Invitation to participate in the auction for the sale of electricity from ECO balance group in 2020 (no GoOs included)
All interested market participants, in accordance with the Terms for yearly auction for the sale of electricity from ECO balance group in 2020 (Terms) for the period from 01.01.2020. to 31.12.2020. are invited to participate in the auction for the sale of electricity from ECO balance group in 2020 (no GoOs included).
The Auction will be held on Monday, November 25, 2019 through the Croatian Power Exchange d.o.o. (CROPEX) trading platform: https://ekobg.cropex.hr/ starting at 9am and will last until 12am.
HROTE will, through CROPEX trading platform, select buyers of electricity from ECO balance group totaling 60MWh/h (base power product) for 2020 at the Auction.
The details of the selection process and the details of the tender are explained in the above mentioned Terms. The application for participation in the Auction is part of Terms (Annex I) and is to be submitted by Monday, 18.11.2019. till 16h on e-mail firstname.lastname@example.org. With application for participation in the Auction Authorisation for person authorised to participate in Auctions (Annex II) is also required.
Testing of CROPEX's platform will take place on Thursday, November 22, 2019. from 9 a.m. to 11 p.m.
PRESS - The first auctions of Guarantees of Origin successfully held
On 29th August 2019, the first Guarantees of Origin Auction for electricity from incentivized producers (Q1/2019) was successfully held by CROPEX, selling a total of 263,889 Guarantees of Origin at a price of 0.31 EUR/GO.
The second auction (second quarter of 2019) took place on 30 August 2019, selling a total of 194,049 Guarantees of Origin at a price of 0.91 EUR/GO.
For the first Guarantees of Origin Auction held on CROPEX trading platform, a total of 11 auction participants were registered, of which 9 participants actively participated in the auction, who submitted bids for the
purchase of GOs in the Auction system. The total number of active participants in the second auction was 7.
The funds from the sale of GOs will be transferred to the incentive system fund of HROTE.
HROTE is among the first three EU Member States to launch guarantees of origin in favor of an incentive system.
Date: August 29, 2019 (10:00 -12:00)
Auction name: Production from Q1/2019 (1.1.2019 – 31.3.2019)
Total amount of Guarantees of Origin offered: 263,889
Total number of active participants: 9
Total auctioned amount: 263,889
Minimum - maximum price from offers: 0.30 EUR/GO - 0.40 EUR/GO
Marginal Price: 0.31 EUR/GO
Date: August 30, 2019, 10am - 12pm
Auction name: Production from Q2 / 2019 (1.4.2019 - 30.6.2019)
Total amount of guarantees of origin offered: 194.049
Total active bidders: 7
Total auctioned amount: 194,049
Minimum - maximum price from offers: 0.30 EUR/GO - 1.20 EUR/GO
Marginal Price: 0.91 EUR/G