Croatia, 520,366.1 MWh of electricity was traded on the CROPEX in March

, SEE Energy News

A total volume of 520,366.1 MWh of electricity was traded on the Croatian energy exchange CROPEX in March 2022, which is 24.7 % more than in February, of which 468,708.1 MWh on the day-ahead market and 51,658 MWh on the intraday market. Traded volume in March 2022 was 2.6 % lower compared to the same month last year.

Average daily base price on day-ahead market in March amounted to 293.68 euros/MWh, which is 50.3 % higher than in the previous month, while average euro-peak price reached 304.21 euros/ MWh, 44.1 % higher compared to the previous month. The average price on the intraday market was 283.57 euros/MWh, 49.4 % higher compared to February.

There are 27 participants on CROPEX day-ahead market (the same as in the previous month), eighteen of which have been active on the intraday market as well. Average daily traded volume on the day-ahead market in March amounted to 15,119.6 MWh.

CROPEX was launched on 11 March 2016 in cooperation with Nord Pool, Europe’s leading electricity exchange, and is co-owned by the Croatian electricity transmission system operator (HOPS) and the Croatian electricity market operator (HROTE). Intraday market was launched in April 2017. On 19 June 2018, after joint project of Croatian and Slovenian transmission system operators and power exchanges, CROPEX day ahead market was successfully coupled with MRC markets through Croatian – Slovenian border.

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