The Bulgarian Free Energy Market Association (ASEP) said in a statement sent to the Commission for Energy and Water Regulation (KEVR) that strategic electricity producers who also sell on the regulated market should be imposed a quota for their placements on the Independent Bulgarian Electricity Exchange (IBEX), so that there are no price distorsions on the day-ahead market.
The association also warned that the lingering low liquidity on the day-ahead market is signaling an even lower liquidity on the intraday market which is yet to be launched. ASEP also pleaded with the KEVR to exempt all renewable energy producers from participation fees on IBEX when the intraday market is launched.
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Tags: ASEP, Bulgaria, electricity, electricity exchange, financial, IBEX, intraday