By more than 3%, the price of electricity on the Bulgarian energy exchange will increase for tomorrow

by times news cr

2024-08-28 17:09:31

Electricity was traded today on the Bulgarian Independent Energy Exchange (BNEB) at an average price of BGN 383.57 (without VAT) per megawatt hour, according to trading data in the “Day Ahead” market segment after the close of the exchange. Deals are based on tomorrow’s delivery day, August 29th.

The energy exchange closed yesterday at an average price of BGN 370.98 per megawatt hour. This means that the electricity for tomorrow for the Bulgarian business will be more expensive by 3.39 percent compared to its price with a day of delivery for today.

The average price of peak energy (09:00-20:00) for tomorrow is BGN 433.05 per megawatt hour. Off-peak energy (01:00-08:00; 21:00-24:00) was traded at an average of BGN 334.10 per megawatt hour, writes BTA.

The lowest price within today’s session, with tomorrow’s delivery day, is BGN 211.11 per megawatt hour, reached for the period 11:00-12:00, and the highest is BGN 1,493.84 per megawatt hour – for 19:00-20:00.

Data from BNEB show that a total of 70,117.90 megawatt hours of electricity were sold.

In the “Intraday” market segment, BNEB reports a total traded volume of 7,261.20 megawatt hours in the 60-minute products, with the weighted average daily price being BGN 330.23 (without VAT) per megawatt hour.

BTA recalls that the Council of Ministers adopted a program for providing compensation to non-domestic end customers of electricity. The compensations are linked to electricity prices for non-domestic end customers and are for the period from July 1, 2024 to December 31, 2024, subject to state aid rules. They will be in the amount of 100 percent of the difference between the real average monthly exchange price for base load of the “day ahead” segment of the “Bulgarian Independent Energy Exchange” for the relevant month and the base price of BGN 180/MWh for non-domestic end customers, regardless which network they are connected to.

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