ContractMarket Development Agreement • December 13th, 2021
Contract Type FiledDecember 13th, 2021In order to jointly develop a power derivatives market for Croatia, the European Energy Exchange (EEX) and the Croatian Power Exchange (CROPEX) have signed an agreement. Since its launch in 2014, CROPEX has actively grown its spot market, achieving a total trading volume of 6,447 GWh in their day-ahead and intraday markets in 2020. To further support this positive development, EEX and CROPEX have agreed to work together to introduce power derivatives for the Croatian market in 2022, subject to the approval of the relevant authorities and committees.