Bilgarian Energy Exchange Started Operation in Test Mode

11.12.2015

On December 11, 1074 MWh of TPP "Maritsa Iztok 2" were traded during the demonstration test session of the Independent Bulgarian Energy Exchange (IBEX).

Currently there are 17 registered market participants. It is expected that their number will increase in the future.

Bulgaria is one of the last countries in Europe to introduce energy exchange. Expectations are that it will result in market-based electricity tariffs. Initially the exchange will work as a "day ahead" market and later - real-time trade will be possible.

At full volume the stock exchange will start operation in the beginning of 2016.

Source: Information Agency "Focus"