Shushnjar: We are systematically working to reduce the cost of electricity for industry

Minister of Economy Ante Šušnjar announced in Varazdin that Croatia is systematically working to reduce electricity costs for industry. Speaking during a visit focused on awarding scholarships to students pursuing scarce vocational trades, Šušnjar emphasized that Croatia’s electricity prices for businesses are currently at the European Union average. He noted ongoing negotiations with the European Commission on mechanisms aimed at long-term support for energy-intensive industries, though these will focus on systemic solutions rather than one-time financial aid for utility bills. Šušnjar addressed concerns raised by the Croatian Association of Employers (HUP) regarding high electricity costs faced by energy-intensive industries. He stated that while HUP presents data selectively, Croatia has consistently been among the highest-cost countries for industrial electricity until recently. Now, according to official statistics, Croatia is within the EU average. Šušnjar clarified that the government is already engaged in discussions with the European Commission on mechanisms that would enable industries to transition toward decarbonization and self-generated power, which he argued would lead to lower input costs over time. These measures, he explained, aim to provide sustainable support rather than temporary relief through direct subsidies. He further outlined that future support for energy-intensive industries will prioritize their decarbonization efforts and the establishment of autonomous energy production capabilities. This approach, he stressed, ensures that industries can maintain cost efficiency even after such support ends. The minister highlighted that this strategy aligns with broader goals of reducing reliance on external energy sources and promoting domestic production. In addition to his remarks on industrial policy, Šušnjar discussed the recent allocation of scholarships to students enrolled in shortage vocational trades. In the Varazdin region alone, 24 students received agreements for scholarship funding, granting them access to €2,400 each. When asked whether these measures have yielded results, Šušnjar pointed to increased interest among young people in these fields. He cited rising applications, enrollment quotas, and additional incentives for modern trades such as mechatronics and electrical engineering as evidence of progress. The minister noted that the reintroduction of scholarships for vocational training was a key initiative last year after several years of absence. He announced plans to expand the program, supported by additional funding allocated by the prime minister. Šušnjar mentioned that the Ministry of Economy has secured €8.5 million for scholarship programs, vocational education, equipment of master workshops, lifelong learning, traditional crafts, and artistic trades. Additional funds worth up to €10 million are expected by year-end to promote youth engagement in these critical sectors. Šušnjar emphasized that the Croatian labor market urgently requires skilled workers in these areas, and the goal of these initiatives is to reduce the inflow of foreign labor while encouraging local youth to pursue careers aligned with national economic needs. He added that the measures also aim to inspire young people to start their own businesses, stressing that initial failures should not deter aspiring entrepreneurs. Finally, Šušnjar encouraged young people to embrace challenges and take risks, noting that early setbacks are part of the journey toward success. He urged them to consider entrepreneurship as a viable path, reinforcing the importance of resilience and determination in achieving personal and professional growth.