Croatia: CROPEX Introducing new types of block products

, SEE Energy News

From 6 May 2020, for the delivery day if 7 May, Croatian energy exchange CROPEX will introduce two new types of block products (Linked and Profiled Block Products) for its day-ahead members.

Linked block orders are block orders that can be linked together in the day-ahead market, and where the acceptance of an individual block order can be made dependent on the acceptance of other block orders.

Profile block is a block order in the day-ahead market where volume can differ over the entire time span of the block. The start and stop time of a profile block order is defined by the member. It is not possible to have both buy and sell volumes in the same block.

Implementation of new products will help CROPEX members to optimize their trading on CROPEX Day-ahead market.