Bulgaria expects power market coupling with Greece to go live on May 11

Bulgaria expects power market coupling with Greece to go live on May 11

The Independent Bulgarian Energy Exchange (IBEX) said that the expected go-live date of the day ahead electricity market coupling with Greece is May 11.

The planned go-live date is subject to the successful finalization of the testing phase and the receival of all relevant approvals by the Greek and Bulgarian regulators, IBEX said in a statement on Tuesday.

The project testing phase will include member tests at the end of April.

IBEX, established in 2014, holds a 10-year license by the State Energy and Water Regulatory Commission for organizing a Power Exchange for electricity in Bulgaria. IBEX is a wholly-owned subsidiary of the Bulgarian Stock Exchange, which acquired the company in 2017.

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