Results of recent Croatian and Luxembourg GO auctions

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We take a look at the results from two national auctions that took place in July in  Luxembourg and Croatia. Both countries are smaller markets, which have significant contributions from Wind and Biomass towards renewable electricity generation.

Luxembourg - ILR

Late last month, the Institut Luxembourgeois de Regulation (ILR) held an auction for 2020 Q2 production. 

A summary of the prices and bid ranges is given in the graph below:

Wind volumes were down more than 50% compared to