Croatian Power Exchange
|Headquarters:||Ulica grada Vukovara 284, 10000 Zagreb, Croatia|
|Date of foundation:||10 February 2016|
|Traded commodities and traded volumes in 2016:||Day Ahead Market: 258.405,1 MWh|
|Current number of employees (January 2017):||10|
CROATIAN POWER EXCHANGE Ltd. was established in May 2014 and is equally owned by the CROATIAN ENERGY MARKET OPERATOR Ltd. and the Croatian Transmission System Operator Ltd.
CROPEX’s mission is to provide a central place for electricity trading to market participants in a secure, reliable and transparent way. CROPEX operates the local Croatian day-ahead market and acts as a central counterparty for all day-ahead trades concluded on the trading platform.
Soon after going into operation in February 2016, CROPEX together with the Croatian TSO has been nominated as the Croatian NEMO. With the support of the local NRA, CROPEX entered into the HR-SI market coupling project with the final objective to be coupled as soon as possible with the wide EU MRC electricity market.
In parallel, CROPEX entered into the project of establishment the Croatian intra-day market that should become operational by the end of 2016.