CROPEX sells largest number of guarantees of origin so far


Photo: Pixabay


January 23, 2020






January 23, 2020





Croatian power exchange CROPEX said it has held its fourth auction of guarantees of origin (GO), selling 274,482.

It is the highest number so far. In the first auction, CROPEX sold 263,889 GOs and the tally was 194,049 in the second one, followed by 166,779 in the next round.

At the fourth auction of GOs for electricity from incentivized producers (Q4/2019), a total of 274,482 GOs were sold at a price of EUR 0.36 apiece, according to the press release.

Auction details:

  • Auction: Production from Q4/2019 (01/10/2019-31/12/2019)
  • Date: January 21, 2020
  • Time: 10:00 – 12:00 (CEST)
  • Primary Source of Energy: Wind
  • GOs Auction Quantity: 274,482
  • GOs Sold Quantity: 274,482
  • GOs Marginal Price (EUR/GO): 0.36
  • Minimum price from Bids (EUR/GO): 0.17
  • Maximum price from Bids (EUR/GO): 1.61
  • Number of Auction Participants: 4
  • Number of Auction Participants with Winning Bids: 4

CROPEX held its third auction in October.

In accordance with the law on renewable energy sources and high-efficiency cogeneration, HROTE, as leader of the ECO Balance Group for incentivized electricity production, started selling 30% of the energy output on the CROPEX day-ahead and intraday markets at the beginning of 2019, the exchange operator said.

In December 2019, the Croatian government decided to increase the share to 60% from January 1, 2020.

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

Endangered vultures more important than wind farm project in Greek mountains

Endangered vultures more important than wind farm project in Greek mountains

24 March 2023 - The competent institutions opted for the conservation of bird habitats and gave a negative opinion on the wind farm project

virtual power plants distributed production aggregators pandurevci nosbih

Virtual power plants emerge in BiH as seven aggregators pool 120 MW in total

24 March 2023 - The Independent System Operator in Bosnia and Herzegovina (NOSBiH) foresees an increase to 250 MW by the end of the year


Kosovo* outlines energy transition until 2031 in strategic document

24 March 2023 - Kosovo* aims at 1.6 GW in renewables capacity by 2031, with 340 MWh in batteries. It opted to reconstruct at least three coal plant units.

Péter Szijjártó energy partership hungary serbia republic of srpska

Hungary’s top diplomat welcomes forming of energy community with Republic of Srpska, Serbia

23 March 2023 - Péter Szijjártó, who visited BiH, pointed out that regional cooperation is very important to Hungary as a landlocked country