In July 2024, the Independent Bulgarian Energy Exchange (IBEX) saw a total of 2,432,397.5 MWh of electricity traded on its day-ahead market, marking a 15.6% increase compared to the previous month. The average daily traded volume for the month was 78,464.4 MWh. Compared to July 2023, the traded volume increased by 20.3%.
The average baseload price on the day-ahead market in July 2024 was 136.47 euros/MWh, representing a 39.4% rise from June’s price of 97.92 euros/MWh. The average peak price also saw a significant increase, reaching 116.94 euros/MWh, up by 47.1%. The IBEX day-ahead market had 120 registered participants, two more than in June.
On the intraday market, a total of 288,783.2 MWh was traded, showing a 3.3% increase. The average weighted price on the intraday market was 134.07 euros/MWh, up by 32.9%.
