Chairman of Bulgarian Commission for Energy and Water Regulation (KEVR), Ivan Ivanov announced that the Independent Bulgarian Energy Exchange (IBEX) will start trading through bilateral contracts by 1 October.
According to Ivanov, this move will increase trading volumes, reduce prices and allow many more electricity producers to join the trading at the energy exchange. Currently, IBEX is trading through bilateral contracts only in test mode.
Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and trading data, tenders)
Subscription fee: 800 EUR annually – company licensed
Tags: bilateral trade, Bulgaria, electricty, energy exchange, IBEX, KEVR, power exchange