Massive hike in electricity prices prompts state measures in Bulgaria
Three subsidiaries of state-owned power utility Bulgarian Energy Holding EAD (BEH) will provide an additional amount of electricity on the day-ahead market (DAM) of the Independent Bulgarian Energy Exchange (IBEX) in order to stabilize the market. According to local media, the DAM prices increased 50% in December 2018 compared to December 2017, skyrocketing 200% year-on-year in […]
Albania’s KESH invites bids for dam alarm system, revitalization
Albania’s power utility KESH has invited bids for the construction of the dam alarm system on the Drin River Cascade and for the revitalization of the Gjocaj dam of the Vau i Dejes hydropower plant (HPP). The overhaul of the Gjocaj dam and installation of the alarm system will be financed with funds secured by […]
Croatian, European day-ahead markets linked
Croatian Power Exchange (CROPEX) and Croatian transmission system operator (HOPS) together with Slovenian power exchange and transmission system operator completed the EU MRC day-ahead market (DAM) coupling project on the Croatian-Slovenian border. According to CROPEX’ press release, for the market coupling session, transmission system operators (TSOs) agreed on an implicit allocation of the daily capacity. […]
Bulgaria, Macedonia to complete day-ahead market coupling by Q2 2019
Bulgaria and former Yugoslav Republic of Macedonia signed a Memorandum of Understanding (MoU) on the Day-ahead market (DAM) coupling which foresees the market coupling to be concluded by Q2 2019. Independent Bulgarian Energy Exchange (IBEX) EAD signed a MoU on DAM coupling with the Electricity Transmission System Operator (TSO) of Macedonia (MEPSO), Energy Regulatory Commission […]
IBEX announces intraday market kick off
The Independent Bulgarian Energy Exchange (IBEX) announced the launch of the intraday market (IDM) on April 11. “On April 11 at 14:00 CET, the IDM market segment will be open for real trading with delivery after 00:00 CET on the April 12. We kindly invite all market participants that are still not registered as a […]
Lake Jablanica dries out, Elektroprivreda denies responsibility
Lake Jablanica in Bosnia and Herzegovina has dried out after the power utility Elektroprivreda BiH released water from the nearby dam, the locals said. This caused an ecological disaster and the loss of two million fish. The local fishermen say that Elektroprivreda released the water about 40 days ago without any prior notice. Restoring the […]