Croatia: 527,173 MWh traded on CROPEX in September

, SEE Energy News

A total volume of 527,173 MWh of electricity was traded on the Croatian energy exchange CROPEX in September 2019, which is 14.9 % more than in August, of which 521,183 MWh on the day-ahead market and 5,990 MWh on the intraday market.

Average daily base price on day-ahead market in September amounted to 55.43 euros/MWh, which is 0.8 % lower than in the previous month, while average euro-peak price reached 61.1 euros/MWh, 4 % lower compared to the previous month. The average price on the intraday market was 54.49 euros/MWh (- 14.2 %). There are 20 participants on CROPEX day-ahead market, eleven of which have been active on the intraday market as well. Average daily traded volume on the day-ahead market in September amounted to 17,373 MWh.

At the day ahead auction held on 13 September for the delivery on 14 September, the total volume on the day-ahead market was recorded in the amount of 23,454 MWh. The highest hourly volume was traded for the 14th hour in the amount of 1,252 MWh. This represents the highest daily traded volume on CROPEX day-ahead market since its launch.

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 September this year, 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.