Renewables

CROPEX gets record price for guarantees of origin – EUR 1.52

CROPEX-record-price-guarantees-of-origin

Photo: Pixabay

Published

July 23, 2020

Country

Comments

comments icon

0

Share

Published:

July 23, 2020

Country:

Comments:

comments icon

0

Share

Croatian power exchange CROPEX has sold the entire amount of 320,232 guarantees of origin (GOs) from wind and biomass plants that are privileged power producers and receive incentives.

The auctions saw the highest price for guarantees this year – EUR 1.52, for guarantees from biomass.

At the last auctions, in May, CROPEX sold 356,253 guarantees of origin for biomass and wind energy. The highest price achieved then was EUR 1.5, again for guarantees from biomass.

Auctions were organized simultaneously on the CROPEX IT trading platform and these are the results:

  • A total of 142,823 guarantees were sold at the auction for electricity from wind power plants that started production since April 1, 2015; the guarantees are related to the electricity produced in May and June 2020; the price was 0,86 EUR/GO; the auction had 4 participants, but only 3 with winning bids.
  • A total of 97,861 guarantees were sold at the auction for electricity wind power plants that started producing electricity before April 1, 2015, for output in May and June 2020; the price per guarantee was EUR 0.16; there was 1 participant with a winning bid out of 3.
  • A total of 73,197 guarantees were sold at the auction for electricity produced in biomass plants with commissioning dates from April 1, 2015; the guarantees are for May and June 2020; the price was 1.52 EUR/GO; the auction had 4 participants while 2 gave winning bids.
  • A total of 6,351 guarantees were sold at the auction for biomass power plants that started generating electricity before April 1, 2015; the price of the guarantee for output in the first half of 2020 was EUR 0.14; there were 2 participants with winning bids out of 4.

The sale of guarantees of origin from biomass power plants was introduced in March.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Sineng Electric China 24 MW battery Albania

Sineng Electric from China installs 24 MW battery facility in Albania

13 April 2026 - Sineng Electric, based in Wuxi, China, said it has powered a battery energy storage system (BESS) of 24 MW and 48 MWh in western Albania

BEF 2026 reveals new wave of sponsors as Belgrade prepares to host regional energy elite

BEF 2026 reveals new wave of sponsors as Belgrade prepares to host regional energy elite

13 April 2026 - Belgrade Energy Forum – BEF 2026 has expanded its partner network and is welcoming another group ranging from renewable energy giants to industrial associations.

croatia wind farm cemernica vsb totalenergies

TotalEnergies developing 80 MW Čemernica wind farm in Croatia

10 April 2026 - The Čemernica wind farm is planned to be built in the municipality of Dicmo and the city of Trilj, near the coastal city of Split

eu first cbam certificate price european commission

European Commission sets first CBAM certificate price

10 April 2026 - The European Commission has published the first price of CBAM certificates for 2026 Q1 on its new dedicated page on the CBAM website