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09.02.2018 13:28
5% Lower Prices on the Day Ahead Market in January

  • © IBEX

Price on the Day ahead market in January are 5% lower than in December, according to latest data by the Independent Bulgarian Energy Exchange (IBEX). The weighted average price for the first month of 2018 is BGN 76.19 per MWh, the exchange monthly reports shows.

Total monthly traded volume has also decreased in January – by 2% compared with December down to 421 262.40 MWh. As a result, the total turnover on the Day ahead market is 7% lower at BGN 32.095 million.

The highest price in January was BGN 213.24 per MWh and the lowest – BGN 18.25 per MWh.

Of 56 registered market participants on the exchange 42 were active in January.

The price for last month is slightly higher – around 1.5% – when compared to January 2017. Then IBEX reported weighted average price of BGN 77.37 per MWh and a volume of 216 592.50 MWh. We remind that last January, because of extremely cold weather, the state-owned power plants – NEC, NPP Kozloduy and TPP Maritsa East 2 withdrew volumes from the exchange and redirected them to the public electricity supplier in order to meet the needs of the population. At the same time there was an export ban on electricity originating from Bulgaria.

TAGS: price | volume | IBEX | energy exchange | January | report 

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