Bulgarian power exchange day ahead market posts daily traded volume record

Bulgarian power exchange day ahead market posts daily traded volume record

The Independent Bulgarian Energy Exchange (IBEX) said that its day ahead market recorded a new all-time high daily traded volume, as 68,043.30 MWh of electricity traded for delivery on Tuesday.

The new record translates to an average hourly load of 2,835.14 MW, IBEX said in a statement.

The day ahead market registered a monthly traded volume record in December, of 1,754,887.8 MWh.

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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