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

romania ppc bess battery salbatica wind farm

PPC to install 60 MWh battery system at Sălbatica wind farm

11 February 2026 - PPC operates the Sălbatica 1 and Sălbatica 2 wind farms, with a combined capacity of 140 MW, located in Tulcea County

Next generation geothermal challenging competitiveness gas power plants

Next generation geothermal challenging competitiveness of gas power plants

11 February 2026 - With its new solutions and falling costs, geothermal power can already replace 42% of EU coal- and gas-fired plant output, Ember found

El Mor advances delivery ready BESS projects Romania

El-Mor advances delivery-ready BESS projects in Romania

11 February 2026 - El-Mor Electric Installations & Services is advancing two large stand-alone BESS projects in Romania

north macedonia solar memo power exchange analysis ana angelova

Solar power production driving prices on North Macedonia’s power exchange

10 February 2026 - Ana Angelova, a market operations specialist at the National Electricity Market Operator, analyzed official power exchange data for 2024