Rules for amendment and supplement of the Power Exchange Operational Rules (PEOR) were promulgated in State Gazette 4/15.01.2021. The amendments adopted by the Energy and Water Regulatory Commission concern the following:
- The current wording of art. 166 becomes par. 1;
- A new par. 2 is added to art. 166 pursuant to which the Operator may temporarily suspend the operation of BC ETS concerning any of the trading screens part of Bilateral contracts market segment in the event of there being no liquidity or for another reason. Pursuant to the new provision suspension of the operation of the respective screen on BC ETS may be initiated by the operator following a decision of the Customer Advisory Board to IBEX EAD. The operator shall have to notify all trading participants and to publish a notice on its website regarding the suspension of the operation of the respective screen of BC ETS providing the grounds for the suspension and indicating its start and end date. The operation of the respective screen of BC ETS shall be restored on the first working day after expiry of the period of the suspension.
In accordance with the Final provision of the Rules for amendment and supplement of PEOR, the amendments hereabove are effective as of 15.01.2021.