Home NewsAnalysisEventsBulgarian regulator equipped by new AI tool against market abuse

Go back

Go Back

Весела Катрева

Bulgarian regulator equipped by new AI tool against market abuse

The Energy and Water Regulatory Commission (EWRC) in Bulgaria is equipped by a new specialized software model for analysing the wholesale energy market. The integration of this model into work of the reponsible unit “Monitoring and Control of the Implementation of Regulation № 1227/2011 (REMIT) Division will improve significantly monitoring, analysis, detection and reporting on …

Bulgarian regulator equipped by new AI tool against market abuse Read More »

Block offers on DAM are now offered by IBEX

As of 15 November this year, IBEX now provides the opportunity to submit block offers on the Day-Ahead market segment. The market participants have the possibility to choose between four types of block orders (regular block order, curtailable block order, linked block order, profile block order) depending on their wish whether the transaction should cover …

Block offers on DAM are now offered by IBEX Read More »

ЕU power sector calls to avoid restrictions and constraints to renewable electricity generation in the Nature Restoration Regulation

EU power sector calls to avoid restrictions and constraints to renewable electricity generation in the Nature Restoration Regulation  Against the backdrop of the war in Ukraine, the European Union (EU) faces the complex challenge of balancing energy security, affordability and competitiveness while making the transition to a decarbonised economy. Simultaneously, the world is facing an …

ЕU power sector calls to avoid restrictions and constraints to renewable electricity generation in the Nature Restoration Regulation Read More »

National Roadmap for the Hydrogen Development

The Ministry of Innovation and Growth published yesterday a document entitled “Hydrogen Future for Bulgaria“, which is a National Roadmap for improving the conditions and unlocking the potential for the development of hydrogen technologies and hydrogen production mechanisms. The development of the Hydrogen Roadmap is set as a reform in the National Recovery and Resilience …

National Roadmap for the Hydrogen Development Read More »

Lignite-fired electricity generation maintained its domination despite a drop of nearly 2TWh

According to ENTSOE operational data, country’s electricity generation in Q1 2023 (12 TWh) remained considerably below last year’s boom (-18.3%) as regaining values of 10-12 TWh and thus, bringing it closer to the values typical for that time of the year. Despite the considerable drop in lignite-fired electricity generation by nearly 2 TWh, it still …

Lignite-fired electricity generation maintained its domination despite a drop of nearly 2TWh Read More »

Natural gas consumption in a thirteen-year record-low drop-off

In 2022, natural gas market experienced some serious hardships. EU package of sanctions against Russia evoked by its invasion in Ukraine, Gasprom suspension of pipeline gas supplies, high gas market prices and EU measures to optimise gas consumption – all these had an impact on gas supply and demand. In the country, last year’s gross …

Natural gas consumption in a thirteen-year record-low drop-off Read More »

High prices and revenues from the Emission Trading Scheme in Q1 2023

In the first quarter of 2023, revenues generated by trading in European emission allowances (EUA) amounted to EUR 311 million or 49% higher than for the same period of 2022, as indicated by EEX data. To date, this is the largest value for that period of the year. Particularly strong were February and March, when …

High prices and revenues from the Emission Trading Scheme in Q1 2023 Read More »

Round Table on the topic “THE DEVELOPMENT OF ELECTRICITY NETWORKS – EUROPEAN AND NATIONAL TRENDS AND PROBLEMS”

The Energy Management Institute (EMI) is organizing a Round Table on the topic “THE DEVELOPMENT OF ELECTRICITY NETWORKS – EUROPEAN AND NATIONAL TRENDS AND PROBLEMS”, which will take place on 23 February 2023 in the Grand Hotel Sofia from 09.30 to 13.30. We invite you to take part in the work of the Round Table! …

Round Table on the topic “THE DEVELOPMENT OF ELECTRICITY NETWORKS – EUROPEAN AND NATIONAL TRENDS AND PROBLEMS” Read More »

Record-high prices and ETS revenues persisted in 2022

Over the last few years, Bulgaria has marked annual records in revenues from EUA trading. No deviations from that trend were observed in 2022. According to the European Energy Exchange (EEX) data, 2022 annual revenues increased over 31% and exceeded one billion euro. On monthly basis, the largest revenues were obtained in May reaching EUR …

Record-high prices and ETS revenues persisted in 2022 Read More »

Electricity generation in 2022: record-high from lignite-fired and solar power plants

In 2022, country’s electricity generation amounted to 49 948 GWh or a 6.5% growth compared to the previous year according to ENTSOE operational data. The 2021 upward trend observed in lignite-fired electricity generation (+22.9%) was maintained in 2022. During the colder months (January, February, March, November and December) lignite generated over 2 000 GWh (on …

Electricity generation in 2022: record-high from lignite-fired and solar power plants Read More »

Share: