First successful real trading session

Independent Bulgarian Energy Exchange would like to thank all the trading participants, who had the courage to insert their purchase and sale bids during the first real trading session with a delivery day – 20th January, 2016.

We would like to announce that the initial planned liquidity for this market segment was achieved due to the Bulgarian state, through the Bulgarian Energy Holding, which made every effort to ensure sale bids, offering the electricity quantities in respect to the commitments that were undertaken. According to the schedule for conducting trading auctions and in reference with the first trading results, we would like to inform you that for this first session the Supply was higher than the Demand. We highly believe that during the following auctions a significantly higher activity by the trading participants would be met which would form more realistic clearing price of the traded volumes for each delivery hour.