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

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...

Full description

Bibliographic Details
Main Authors: Mateo Beus, Ivan Pavić, Ivona Štritof, Tomislav Capuder, Hrvoje Pandžić
Format: Article
Language:English
Published: MDPI AG 2018-02-01
Series:Energies
Subjects:
Online Access:http://www.mdpi.com/1996-1073/11/2/346
_version_ 1828117165416382464
author Mateo Beus
Ivan Pavić
Ivona Štritof
Tomislav Capuder
Hrvoje Pandžić
author_facet Mateo Beus
Ivan Pavić
Ivona Štritof
Tomislav Capuder
Hrvoje Pandžić
author_sort Mateo Beus
collection DOAJ
description 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).
first_indexed 2024-04-11T13:09:52Z
format Article
id doaj.art-e6dc89dcbba94d7a9db4eeb98ba88941
institution Directory Open Access Journal
issn 1996-1073
language English
last_indexed 2024-04-11T13:09:52Z
publishDate 2018-02-01
publisher MDPI AG
record_format Article
series Energies
spelling doaj.art-e6dc89dcbba94d7a9db4eeb98ba889412022-12-22T04:22:38ZengMDPI AGEnergies1996-10732018-02-0111234610.3390/en11020346en11020346Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further DevelopmentMateo Beus0Ivan Pavić1Ivona Štritof2Tomislav Capuder3Hrvoje Pandžić4Faculty of Electrical Engineering and Computing University of Zagreb, Unska 3, 10000 Zagreb, CroatiaFaculty of Electrical Engineering and Computing University of Zagreb, Unska 3, 10000 Zagreb, CroatiaCroatian Power Utility (Hrvatska Elektroprivreda d.d.), Ulica grada Vukovara, 10000 Zagreb, CroatiaFaculty of Electrical Engineering and Computing University of Zagreb, Unska 3, 10000 Zagreb, CroatiaFaculty of Electrical Engineering and Computing University of Zagreb, Unska 3, 10000 Zagreb, CroatiaOne 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).http://www.mdpi.com/1996-1073/11/2/346balancing groupelectricity market designpower exchangeinternal electricity market
spellingShingle Mateo Beus
Ivan Pavić
Ivona Štritof
Tomislav Capuder
Hrvoje Pandžić
Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further Development
Energies
balancing group
electricity market design
power exchange
internal electricity market
title Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further Development
title_full Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further Development
title_fullStr Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further Development
title_full_unstemmed Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further Development
title_short Electricity Market Design in Croatia within the European Electricity Market—Recommendations for Further Development
title_sort electricity market design in croatia within the european electricity market recommendations for further development
topic balancing group
electricity market design
power exchange
internal electricity market
url http://www.mdpi.com/1996-1073/11/2/346
work_keys_str_mv AT mateobeus electricitymarketdesignincroatiawithintheeuropeanelectricitymarketrecommendationsforfurtherdevelopment
AT ivanpavic electricitymarketdesignincroatiawithintheeuropeanelectricitymarketrecommendationsforfurtherdevelopment
AT ivonastritof electricitymarketdesignincroatiawithintheeuropeanelectricitymarketrecommendationsforfurtherdevelopment
AT tomislavcapuder electricitymarketdesignincroatiawithintheeuropeanelectricitymarketrecommendationsforfurtherdevelopment
AT hrvojepandzic electricitymarketdesignincroatiawithintheeuropeanelectricitymarketrecommendationsforfurtherdevelopment