Electricity

IBEX in talks about coupling with Greece, Romania

Published

June 20, 2016

Country

Comments

comments icon

0

Share

Published:

June 20, 2016

Country:

Comments:

comments icon

0

Share

Independent Bulgarian Energy Exchange (IBEX), part of state-run Bulgarian Energy Holding (BEH), is negotiating about the integration with markets in Greece and Romania through coupling, chief executive Konstantin Konstantinov said, Reuters reported on June 16. The bourse’s trade volume is 250 MWh a month on average, much more than Serbian SEEPEX and Croatian CROPEX, the article adds, noting all three marketplaces were launched recently.

Spot power exchanges can achieve liquidity and come up with reference pricing through coupling, covering all cross-border surplus, according to the report, which cites market participants. While CROPEX and IBEX may introduce intraday trading within a year, Dejan Stojčevski, chief executive of SEEPEX, said the exchange would move to establish such a platform only if liquidity improves, the article said.

IBEX published a call for offers for a BGN 4 million (EUR 2.04 million) overdraft loan on June 20. The market operator said it intends to use the proceeds for its routine needs in commercial activities. The deadline expires on July 11.

Tags: ,

Related Articles

krsko 2 spatial plan

Slovenia launches public consultation on spatial plan for second unit at Krško nuclear plant

01 July 2025 - The Ministry of Natural Resources and Spatial Planning has published an initiative to prepare a spatial plan for the second unit of nuclear power plant Krško.

Turkey first hydropower reservoir YEKA floating solar power auction

Turkey selects first hydropower reservoir for YEKA floating solar power auction

01 July 2025 - The reservoir of the Demirköprü hydropower plant is the first proposed area for Turkey's planned floating solar power auction

Hungary MAVIR 60 MWh battery energy storage system

Hungary’s MAVIR commissions 60 MWh battery energy storage system

01 July 2025 - MAVIR, the Hungarian TSO, put into operation a battery energy storage system (BESS) of 20 MW in capability and a three-hour cycle.

Montenegro NECP public consultation sole coal plant shutdown 2041

Montenegro publishes NECP for public consultation – sole coal plant planned for shutdown in 2041

30 June 2025 - The retirement of the Pljevlja coal plant is planned for 2041, but it depends on a just transition and supply security, the draft NECP reads