Exploration conducted at the Lunjkovec-Kutnjak geothermal field has confirmed that all prerequisites exist for the construction of a geothermal power plant with a capacity of approximately 16 megawatts in Varaždin County. This is excellent news for one of the largest geothermal exploitation fields in Croatia, spanning 99 square kilometres. The exploration was initiated by Bukotermal Ltd., a public company owned by Varaždin County (85%) and the Municipality of Mali Bukovec (15%).