Croatia: Electricity traded on CROPEX in June

, SEE Energy News

Average daily base price on day-ahead market in June amounted to 28.77 euros/MWh, which is 28 % higher than in the previous month, while average euro-peak price reached 30.22 euros/ MWh, 24.6 % higher compared to the previous month. A total volume of 508,479 MWh of electricity was traded on the Croatian energy exchange CROPEX in June 2020, which is 15.3 % less than in May, of which 477,504 MWh on the day-ahead market and 30,975 MWh on the intraday market. Traded volume in June 2020 was 18.6 % higher compared to the same month last year. The average price on the intraday market was 31 euros/MWh (+ 46.1 %). There are 20 participants on CROPEX day-ahead market, twelve of which have been active on the intraday market as well. Average daily traded volume on the day-ahead market in June amounted to 15,916.8 MWh. 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 June last 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.