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 […]

Energy Community Electricity Forum calls for establishing day-ahead markets by mid-2019

The 23rd Energy Community Electricity Forum, held in Athens on June 7, invited all stakeholders to finalize the establishment of organized day-ahead markets by mid-2019 as a prerequisite for market coupling, the Energy Community’s Secretariat said. The Energy Community Electricity Forum, the biggest annual conference gathering electricity sector stakeholders from the Energy Community region and […]

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 […]

Macedonia to sign MoU with Bulgaria on coupling day-ahead markets

Former Yugoslav Republic of Macedonia’s government (FYROM) has accepted the proposed text of a Memorandum of Understanding (MoU) on coupling the day-ahead electricity markets of the two countries. This initiative will enable FYROM to join the internal electricity market of South-East Europe (SEE) and it will bring new business opportunities and cross-border trade in order […]

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 […]

Report: Energy Community countries’ shift in day-ahead markets development

The Western Balkans 6 (WB6) countries shifted from activities to develop national day-ahead markets towards finding an efficient solution that will secure rapid introduction of day-ahead market processes and coupling with neighboring markets, the Energy Community (EnC) Secretariat said in its latest WB6 report on electricity. However, overall the report sees very limited progress since […]