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...
Main Authors: | , , , , |
---|---|
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 |