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

Mateo Beus, Ivan Pavić, Ivona Štritof, Tomislav Capuder and Hrvoje Pandžić
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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

Energies, 2018, vol. 11, issue 2, 1-20

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).

Keywords: balancing group; electricity market design; power exchange; internal electricity market (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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