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

carbon storage Kent Energean Prinos North Aegean Sea Greece

EnEarth gets permit for carbon storage at offshore oil field in Greece

12 March 2026 - Integrated energy services firm Kent won a contract for front-end engineering design for the Prinos CO2 project in Greece for carbon storage.

slovenia electricity grids investments modernization fund eles

Slovenia to invest EUR 174 million in electricity grids

12 March 2026 - Minister of the Environment, Climate and Energy Bojan Kumer signed four contracts and two decisions for grid modernization

european union commission von der leyen natural gas price cap energy crisis

Von der Leyen: EU considering natural gas price cap to curb electricity prices

12 March 2026 - These measures have gained renewed urgency as natural gas prices have skyrocketed due to the conflict between US and Israel on one side and Iran on the other

Bulgarian village fighting to protect crucial forest from solar park

Bulgarian village fighting to protect crucial forest from solar park

12 March 2026 - Thirty hectares of forest are at stake with a solar power project in the southwestern corner of Bulgaria, above the Starchevo village