The Government submitted the new Electric Power Market Law to Parliament for consideration

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The Government submitted the final proposal of the Electric Power Market Law to the Parliament for consideration which is geared at preparing the transition to clean energy. The Law in question implies the acceptance of   EU Directive from 2019 pertaining to the common rules for the internal electric power market.

As specified in the proposal, the Law prescribes common rules for the production, transmission, distribution and storage, including the supply of energy, in conjunction with provisions on the protection of consumers for the purpose of creating an integrated, competitive, flexible, fair and transparent electric power market.

In Addition, the Law establishes rules relating to the organization and functioning of the energy sector of the Republic of Croatia, particularly rules on the empowerment of end-users, open approach to the integrated electric energy market, access of third parties to the electric power transmission and distribution infrastructure, requests for the separation of the transmission system operators and rule on the independence of the regulatory body. The Law attempts to provide acceptable and transparent prices and costs of energy for end-users, a high degree of supply security and an unhindered transition to a sustainable energy system with low carbon emission levels.

The Law also establishes the manner of cooperation between the Republic of Croatia and other EU member countries, regulatory bodies, and transmission system operators with a view to creating a fully interconnected internal electric power market in which the integration of energy from renewable sources is promoted as well as free-market competition and supply security.

The consideration of the Law on Renewable energy sources and highly efficient co-generation is also expected in Parliament soon.

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