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Bulgaria: IBEX reports record intraday trading volume and sharp rise in electricity prices in October 2025

In October 2025, a total of 2,365,222.6 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), marking a 1.9% decrease compared to September. The average daily traded volume reached 76,297.5 MWh, down 2.2% year-on-year.

The average baseload price rose sharply to 121.74 euros/MWh, up 29.8% from September’s 93.75 euros/MWh, while the average peak price increased by 55.3% to 127.35 euros/MWh. The number of registered participants on the day-ahead market grew slightly to 144.

On the intraday continuous market, trading activity reached a record-high volume of 586,004 MWh, up 29.2% compared to the previous month and surpassing the previous record from July by 20%. The average weighted price on the intraday market was 125.97 euros/MWh, a 39.2% increase month-on-month.

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