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

HELLENiQ Energy first PV plants in Romania online

HELLENiQ Energy gets its first PV plants in Romania online

11 March 2026 - Athens-based conglomerate HELLENiQ Energy started commercial operations of its first two photovoltaic parks in Romania

croatia batteries BESS hgk position paper issues necp aljosa pleic

HGK: Croatia has only 11 MW of battery power, regulations stall investments

10 March 2026 - The Croatian Chamber of Economy (HGK) has published a position paper on barriers to battery investments in the country

epcg battery energy storage tender

No bids in Montenegro’s second tender for battery energy storage

10 March 2026 - The tender was for only 200 kWh to 260 kWh of battery storage, whereas the previous, cancelled bidding envisaged 240 MWh

montenegro cges s2p electric grid connection solar tupan prentic asanovic

Swiss S2P Electric signs grid connection deal for solar project in Montenegro

10 March 2026 - The contract represents the eighth such deal for grid connection for renewable energy power plants signed by Montenegro’s TSO CGES