Croatian Electricity Market Now Linked to European Market

A step forward.

Yesterday, the Croatian Operator Transmission System (HOPS) and the Croatian Electricity Exchange (CROPEX) formally linked the Croatian electricity market with the European Multiregional Electricity Market (MRC), which was the first successful project of this kind for the Republic of Croatia.

This marks the very first introduction of the indirect allocation of cross-border capacities along the Croatian-Slovenian border, the ultimate goal of which is to connect all the borders of the Republic of Croatia with neighbouring wholesale electricity markets.

After successfully implementing the implementation and testing phase between the parties involved, as well as the market participants and the obtained approvals by the IBWT, the MRC and all of the involved regulatory agencies, on the 19th of June 2018, the Croatian market was successfully connected with a multiregional related electricity market.

 

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