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Emissions and gas prices continue to rise

An article published in 3e-news notes that the value of emission allowances in Europe continues its upward trend. Five days ago the futures for December reached 50 euros per ton, more than doubling compared to the level before the coronavirus pandemic. On Monday, May 10, emission...

Changes of the power exchange operational rules

The Energy and Water Regulatory Commission proposed amendments to the operational rules of the power exchange. The main contributor to the project is the Independent Bulgarian Energy Exchange (IBEX). According to the EWRC and IBEX, the changes in the rules are necessary due to...

The Regulator is considering adopting new prices for the Suppliers of last resort

Capital published an article highlighting regulator’s plans to adopt a new methodology for setting electricity prices for Suppliers of last resort (SLR). You can find the complete article at:...

Investments in the energy sector part of the recovery plan

The newspaper 24 Chasa published an article focused on the key investments envisaged in the third edition of the Recovery plan. An overview of the investment in the energy sector is presented below. Total investments for a green transition of the economy have increased by nearly...

Individual targets under the energy efficiency obligation scheme

The Sustainable energy development agency (SEDA) published a list of obliged parties under the energy efficiency obligation scheme (EEOS). The list contains the names of energy traders and traders of fuels and their designated individual targets for 2021: The new EEOS, alongside...

Sanctions methodology for market violations is in force

On April 14, 2021, the methodology for determining sanctions and fines for manipulation of the power market (violations under the REMIT Regulation) entered into force. The methodology was developed by the Energy and Water Regulatory Commission (EWRC). In general, the sanctions...

Principles for the development of successful energy markets and the role of sectoral associations

Sectoral and business associations contribute to the strengthening of regulatory institutions by providing their expertise in developing new regulatory framework and mechanisms for its implementation. Business associations are usually voluntary organizations uniting companies...

Bulgarian electricity market in 2020

The Energy and Water Regulatory Commission (EWRC) has adopted its annual report for 2020. The annual report includes detailed information on the work of the Commission in the sectors – “Electricity and heat”, “Natural gas”, “Water and Sewerage...

Data of the natural gas market in 2020

The ten-year network development plan (2020-2030) of the infrastructure for transmission and storage of natural gas of Bulgartransgaz EAD outlines the vision for development of the company in its capacity as an independent transmission operator and operator of underground gas...

Interview Martin Georgiev: Power producers use mainly DAM on IBEX

Mr. Georgiev, with the amendments to energy law, all non-household consumers are obliged to enter the liberalized market. What has changed for electricity traders? Currently, about 75% – 80% of small non-domestic consumers who were obliged to enter the free (liberalized)...