Croatia: Public debate on the calculation of balancing energy

3. June 2016. / SEE Energy News

According to the proposal, the reference deviation price is equal to the price on the Croatian power exchange (CROPEX), instead of the average price on the Hungarian and Slovenian electricity exchanges.

Croatian Energy Regulatory Agency (HERA) has initiated a public debate regarding the proposed methodology for determining the price for the calculation of balancing energy. The public hearing will be held from 18 May to 1 June.

According to the proposal, the reference deviation price is equal to the price on the Croatian power exchange (CROPEX), instead of the average price on the Hungarian and Slovenian electricity exchanges. The maximum vlaue of the tolerance threshold is increased from 15 to 60 MWh in order to take into the account the possibility od planning and specific cost of balancing the larger balance groups. The minimum value of tolerance threshold is icreased as well, from 1 to 2 MWh in order to reduce the cost of calculating deviations for smaller suppliers.

HERA has also initiated the public debate regarding the proposed methodology for determining the price for the calculation of balancing energy of the gas system, which will be held between 18 and 23 May. According to the new methodology which will come into force as of 1 October, the new reference price of gas will be calculated as the sum of the price of gas at the CEGH gas exchange and a fixed amount, which reflects the adjustment of the reference price to the conditions of gas wholesale market in Croatia. This adjustment, among other things, includes the estimated average cost of gas transportation to the virtual trading point in the fixed amount of 6 euros/MWh, transmits Serbia-energy.eu

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