Pakrac are employees or sub-contractors of the national electricity supplier HEP. They are a 52-year-old and a 55-year-old. They came to the house of a 71-year-old from Pakrac with another HEP colleague to turn off the electricity, and the 71-year-old threw a bomb at them. It was necessary to take the two men with the greatest injuries to hospital immediately. The third HEP colleague received minor injuries from shrapnel caused by the blast. It is the 52-year-old man who was in a critical condition. He is a popular local man. He also lives in Pakrac. Nearby houses were damaged in the explosion, police said.

Following the incident, the 71-year-old perpetrator locked himself inside the house. Police managed to arrest him after a while.

The national electricity supplier HEP released a statement about the attack which used an explosive in Pakrac

The statement reads:

"On January 27, 2021, at around 9.15 am, three workers of HEP-Operator distribucijskog sustava doo, Elektra Križ, were attacked with an explosive device while disconnecting electricity, at the order of the supplier, at a metering point in Pakrac.

Two workers were injured in the attack and were given emergency medical assistance.

We will be able to give more information about the circumstances of the event after the police investigation.

The Management Boards of HEP dd and HEP-ODS, the leadership of the HEP Workers' Union and the Association of HEP Veterans are appalled by this event and strongly condemn the attack on HEP ​​employees who performed their regular work properly.

HEP Group employees share their indignation and concern with the families and colleagues of the attacked workers"

Pakrac is a town in western Slavonia. It lies around 50 kilometres to the west of where the tragic discovery was made on Monday 25 January of the bodies of two local men found frozen in the snow.

TCN will be updating this story as and when we get more and relevant information.

Friday, 20 November 2020

HEP Heating Awarded Contract Worth Approximately 700 Million Kuna

As Poslovni Dnevnik/Suzana Varosanec writes on the 20th of November, 2020, the contract for the revitalisation of the hot water network of the City of Zagreb with a total value of 699.6 million kuna, of which 421.5 million kuna is financed by grants from EU funds, was handed to HEP Heating, the Ministry of Regional Development and EU Funds announced.

As they pointed out on this occasion, this is the 14th largest capital strategic project of the Republic of Croatia to be signed in the programming period between 2014 and 2020, and at the same time, it represents the largest amount allocated to Hrvatska elektroprivreda (HEP) so far from European Union funds. According to the Minister of Regional Development and EU Funds Natasa Tramisak, the implementation of this contract will revitalise 68.5 kilometres of the city's hot water network and improve the supply of 100,000 households across the City of Zagreb, which will ensure its citizens a reliable and continuous heating supply.

"With the delivery of this contract, we've signed large strategic projects worth more than 16 billion kuna, and all of them are being implemented and will be underway until 2023. Another important contract remains to be signed, and that is the construction of a broadband infrastructure network, which will be signed within a three week period,'' announced Tramisak, adding that in the next programming period between 2021 and 2027, within the set parameters and guidelines for a greener Europe, there will be a lot of support the development of such projects.

Works on the revitalisation of the hot water network of the City of Zagreb, which supplies more than 100,000 households, will be carried out over the following three years in several phases, and will include the replacement of almost a third of the existing hot water network. The works which will be performed by HEP Heating will take place in in 2021, 2022 and 2023 across an array of areas within the capital.

With this contract, the HEP Group has withdrawn funds in the amount of almost 1 billion kuna from the European Union in the last three years, and according to HEP CEO Frane Barbaric, a new high-efficiency plant worth a massive 900 million kuna will further contribute to the provision of a much better heating service in Zagreb, and the production of electricity and heat that will be put into operation in 2022.

With this revitalisation project, the technologically obsolete hot water network will be revitalised with more modern technology including the channelless laying of pre-insulated pipes, which will increase the reliability and safety of the central heating system of the City of Zagreb. This HEP Heating project will reduce heat losses by approximately 28 percent, running water replenishment losses by approximately 47 percent and the number of emergency interventions on reconstructed hot water sections by 90 percent in comparison to back in 2018.

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Sunday, 25 October 2020

VIDEO: Instagram Monkey Hangs From Croatia's Highest Building

October 25, 2020 - Teenage British daredevil Adam Lockwood is the first Instagram monkey to have been filmed hanging by one hand from the 340-metre-high chimney of the thermal power plant in Plomin, Istria - the tallest building in Croatia

In the latest installment of his social media posts, teenage British Instagram monkey Adam Lockwood has posted a short video of a recent visit to Croatia. Posted to his 'thelittlenuisance' Instagram page on Friday, the video shows Adam hanging by one hand from the top of the 340-metre chimney of the thermal power plant in Plomin, Istria. The chimney is the highest structure in Croatia.

In the text which accompanies the video posting, Lockwood thanks a Croatian peer for inviting him to the country in order to tackle the climb. He also thanks the Croatian accomplice for the video footage, implying that Lockwood was accompanied on his illegal entry to the site – and filmed – by a local.

The chimney and plant are under the authority of the national Croatian electricity company HEP. Both HEP and the Croatian police are investigating how the pair gained access to the site in order to make the heart-stopping climb.

This is not the first illegal ascent Lockwood has made. This Instagram monkey has over 34, 000 followers on that particular platform and has posted pictures of himself atop buildings in Malta, Madrid, Barcelona, Edinburgh and in Italy. In previous videos he has half0heartedly used the excuse of not being able to understand 'warning' and 'no entry' signs that he comes across because he does not understand the language they are written in. If accompanied this time by a local, this is an excuse he cannot use for his climb in Istria.

Instagram monkey Lockwood said that he and his accomplice illegally entered the property of the thermal power plant at 2am to avoid the workers. The actual ascent of the chimney took two hours. The pair are said to have climbed down again the following night, having spent 21 hours within the compound. Lockwood has a further 8000 subscribers to his Youtube channel which has several videos of similar ascents he has previously made.

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