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) […]
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 has successfully started intraday electricity market
The Independent Bulgarian Energy Exchange (IBEX) launched the intraday market (IDM) segment in Bulgaria on April 11. The minimum amount of electricity that can be traded is 100 kWh, and the price step is 10 euro cents. According to the IBEX’ statement, 20 participants already registered on this segment and they all can now submit […]
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 […]
BSE-Sofia takes over Bulgarian Energy Exchange
The state-owned Bulgarian stock exchange (BSE-Sofia) acquired 100% of the Independent Bulgarian Energy Exchange (IBEX) in a deal worth EUR 2.6 million. IBEX was established January 2014, as a fully-owned subsidiary of the state-owned Bulgarian Energy Holding (BEH). “EUR 2 million was paid upon the acquisition of the shares, while the remaining EUR 600.000 will […]
UPDATE: Green light for selling of IBEX to Bulgarian Stock Exchange
Article from August 10 updated with new information. State-owned Bulgarian Energy Holding (BEH) has got the green light to sell the Independent Bulgarian Energy Exchange (IBEX) to the Bulgarian Stock Exchange (BSE), Bulgarian government announced. Th Government of Bulgaria has announced that it has given its approval to the Bulgarian Energy Holding to sell 100 […]
IBEX in talks about coupling with Greece, Romania
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 […]