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Hydro as a European...

For decades, Montenegro’s hydroelectric system has been perceived primarily through a regional lens....

From arbitrage to algorithms:...

The transition from explicit capacity allocation to market coupling between Montenegro and Italy...

The Adriatic price axis:...

The coupling of Montenegro’s electricity market with Italy’s marks the emergence of a...

A trader-led structural model...

In South-East Europe, gas–power interaction has moved decisively beyond simple fuel substitution logic....
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Croatia: HEP sells 250,000 guarantees of origin in hydro power auction at €0.07 each

On March 26, 2024, the guarantees of origin (GO) auction for electricity produced from August 1, 2024, to December 31, 2024, took place, with state-owned HEP offering a total of 250,000 GOs.

The auction, conducted through CROPEX’s IT trading platform, focused on GOs from hydroelectric power. All 250,000 GOs, representing electricity produced in April 2024, were successfully sold at a price of €0.07 per GO.

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