Publications Bookmark and Share

Electricity Exchange Simulation at Sofia University
students from the Master Programme “Economics and Management in Energy, Infrastructure, and Utilities” at the Faculty of Economics and Business Administration, Sofia University Kliment Ohridski, participated in a game based on the German EEX and Czech OTE

On June 3, sixteen students from the Master Programme “Economics and Management in Energy, Infrastructure and Utilities” at the Faculty of Economics and Business Administration, Sofia University Kliment Ohridski, had the opportunity to participate in an electricity exchange simulation. The game was organised by German energy expert Alois Tost, with the mediation of Assistant Professor Atanas Georgiev, secretary of the Master Programme.

The simulation is based on the functioning of energy markets such as those in Leipzig, Germany (EEX) and Prague, the Czech Republic (OTE). Each of the five teams had to manage a portfolio of energy generation units (nuclear, coal, gas and cogeneration) according to a set of reality-based expenses and power exchange participation terms and conditions. The simulation has already been tested more than 30 times by university students’ teams in 10 universities across Germany, Austria and the Czech Republic.

The team compromising Kremena Tranakieva, class of 2014, and Nikola Vasilski and Lyubomir Karabozhikov – both alumni of the Master Programme and employed in the electricity trading sector in Bulgaria, was pronounced winner at the end of the Bulgarian session.

Alois Tost, creator of the simulation, graduated from TU Dresden, Germany, and has worked at the Swedish utility company Vattenfall, as well as at the Finnish Wärtsilä. As of 2004, he has been taking part in various energy policy and economics-related initiatives. Independent consultant in energy economics and technology in Germany and the Czech Republic since 2011, Alois Tost has been regularly teaching classes in utility economics in Central Europe.

No published comments
Login to comment


17.09.2020  Boyana Achovski, General Secretary of the international organization Gas Infrastructure
In both short and long term, gas will continue being part of the energy mix of Southeastern Europe
Full text


No records in this category!

Poll asks: What will you use to heat your homes this winter?


We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.


What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.