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Bulgarian energy exchange in a testing mode till mid-January

Today 11th of December in hotel Balkan, Sofia was held an official demonstration session of the Independent Bulgarian energy exchange (IBEX), which gave the start of the testing period of IBEX. The energy minister Petkova said that a real trading on the exchange with a day-ahead...

IBEX became an associate member of PCR

On 23th of November 2015, IBEX successfully became an associate member of Price Coupling of Regions (PCR) initiative. This is an important step that IBEX took toward the implementation of the PCR algorithm (EUPHEMIA) for day-ahead market operations, as well as a main prerequisite...

IBEX registration procedures and tariffs

Independent Bulgarian energy exchange (IBEX) published on its webpage the tariffs and the registration procedure for participation on the energy exchange. Market participants will have the opportunity to choose between two tariffs with variations in the annual fee and the...

The renovation of the sixth reactor of NPP Kozlouy is completed

On 27th of October the planned renovation of the sixth reactor of NPP “Kozloduy” was completed. The reactor was launched in parallel with the electricity system of the country in 18:04. It started operation after a security check and approval of the Nuclear regulatory agency. In...

ACER starts receiving data for the surveillance of the energy markets

The requirement to report records of wholesale energy market transactions, including orders to trade, is part of the new monitoring framework established by REMIT to detect and deter market abuse in wholesale energy markets. This framework anticipates a shared responsibility...

Bulgarian energy exchange starts at the beginning of December

Bulgarian independent energy exchange (IBEX) is planned to start operation on 8th of December 2015. This was announced on the press conference by the CEO of IBEX Konstantin Konstantinov during the workshop on “Bulgarian energy exchange – what, how and when?” The date for...

Planned renovation of 6th nuclear reactor of NPP Kozloduy

On 5th of September the 6th reactor of NPP Kozloduy was stopped for scheduled annual renovation. During the shutdown period all the necessary repairs and maintenance of the equipment and the systems of the reactor will be performed as well as a recharge with fresh nuclear fuel....

Complete liberalization of the electricity market at the beginning of 2016

At the beginning of 2016 the government is determined to complete the liberalization process of the Bulgarian electricity market, stated the energy minister Temenujka Petkova. She attended the signing of a contract between Bulgarian Energy Holding (BEH) and World Bank for...

Electricity prices for the new regulatory period

The new electricity prices will be valid from 1st of August 2015 till 30th of June 2016 Energy and water regulatory commission (EWRC) determined an even price for “obligations to society” for consumers on the regulated and on the free market. According to the new price decision...

Announcement from EC regarding the case for dominant market position of BEH

The European commission has published an announcement related to the ongoing case for dominant position of Bulgarian Energy Holding (BEH) on the market for the wholesale supply of electricity at freely negotiated prices in Bulgaria. On the page of the Commission can be found a...