Croatia: Launch of power futures market on 26 June

, SEE Energy News

European Energy Exchange (EEX) with the Croatian electricity exchange (CROPEX) will launch a market for Croatian power derivatives on 26 June 2023. The start of trading on the power futures market will, for the first time, establish a long-term reference price for the Croatian electricity market up to 3 years ahead and enable market participants to protect themselves from price exposure in the future and project investors to plan their investments.

Croatian power derivatives on EEX will initially be introduced by setting up basic long-term financial derivatives – weekly, monthly, quarterly, and annually, with a base and peak profile.

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