In October 2024, the Croatian Energy Exchange (CROPEX) recorded a total trading volume of 762,151.8 MWh of electricity, marking a 31% decline compared to September. Of this, 615,393 MWh was traded on the day-ahead market, while 146,758.8 MWh was traded on the intraday market.
The volume traded in October was also 7.6% lower compared to the same month in the previous year.
Electricity prices also saw a decrease. The average daily base price on the day-ahead market dropped by 9.3%, reaching 88.8 euros/MWh. The euro-peak price on the same market decreased by 8.2%, averaging 95.46 euros/MWh. Similarly, the average price on the intraday market fell by 8.3%, settling at 91.51 euros/MWh, compared to the previous month.
CROPEX continues to attract a diverse group of participants. In October, there were 32 participants on the day-ahead market (one more than the previous month), with 29 of these also active on the intraday market. The average daily traded volume on the day-ahead market in October stood at 19,851.4 MWh.
CROPEX was established on March 11, 2016, in cooperation with Nord Pool, Europe’s leading electricity exchange. It is co-owned by the Croatian electricity transmission system operator (HOPS) and the Croatian electricity market operator (HROTE). The intraday market was launched in April 2017. In June 2018, CROPEX successfully coupled its day-ahead market with the Market Coupling of Central Western Europe (MRC) through the Croatian-Slovenian border.
The drop in trading volume and prices in October reflects the evolving market dynamics, with continued participation from various stakeholders in the Croatian electricity market.
