IBEX Base (10.12.2018) : 147.67 BGN, 20734.80 MWh, IBEX Peak (10.12.2018) : 203.77 BGN 11291.7 MWh, IBEX Off-Peak (10.12.2018) : 91.57 BGN 9443.1 MWh

Day Ahead market auction with delivery date 11 October 2018 (Updated)
 10.10.2018 04:10
News

Independent Bulgarian Energy Exchange EAD (IBEX), a subsidiary of Bulgarian Stock Exchange AD (BSE) would like to inform the market participants that due to a technical mistake which led to unprecedented Day ahead prices and an acknowledgement and a letter from the market participant for it, the Market operator considers that the bid in question creates very high risk and impedes the process of price calculation which leads to improper distribution of the traded volumes in the Bulgarian market zone. As a result IBEX EAD will start a procedure for the re-run of the Day ahead market auction.
 
The results from the re-run are expected soon.
 
In case the re-run is unsuccessful the auction session for delivery date 11 October 2018 will be declared cancelled.
 
IBEX EAD would like to apologise to all market participants for the inconvenience caused and at the same time thank the market participants and ESO EAD for the demonstrated understanding and professionalism.

We will keep you updated as soon as the final information about the auction session is available.



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