Croatia: Electricity market summary results 2014, production prices and market trends, SEE Energy News
Processes of reform and adjustment of Croatian energy sector to the principles and implementation framework of the European energy sector were realized in 2014th. This primarily refers to the further market development and market relations in all energy sectors that may be exposed to competition and creation of transparent and effective regulatory environment for regulated energy activities.
In market segments, further market development is visible and measurable through key indicators of increasing the services quality with more transparent and efficient protection of users and customers, increasing the number of changes of electricity and gas suppliers and – as a result of competitive competition between energy suppliers – it was established trend of pressure toward the decrease in electricity and gas prices to end customers.
There has been a further reduction in energy consumption in 2014th, partly due to an increase in efficiency of energy use and application of energy-saving measure, but mainly due to the economic downturn and falling of purchasing power of the population.
In the electricity sector, total electricity consumption of Croatian electric power system in 2014th amounted to 16.9 TWh, which presents a decline of 2.6% compared to 2013th and the continuation of the five-year downward trend in the total electricity consumption in Croatia. Power plants on Croatian territory produced a total of 12.2 TWh of electricity in 2014th, which settle 72% of domestic needs. Favorable circumstance is that in the hydro power plants were produced 8.4 TWh of electricity, the most in the last 10 years, which is approximately 69% of the total electricity produced in Croatian territory in 2014th. The rest of the domestic needs (28%) is covered by imports, with 3.0 TWh (15% of total needs) settled by the electricity production in nuclear power plant Krsko.
The power of all power plants on Croatian territory at the end of 2014th was 4,528 MW. In the incentive system of the electricity production from renewable energy sources and cogeneration (in force since 2007th) we have 412 MW of production capacity, of which 339 MW make wind farms. In the total electricity consumption in the Republic of Croatia, the share of electricity produced by producing installations using renewable energy sources and cogeneration, which are included in the incentive system, was 5.51%,
Power transmission and electricity distribution are regulated activities performed as a public service. In 2014th there were no changes in the amounts of tariff items for electricity transmission and distribution.
In May 2014th, it was established trading company Croatian Energy Exchange Ltd. (CROPEX) founded by HOPS and Croatian Energy Market Operator (HROTE). The establishment of the stock exchange is the first step in the establishment of short-term wholesale electricity market and a precondition for further connections of the Croatian electricity market with neighboring markets. The development of mechanisms for allocation and use of cross-border capacities and congestion management in the transmission network was continued in 2014th.
The average total sale price of electricity (total sale price includes a fee for the use of transmission and distribution network and the electricity price, but does not include fees and taxes) for end customers from the household category in 2014th amounted to 0.104 EUR / kWh. The average electricity price for end customers from the household category under the universal service in 2014th amounted to 0.o6 EUR / kWh. The average electricity price for end customers in the market (outside of supply in the framework of public services) in 2014th amounted to 0.O5 EUR / kWh. In 2014th there was a slight decrease in electricity prices compared to 2013th.
HERA started preparations during 2014th for the implementation of new energy regulations of the EU aimed at the final establishment of a functioning internal energy market and its effective supervision. In addition to the operational binding network codes (Network Codes) that uniquely regulate the functioning of the internal in electricity and natural gas markets, it should be also pointed out demanding new regulations such as the Regulation on integrity and transparency of wholesale energy markets (REMIT) – which will soon become a major challenge of HERA resource. , transmits Serbia-energy.eu
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