Electricity

HROTE to sell renewable electricity in three ways

Photo: Pixabay

Published

September 3, 2016

Country

Comments

comments icon

0

Share

Published:

September 3, 2016

Country:

Comments:

comments icon

0

Share

Croatian Energy Market Operator (HROTE) has recently said that from January 1 it will start selling electricity from plants using renewable sources which have power purchase agreements, in three ways.

In addition to selling energy from renewable sources on the country’s power exchange CROPEX, Hrote will also offer electricity generated from renewable sources through auctions for standard periods of time or on an annual, semi-annual, quarterly or monthly basis, according to the announcement.

Except the two sale models, the participants in the electricity market will be able to sign framework agreements that last up to one calendar year, where the operator can activate them and thus close its positions on the market.

Changes in the sales of electricity from renewable energy sources are in accordance with the Law on Renewable Energy Sources and Highly Effective Cogeneration that the Croatian parliament adopted last September. Hrote acts on the market as the party responsible for the deviation and the one responsible for the payment of subsidies for eligible producers with contracts under the feed-in tariff system, the statement adds.

Tags: ,

Related Articles

Serbian oil company NIS installs 6 8 MW solar power plant

Serbian oil company NIS installs 6.8 MW solar power plant

13 March 2026 - Gazprom-owned Serbian oil refiner and service station chain NIS commissioned its ground-mounted 6.8 MW solar power plant. It is one of the biggest in the country.

croatia cropex slovenia market power exchange

CROPEX expands into Slovenian electricity market

13 March 2026 - The move marks the first time the Croatian Power Exchange will operate outside Croatia, according to CROPEX CEO Ante Mikulić

montenegro loan power line ebrd asanovic bowman

CGES to invest EUR 15 million in BiH-Montenegro-Albania power line

13 March 2026 - Montenegro's TSO Crnogorski Elektroprenosni Sistem plans to invest EUR 200 million over the next five years

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.