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

0

Share

Published:

July 23, 2020

Country:

Comments:

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

Belgrade Energy Forum greets top officials global investors renewables

Belgrade Energy Forum greets top officials, global investors in renewables

17 April 2024 - The sponsor roster for Belgrade Energy Forum 2024 is expanding with some of the most prominent global names in the renewables realm

Governments firms pledge support for solar manufacturing EU Solar Charter

Governments, firms pledge support for solar manufacturing with EU Solar Charter

17 April 2024 - A hundred representatives of the European solar sector and energy ministers from 23 member states have signed the EU Solar Charter

Federation of BiH auctions solar wind energy community

Federation of BiH drafts 2025-2030 renewable energy auctions plan

16 April 2024 - The incentives plan was published by the Federal Ministry of Energy, Mining and Industry in its draft decree on quotas for renewables

Greece-PPC-sets-sights-Italy-Croatia-in-tandem-Mytilineos

Greece’s PPC sets its sights on Italy, Croatia in tandem with Mytilineos

16 April 2024 - Public Power Corp. – PPC is about to pay out the first dividend in a decade and is widening the scope of its regional expansion