Croatia: CROPEX power exchange gets new member from Bosnia, 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
- October 20, 2021 Serbia, EPS has send an initiative to the Ministry of Mining and Energy for the implementation of a mechanism of a strategic reserve
- October 20, 2021 Serbia, Construction of gas interconnection with Bulgaria to start in late November
- October 20, 2021 Serbia, Price of electricity in country is still much lower than in Europe