Croatian Power Exchange Ltd. was established in May 2014 and is equally owned by Croatian Energy Market Operator Ltd. and Croatian Transmission System Operator Plc.
CROPEX’ mission is to provide market participants with a secure, reliable and transparent solution for electricity trading. CROPEX operates the local Croatian day-ahead and intraday market and acts as a central counterparty for all day-ahead and intraday trades concluded on the trading platform.
In June 2024, CROPEX, together with the Croatian TSO, successfully launched Intraday Auctions, further enhancing the integration of the Croatian Intraday market into the Single European Intraday market (SIDC) via EU borders (HR-HU & HR-SI).
With the support of the Croatian NRA, CROPEX, together with the Croatian TSO, successfully coupled the Croatian day-ahead market with additional border into the Single Day-Ahead Coupling (SDAC) electricity market, via the Croatian-Hungarian (HR-HU) border.
CROPEX, together with the Croatian TSO, successfully coupled the Croatian intraday market via its EU borders, Croatia-Hungary (HR-HU) and Croatia-Slovenia (HR-SI), into the Single Intraday Coupling (SIDC) single intraday market.
CROPEX launched Guarantees of Origins auctions as well as auctions for grid losses procurement and auctions for selling renewable electricity generated from incentivised RES power plants
With the support of the Croatian NRA, CROPEX, together with the Croatian TSO, successfully coupled the Croatian day-ahead market into the Single Day-Ahead Coupling Multi-Regional Coupling (SDAC MRC) electricity market, via the Croatian-Slovenian (HR-SI) border.
CROPEX launched its day ahead market trading operations