Croatia: Increased trade on CROPEX in May

, SEE Energy News

Traded volume in May 2020 was 41.2 % higher compared to the same month last year. Average daily base price on day-ahead market in May amounted to 22.47 euros/MWh, which is 6.2 % lower than in the previous month, while average euro-peak price reached 24.25 euros/MWh, 5 % lower compared to the previous month. A total volume of 600,486 MWh of electricity was traded on the Croatian energy exchange CROPEX in May 2020, which is 12.8 % more than in April, of which 571,199.4 MWh on the day-ahead market and 29,287.3 MWh on the intraday market. The average price on the intraday market was 21.22 euros/MWh (- 7.6 %). 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 May amounted to 18,425.8 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.