Bulgaria's BEE Eyes Power Exchange Operator Permit, TSO Partnership
Thursday, 07 November 2013
The Bulgarian Energy Exchange AD (BEE) company said it has applied for a permit to operate a power exchange and has invited the country's power transmission system operator, ESO, to join its shareholding structure.
BEE said in a statement it was co-founded by the European Power Exchange, EPEX SPOT SE, and Italy's Terna and Edison, among others.
BEE, whose statement listed no website or any other contact details, said it has also co-founded with its EU-based partners Bulgarian Clearing Company AD which will provide financial and technical clearing services for the planned power exchange.
Talks with ATOS SE on the supply of an electronic trading platform for the planned exchange are at an advanced stage, the statement added.
ESO had earlier applied to run a day-ahead electricity trading market - planned to start operations in early 2014, but last month SEWRC said the application had been pulled.