News

HROTE to trade green power on CROPEX from next year

Published

May 20, 2016

Comments

0

Share

Published:

May 20, 2016

Comments:

0

Share

Croatian Energy Market Operator (HROTE) confirmed to SeeNews it will start trading large amounts of electricity from renewable sources on the country’s power exchange CROPEX in the beginning of next year.

In line with the Law on Renewable Energy Sources and Highly Efficient Cogeneration adopted in parliament in September, HROTE will act as a balance responsible party for renewable energy projects within the feed-in scheme in Croatia and will sell on the power from renewables from January 1, a spokesperson told SeeNews in response to an emailed inquiry. This move is expected to provide a big boost to liquidity on CROPEX, the article adds.

Currently, electricity suppliers are obliged to purchase electricity from renewable sources under the feed-in scheme from Hrote at regulated prices. The regulator has named CROPEX, which was launched in February, as a nominated electricity market operator (NEMO) for a single day-ahead and intraday market coupling for the next four years.

In other news, on May 19 CROPEX marked the 100th day of continuous trading on its day-ahead market with total volume of 100.7 GWh. Average daily volume for the first half of the period was 544 MWh, and for the other 50 days it increased to 1.47 GWh.

Related Articles

Belgrade Energy Forum energy storage is next big thing

Belgrade Energy Forum 2024 – energy storage is next big thing

25 May 2024 - There are exponential opportunities for energy storage investments to facilitate the green transition, main developers and operators in Southeast Europe said at Belgrade Energy Forum

janom investments Andrej Srsen bef 2024

Janom Investments bringing knowhow, investments to Western Balkans

24 May 2024 - Janom Investments is eyeing a portfolio of over 1,000 MW in wind, solar and battery projects in Croatia, BiH, Serbia and North Macedonia

maja turkovic cwp global investments bef 2024

Meet energy transition leaders in SEE: CWP Global is developing 6 GW of solar, wind, storage

24 May 2024 - Vice President for Europe at CWP Global Maja Turković was a panelist at the Belgrade Energy Forum 2024 conference

Western Balkans face tight electricity market coupling deadlines

Western Balkans face tight electricity market coupling deadlines

24 May 2024 - Market coupling is the first task in the Western Balkans energy transition and their main condition to be exempted from CBAM, panelists said at Belgrade Energy Forum