IBEX Ends the Week Above €200/MWh as Gas Prices and High Residual Load Renew Price Pressure
Advices

IBEX Ends the Week Above €200/MWh as Gas Prices and High Residual Load Renew Price Pressure

The average baseload price on the Independent Bulgarian Energy Exchange reached €172.42/MWh for the period from 7 to 11 September

Kozloduy NPP’s Restored Output Failed to Lower Regional Electricity Prices
Advices

Kozloduy NPP’s Restored Output Failed to Lower Regional Electricity Prices

The average baseload price on the Independent Bulgarian Energy Exchange reached €179.78/MWh over the period from 31 August to 4 September.

Low Danube Levels Curtailed Nuclear Generation and Kept Regional Electricity Prices High
Advices

Low Danube Levels Curtailed Nuclear Generation and Kept Regional Electricity Prices High

The average IBEX baseload price over the five working days reached €170.78/MWh.

Advices

Trading on the Day-Ahead Market Segment of IBEX will be conducted in 15-minute time intervals
Regulations

Trading on the Day-Ahead Market Segment of IBEX will be conducted in 15-minute time intervals

This decision has been adopted by the Single Day-Ahead Coupling (SDAC) and is being implemented across all European markets with the aim of achieving more accurate pricing

General principles for the allocation of imbalances of EL BONUS EOOD
Regulations

General principles for the allocation of imbalances of EL BONUS EOOD

When carrying out our activity, we remind you of the application of the General Principles for the distribution of imbalances in the standard balancing group and the combined balancing group

80% of compensations for electricity prices over BGN 200 / MWh will be received by the business for May and June
Regulations

80% of compensations for electricity prices over BGN 200 / MWh will be received by the business for May and June

The government, employers and unions have agreed on compensation for high energy prices.

Closing the loop – inclusion of the Bulgarian-Romanian border to the Single Day-Ahead Coupling (SDAC)
Regulations

Closing the loop – inclusion of the Bulgarian-Romanian border to the Single Day-Ahead Coupling (SDAC)

Market coupling operations for the Bulgarian-Romanian border in SDAC were successfully launched on Wednesday 27th of October 2021, with first delivery day 28th of October 2021.

Price reduction for companies purchasing electricity on the free market
Advices

Price reduction for companies purchasing electricity on the free market

As of 1 November, more than 250,000 small and medium-sized enterprises which buy electric energy on the free market will pay reduced prices.

Bulgaria-Romania Day-Ahead Market Coupling Project is ready for Go-live
Regulations

Bulgaria-Romania Day-Ahead Market Coupling Project is ready for Go-live

Following successful completion of all testing activities, the Go-live for the Bulgaria-Romania Day-Ahead Market Coupling Project is reconfirmed for 27 October 2021.

Renewable Energy Investment Guide for Central Eastern & Southeast Europe
Advices

Renewable Energy Investment Guide for Central Eastern & Southeast Europe

Created by PONTES the CEE laywers, Karanovic & Partners and Enervis.

Non-household customers are obliged to choose their supplier on the free electricity market.
Regulations

Non-household customers are obliged to choose their supplier on the free electricity market.

From 1 July 2021, non-domestic customers connected to a low-voltage electricity distribution network are obliged to choose their supplier on the free electricity market.

 Liberalization of the Bulgarian energy market: the process in progress
Regulations

Liberalization of the Bulgarian energy market: the process in progress

In her article Liberalization of the Bulgarian Energy Market: Process in Progress, Ms. Dobrina Pavlova, Head of Energy and Capital Markets at Gugushev & Partners Law Office, provides an informative and concise analysis of this complex topic.