Croatia: Traded electricity in August on CROPEX

, SEE Energy News

In August 2020 on the Croatian energy exchange CROPEX a total volume of 519,546.3 MWh of electricity was traded, which is 5.8 % more than in July, of which 483,411 MWh on the day-ahead market and 36,135.3 MWh on the intraday market, which is also the new monthly record.

Traded volume in August 2020 was 13.3 % higher compared to the same month last year. Average daily base price on day-ahead market in August amounted to 38.13 euros/MWh, which is 7.6 % higher than in the previous month, while average euro-peak price reached 40.62 euros/MWh, 7.6 % higher compared to the previous month. The average price on the intraday market was 35.77 euros/MWh, the same as in July. 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 August amounted to 15,593.9 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.