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Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further Development

Author

Listed:
  • Mateo Beus

    (Faculty of Electrical Engineering and Computing University of Zagreb, Unska 3, 10000 Zagreb, Croatia)

  • Ivan Pavić

    (Faculty of Electrical Engineering and Computing University of Zagreb, Unska 3, 10000 Zagreb, Croatia)

  • Ivona Štritof

    (Croatian Power Utility (Hrvatska Elektroprivreda d.d.), Ulica grada Vukovara, 10000 Zagreb, Croatia)

  • Tomislav Capuder

    (Faculty of Electrical Engineering and Computing University of Zagreb, Unska 3, 10000 Zagreb, Croatia)

  • Hrvoje Pandžić

    (Faculty of Electrical Engineering and Computing University of Zagreb, Unska 3, 10000 Zagreb, Croatia)

Abstract

One of the most important objectives of the European Union is the creation of an Internal Electricity Market (IEM) in Europe. Various national electricity market designs represent one of the major obstacles to the creation of IEM and it is necessary to coordinate national market designs among Member States in order to achieve that. Therefore, this paper gives a comprehensive overview of the electricity market design according to laws related to the electricity sector that are in force in Croatia. Additionally, the paper identifies key obstacles that hamper the development of a well-functioning electricity market in Croatia towards its further integration into the IEM. Since Croatian Power Exchange (CROPEX) is not coupled with any other power exchange, special attention was given to necessary prerequisites for market coupling with the Slovenian Power Exchange (BSP SouthPool) and with the Hungarian Power Exchange (HUPX).

Suggested Citation

  • Mateo Beus & Ivan Pavić & Ivona Štritof & Tomislav Capuder & Hrvoje Pandžić, 2018. "Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further Development," Energies, MDPI, vol. 11(2), pages 1-20, February.
    • Handle: RePEc:gam:jeners:v:11:y:2018:i:2:p:346-:d:130015
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    References listed on IDEAS

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    Cited by:

    1. Ioannidis, Filippos & Kosmidou, Kyriaki & Makridou, Georgia & Andriosopoulos, Kostas, 2019. "Market design of an energy exchange: The case of Greece," Energy Policy, Elsevier, vol. 133(C).
    2. Pavel Atănăsoae, 2018. "The Operating Strategies of Small-Scale Combined Heat and Power Plants in Liberalized Power Markets," Energies, MDPI, vol. 11(11), pages 1-16, November.
    3. Zorana Božić & Dušan Dobromirov & Jovana Arsić & Mladen Radišić & Beata Ślusarczyk, 2020. "Power Exchange Prices: Comparison of Volatility in European Markets," Energies, MDPI, vol. 13(21), pages 1-15, October.
    4. Kostelac, Matija & Pavić, Ivan & Zhang, Ning & Capuder, Tomislav, 2022. "Uncertainty modelling of an industry facility as a multi-energy demand response provider," Applied Energy, Elsevier, vol. 307(C).
    5. Ettore Bompard & Shaghayegh Zalzar & Tao Huang & Arturs Purvins & Marcelo Masera, 2018. "Baltic Power Systems’ Integration into the EU Market Coupling under Different Desynchronization Schemes: A Comparative Market Analysis," Energies, MDPI, vol. 11(8), pages 1-15, July.
    6. Alberto Orgaz & Antonio Bello & Javier Reneses, 2019. "A New Model to Simulate Local Market Power in a Multi-Area Electricity Market: Application to the European Case," Energies, MDPI, vol. 12(11), pages 1-15, May.
    7. Mauro Caprabianca & Maria Carmen Falvo & Lorenzo Papi & Lucrezia Promutico & Viviana Rossetti & Federico Quaglia, 2020. "Replacement Reserve for the Italian Power System and Electricity Market," Energies, MDPI, vol. 13(11), pages 1-19, June.
    8. Jemma J. Makrygiorgou & Christos-Spyridon Karavas & Christos Dikaiakos & Ioannis P. Moraitis, 2023. "The Electricity Market in Greece: Current Status, Identified Challenges, and Arranged Reforms," Sustainability, MDPI, vol. 15(4), pages 1-40, February.
    9. Yue Pu & Yunting Li & Yingzi Wang, 2021. "Structure Characteristics and Influencing Factors of Cross-Border Electricity Trade: A Complex Network Perspective," Sustainability, MDPI, vol. 13(11), pages 1-25, May.

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