Electricity prices in Croatia 2023

In 2023, the average wholesale day-ahead electricity price in Croatia was € 0.1040 /kWh (▼62% vs 2022). Below is the month-by-month breakdown plus a chart of how prices moved through the year.

Year average
€ 0.1040 /kWh
Cheapest month
December 2023
€ 0.0761 /kWh
Most expensive month
February 2023
€ 0.1452 /kWh
2022 average
€ 0.2725 /kWh
▼ 62%
€ 0.1452€ 0.0761010203040506070809101112January 2023: € 0.1369 /kWhFebruary 2023: € 0.1452 /kWhMarch 2023: € 0.1117 /kWhApril 2023: € 0.1054 /kWhMay 2023: € 0.0868 /kWhJune 2023: € 0.0943 /kWhJuly 2023: € 0.0924 /kWhAugust 2023: € 0.0961 /kWhSeptember 2023: € 0.1027 /kWhOctober 2023: € 0.1040 /kWhNovember 2023: € 0.0964 /kWhDecember 2023: € 0.0761 /kWh

Monthly breakdown — 2023

Month€/MWh€/kWhMW
January 2023€ 136.93€ 0.13692,193
February 2023€ 145.24€ 0.14522,262
March 2023€ 111.75€ 0.11172,056
April 2023€ 105.43€ 0.10541,966
May 2023€ 86.83€ 0.08681,850
June 2023€ 94.33€ 0.09431,965
July 2023€ 92.39€ 0.09242,279
August 2023€ 96.15€ 0.09612,205
September 2023€ 102.69€ 0.10271,998
October 2023€ 103.97€ 0.10401,861
November 2023€ 96.41€ 0.09642,066
December 2023€ 76.07€ 0.07612,202

Croatia generates around 45% of its electricity from hydropower — the Drava, Sava, Cetina and Krka river systems together host over 2 GW of capacity. The country also imports a sizeable share of supply, partly via its 50% co-ownership of the Krško nuclear plant in neighbouring Slovenia, which by treaty delivers half its 700 MW output to Croatia. HOPS operates the HR bidding zone and runs the CROPEX day-ahead market.

Wind has expanded along the Velebit coast and Adriatic islands to over 1 GW, while solar — long underdeveloped due to slow permitting — finally reached 0.5 GW in 2024 and is forecast to triple by 2027. Coal-fired Plomin still provides backup capacity but is scheduled for closure by 2033.

The 2 GW Plomin-3 nuclear-or-gas plant has been studied for years without a final decision; current government policy favors a second Krško unit instead.

Current electricity prices in Croatia