Selling electricity from ECO balance group

Full start of operation of the ECO balance group, which was scheduled from 1 January 2017, was postponed by Government regulation that changed Law on renewable energy and high-efficiency cogeneration (Official Gazette, No. 100/2015, No. 123/2016 and No. 131/2017) in a way that the start of ECO balance group is postponed until 1st January 2019., when HROTE is obligated to sell electricity from ECO balance group on electricity market. That means end of obligation for electricity suppliers to take over electricity fed into grid, which HROTE purchased from eligible producers. Sales of electricity will be implemented in a transparent and non-discriminatory manner in accordance with the Rules for the sale of ECO balance group electricity that HROTE enacts with prior opinion of the Croatian Energy Regulatory Agency and the prior approval of the Ministry of Ministry of Environment and Energy.

25th November 2019

Yearly auction report for the sale of electricity from ECO balance group in 2020

In accordance with the Terms for yearly auction for the sale of electricity from ECO balance group in 2020 HROTE announces official Auction results:

Number of Auction participants: 7
Auction Product: Base profile 60 MWh/h
Number of successful Auction participants: 2
Average weighted Auction sale price: 57.07 €/MWh

11th November 2019

All interested market participants, in accordance with the Terms for yearly auction for the sale of electricity from ECO balance group in 2020  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 and is to be submitted by Monday, 18.11.2019. till 16h on e-mail auctions@hrote.hr. With application for participation in the Auction Authorisation for person authorised to participate in Auctions is also required.

Testing of CROPEX's platform will take place on Thursday, November 22, 2019. from 9 a.m. to 11 p.m.


 

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