Trading in Energy savings

The platform is envisaged as a market where energy savings (white certificates), polluting emissions of greenhouse gases, contracts for the purchase/sale of energy produced from renewable sources will be traded.

Since 2019, when the Ordinance on the Energy Efficiency Obligation Scheme (Official Gazette 41/2019) was published in the territory of the Republic of Croatia, the possibility of trading energy savings has been defined as one of the possibilities for the obligated parties (energy suppliers) to fulfil their obligations in terms of achieving annual energy savings.

One of the ways to fulfil the aforementioned obligations is to invest one’s own funds in the implementation of measures to increase energy efficiency and/or the use of renewable energy sources, and another way is by purchasing or transferring energy savings achieved by third parties, in the manner specified by the Ordinance.

According to the provisions of the Ordinance, the obligated parties must fulfil the obligation to make energy savings:

by investing in and encouraging energy efficiency that leads to a greater impact than would a measure to improve energy efficiency made at the level required by regulations and technical standards;

by investing in and encouraging measures to improve energy efficiency or activities which, at the time of contracting or initiating the investment, are not already covered by alternative measures, in order to avoid double calculation of savings.

In fulfilling the obligation of energy efficiency, the obligated parties are encouraged to increase energy efficiency primarily in households that are at risk of energy poverty, in the following way:

the calculated savings resulting from energy efficiency improvement measures implemented in households in areas with developmental particularities, in accordance with the provisions of the law governing regional development, are increased by 10%;

the calculated savings resulting from energy efficiency improvement measures implemented in the households of users of the compensation for vulnerable energy buyers, are increased by 20%;

the calculated savings resulting from energy efficiency improvement measures implemented in the households of users of the compensation for vulnerable energy buyers, in areas with developmental particularities, are increased by 30%.