Great interest in establishing CDSO

Transparency and cost reduction are the main goals of CDS owners

After HELB became the first licensed CDSO in the Republic of Croatia in May, an information campaign was launched during the summer to inform the business community about the new service that is applied in specific business systems, according to the new Electricity Market Act. Feedback from the field shows that the interest is quite high, mostly due to the current, enormous increase in energy costs.

HELB’s service relates to the construction of distributed power generation systems such as photovoltaic power plants, as well as increasing the energy efficiency of existing systems. This achieves a high degree of energy self-sufficiency, which represents a permanent solution to resistance to unfavorable and uncertain energy market trends. How much and how an individual business entity can achieve savings can only be predicted after an in-depth recording with the user himself. The contacted users defined themselves according to several criteria, including at which voltage level the metering point is located (preference is given to customers at medium voltage), what activity the entity performs, what is its financial standing, and whether the user is privately or publicly owned. In choosing between joining the owner or the end user of the service, in this phase of market information, the emphasis is placed on the owners of business systems, considering that they are the decision makers on the choice of the CDSO service provider.

As far as business activities are concerned, the market sample covered wide variety of industries, airports and seaports, business and shopping centers, and banks and insurance companies. All units accept the introduction of a closed distribution system, expecting a positive shift in terms of transparency and cost reduction as well as ensuring energy self-sufficiency. We remind you that the establishment of CDS has multiple benefits for the owners the revenue from the concession of CDSO, the delegation of responsibility for the functioning of CDS, and the focus on the core activity of safety and reliability of electricity supply. On the other hand, users are enabled to transparently use the electricity supply service, achieve savings in consumption and manage their own electricity production, which is becoming more and more important every day.

September 7, 2022

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Year in Review: What will we remember about 2023?

In the past year, HELB has achieved significant progress through numerous projects, both in the field and in the production facility. This dynamic period was marked by the creation of new references worldwide, the development of innovative platforms, the signing of key contracts, participation in prestigious fairs and conferences, and new workplaces creation. Through new projects, market expansion, established collaborations and investments in technological advancement, HELB continued to build reputation in electrical power engineering.

For a deeper insight into everything that marked HELB’s business during the past 12 months, we invite you to read the detailed overview of activities in 2023, which you can find here.