A total volume of 1,103,572.8 MWh of electricity was traded on the Croatian power exchange CROPEX in May 2026, marking a 6.5% decline month-on-month compared with April. Of this, 872,232.4 MWh was traded on the day-ahead market, while the intraday segment accounted for 226,340.4 MWh, reflecting continued activity in short-term balancing. Overall trading was also 6.9% lower year-on-year, indicating slightly softer market participation compared to May 2025.
The average day-ahead baseload price in May stood at €103.58/MWh, which represents a 14.6% increase compared with the previous month. The euro-peak price reached €64.94/MWh, up 10.7% month-on-month, suggesting stronger pricing during peak demand hours. On the intraday market, the average price climbed to €106.89/MWh, a significant 22.1% increase, highlighting higher short-term volatility and increased value of flexibility.
Average daily traded volume on the day-ahead market amounted to 28,297.8 MWh, indicating relatively stable liquidity, although slightly reduced compared with previous periods. Despite lower overall volumes, price signals strengthened across both day-ahead and intraday segments, reflecting tighter short-term market conditions.
The Croatian electricity exchange CROPEX was established on 11 March 2016 in cooperation with Nord Pool, one of Europe’s leading electricity exchanges, and is jointly owned by HOPS (Croatian Transmission System Operator) and HROTE (Croatian Energy Market Operator). The intraday market was launched in April 2017, further enhancing short-term trading capabilities.
A major structural milestone was achieved on 19 June 2018, when the CROPEX day-ahead market was successfully coupled with the Multi-Regional Coupling (MRC) framework via the Croatian–Slovenian border, significantly improving cross-border liquidity and integrating Croatia more deeply into the wider European electricity market.
