Dear IBEX members,
We would like to inform that as from 01.11.2018 the settlement fee for the market segment CMBC is reduced from 0.03 BGN / MWh to 0.01 BGN / MWh. The change is made with respect to the analysis performed by IBEX and it is done in order to stimulatе the trade on this market segment by reducing the costs for participation without jeopardizing the financial stability of the market operator. In addition it should be underlined that this change is made on the basis of the following additional motives:
- After the entry into force of the amendments to the Energy Act of 01.07.2018 and their impact on the CMBC market segment it is noted an increase of the liquidity above the planned levels in the business plan of the company;
- IBEX has changed its position on the CMBC – its role as a counterparty to all transactions is ceased.
The reduction will be applied to all the transactions with delivery after the 01.11.2018.