Croatia: CROPEX power exchange gets new member from Bosnia

21. April 2016. / SEE Energy News

Bosnian power utility HZHB will join CROPEX power exchange.

Bosnian power utility EP HZHB declared interest in becoming a member of Croatian electricity exchange CROPEX as it wants to start actively trading in the Croatian market.

To Bosnia and Herzegovina (BiH), CROPEX is the nearest EU power exchange involved with the operational work of the MRC (Multi Regional Coupling) day-ahead market of the EU. For participants from BiH this opens additional possibility for simple, transparent and effective electricity trading without any risks. The management of EP HZHB said that through the cooperation with CROPEX, the company sees the opportunity to strengthen its position in the EU market and provides full support for the continued strengthening of bilateral activities on connecting electricity markets of Croatia and BiH as part of an integrated EU market.

CROPEX informed EP HZHB on regulations on issuing energy permits, which allows the issuance of permits by Croatian Energy Regulatory Agency (HERA) to companies from Bosnia and Herzegovina and other Energy Community countries without the need for the establishment of its subsidiaries in Croatia, transmits Serbia-energy.eu

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