IBEX, ESO join EU XBID Local Implementation Project

The Independent Bulgarian Energy Exchange (IBEX) and the country’s Electricity System Operator (ESO) have become part of a project for market coupling of intraday markets (IDM) through the 15th XBID Local Implementation Project, IBEX said in a press release. The Local Implementation Project 15 (LIP 15) involves the market operators and transmission system operators (TSO) […]

Electricity September 18, 2018

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 […]

AERS approved agreements between national TSO EMS and its regional peers

The Council of the Energy Agency of the Republic of Serbia (AERS) approved the agreements between the public utility Elektromreža Srbije (EMS), national transmission system operator (TSO), and its neighboring peers on the procedure and method of allocating the right to use cross-border capacities and access to cross-border transmission capacities for 2018. TSO EMS signed […]

Electricity December 14, 2017

Bulgaria’s ESO has received grant to increase energy efficiency

The Bulgarian Electricity System Operator (ESO) has received a grant from the Operational Program Innovation and Competitiveness (OPIC) 2014-2020, to improve its energy efficiency. The contract for implementation of this large-scale program was signed earlier this week and it will include ESO’s 273 sites across Bulgaria. Under the Energy Efficiency Implementation Program, 520.000 bulgarian lev (EUR […]

Bulgarian, Macedonian TSOs to conduct joint auctions for capacity allocation

Bulgarian electricity transmission system operator ESO and its Macedonian peer MEPSO have signed an agreement to conduct joint auctions for capacity allocation, the Bulgarian transmission system operator (TSO) said in a statement. The document was signed by ESO CEO Ivan Yotov and MEPSO General Director Sašo Vasilevski during a joint session of the governments of […]

Bulgarian ESO plans to add 1,4 GW renewable energy by 2025

Bulgarian Electricity system operator (ESO/TSO) announced 1,8 GW boost in power generation capacity for a total of 52,6 TWh of electricity delivered to the network within the next 10 years, reports SEE News. This ambitious plan was published in a document on the ESO website, along with a plans for a development of Bulgarian power distribution […]