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NODES and HOPS Join Forces to Advance Baseline Methodologies for the Balancing Market in Croatia

NODES AS and the Croatian Transmission System Operator Plc. (HOPS) are pleased to announce a new research and development partnership aimed at exploring and enhancing baseline methodologies for flexibility assets in Croatia’s balancing market. This collaboration will leverage the NODES Trading Platform to test and validate innovative approaches, supporting the evolution of Croatia’s energy landscape toward greater flexibility, transparency, and efficiency.

As the energy sector undergoes rapid decarbonization and decentralization, the need for robust and adaptive baseline methodologies has become critical for the accurate verification and settlement of flexibility services. The partnership will address key challenges such as verification accuracy, asset variability, data quality, and compliance, while also preparing for future market reforms and technological advancements.

Through this project, NODES and HOPS will:

  • Share expertise and knowledge from previous initiatives across Europe.
  • Conduct platform-based tests using the NODES Trading Platform, which offers advanced data collection and baseline calculation functionalities.
  • Evaluate and refine baseline methodologies at both individual asset and aggregated portfolio levels.
  • Support fair market access and future harmonization efforts across the EU.

About HOPS

HOPS is responsible for the reliable, safe, and efficient operation, maintenance, and development of the national electricity transmission network. As a key institution in Croatia’s energy sector, HOPS ensures secure power system operation, facilitates cross-border electricity exchange, operates the balancing market, and supports the integration of renewable energy sources.

In recent years, the Croatian balancing market has experienced significant growth, driven by the emergence of consumers and several independent aggregators who bring new flexibility resources into the system. HOPS actively supports this development by enhancing market frameworks, ensuring transparent and non‑discriminatory access, and enabling wider participation of distributed energy resources in line with EU regulatory expectations. Through continuous development of market rules and system services, HOPS plays a central role in enabling the transition toward a more flexible and sustainable electricity market.

More information: https://www.hops.hr/en/electricity-market

About NODES

The NODES Trading Platform offers robust features for comprehensive data management, allowing for flexible baseline configuration and ensuring transparent access for all stakeholders engaged in the balancing market.

Richard Sarti, CEO of NODES says “We have developed the NODES Trading Platform through close collaboration with industry leaders and technology partners over several years. We’re excited to work alongside HOPS to explore pathways for adopting flexibility from distributed energy resources (DERs) within the Croatian market. This partnership aims to leverage the NODES Trading Platform as a technical foundation supporting ongoing energy-transition initiatives within Croatia”.

This partnership marks a significant step forward in modernizing Croatia’s balancing market and sets a precedent for cooperation in the energy sector.

More information: https://nodesmarket.com/

Reach out for information

Farhan Farrukh

Business Development Manager Europe
LinkedIn profil: LinkedIn