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Croatia: Electricity trading on CROPEX exchange sees significant increase in November 2024

In November 2024, a total of 930,788.3 MWh of electricity was traded on the Croatian energy exchange CROPEX, marking a 22.1% increase compared to October. Of this, 767,787.7 MWh was traded on the day-ahead market, while 163,000.6 MWh was traded on the intraday market. The trading volume in November was 20.6% higher than the same month in the previous year.

The average daily base price on the day-ahead market in November reached 144.79 euros/MWh, a 63.1% increase from October. The average euro-peak price also rose significantly, reaching 170.88 euros/MWh, which is 79% higher compared to the previous month. Meanwhile, the average price on the intraday market was 152.01 euros/MWh, up 66.1% from October.

CROPEX’s day-ahead market had 32 participants in November, the same as the previous month, with 29 of them also active on the intraday market. The average daily traded volume on the day-ahead market was 25,592.9 MWh.

Launched on 11 March 2016, CROPEX operates 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 introduced in April 2017, and on 19 June 2018, the CROPEX day-ahead market was successfully coupled with MRC markets through the Croatian-Slovenian border following a joint project between Croatian and Slovenian transmission system operators and power exchanges.

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