IBEX in talks about coupling with Greece, Romania


June 20, 2016





June 20, 2016




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.

The 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


EU faces challenges in delivering on ambitious offshore wind target

28 June 2022 - The ambitious target could prove challenging due to expected shortages of specialized offshore wind installation vessels


NASA sets out to develop nuclear power plant on the Moon

28 June 2022 - Success in building such power systems would pave the way for long-term missions on the Moon and Mars, NASA said

EU energy ministers targets renewables energy efficiency

EU energy ministers aiming at more ambitious renewables, energy efficiency targets

28 June 2022 - The Council of the EU wants to boost the renewables and energy savings targets via the Fit-for-55 package, which depends on upcoming talks

EU Alliance for Zero Emission Aviationhydrogen electrification

EU’s Alliance for Zero Emission Aviation to work on hydrogen, electrification

27 June 2022 - The EU said the Alliance for Zero Emission Aviation would accelerate the development of electric and hydrogen-powered aircraft