ATEB – Association of traders with electricity in Bulgaria

Interview of Martin Georgiev about the market situation

The interview with the chairman of ATEB, Martin Georgiev was published on the energy news portal 3e-news. Mr. Georgiev, for half a year we have been witnessing constantly rising electricity prices on the free market. What actually happened and continues to happen? What is your...

18.01.2022

Record revenues for Bulgaria from emission allowances

Annual revenues from emissions trading (EUA) of Bulgaria in 2021 reached 830.9 million euros (1.6 billion levs) or nearly twice as much as the previous year according to the European Energy Exchange (EEX), reports Energy Management Institute. Bulgarian allowances are traded on a...

17.01.2022

Cap prices for offers on the balancing market

The regulator has adopted a decision setting cap prices for balancing energy offers. For the provision of a system service for upward regulation is the cap is set at DAM + 100 BGN, where the DAM is the hourly price on the day-ahead market of IBEX. Linking the price cap to the...

06.01.2022

Generation, consumption and export of electricity in 2021

In Bulgaria 2021 saw an increase in electricity production by 17% compared to 2020, mainly due to higher production of hydropower by 51% and conventional power plants by 15%. At the same time there was an increase in consumption of about 4% to 38.9 TWh, but most of the increased...

06.01.2022

EWRC has banned the merging of balancing groups

The controversial ban proposed by the EWRC against the pooling of the balancing groups was adopted on 24.12.2022 with changes in the Electricity trading rules (ETR). The Regulator did not wait for the answer of the European Commission to the questions asked about the effects of...

05.01.2022

New estimated market price for RES

On January 1, 2022, the Regulator (EWRC) adopted and published a decision to reduce the premiums for producers from renewable energy sources. The new estimated market price for renewable energy sources approved by the EWRC is 147% higher than the one reflected in the current...

04.01.2022

Europe influenced by high energy prices

Rising energy prices in Europe are causing huge losses to the region’s largest gas and electricity consumers. This has forced industrial giants to cut production, threatening the region’s economic recovery. As energy costs rise to new heights day by day, financial...

30.12.2021

Moratorium on electricity prices for regulated market

Free Europe describes in detail the situation around the imposed moratorium on electricity prices for the regulated market: On Wednesday, December 15, 2022, in the midst of parliamentary debates, parliament party GERB proposed imposing a moratorium on prices for electricity, heat...

17.12.2021

The profit of NPP and BEH until Q4

High electricity prices on the free market have provided a nearly 200 percent increase in the profit of Kozloduy NPP for the first nine months of 2021, according to the financial report of the nuclear power plant. The company ended the period with 718 BGN million net profit,...

01.12.2021

Energy topics in the discussions for a new government

The four political parties involved in the discussion for forming a new government have reached a partial agreement on the energy policies. This became clear during the first round of negotiations on a coalition agreement. At the energy meeting, it turned out that the four...

24.11.2021

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