In April 2026, the Independent Bulgarian Energy Exchange (IBEX) experienced a notable shift in trading patterns, particularly within its day-ahead and intraday markets. The total electricity traded on the day-ahead market reached 2,585,059.9 MWh, reflecting an 8% decline from March’s figures. Despite this monthly decrease, year-on-year performance showed resilience, with traded volumes rising by 11.7% compared to April 2025, suggesting a strengthening market trajectory over a longer period.
The average baseload price on the day-ahead market settled at €90.99/MWh, which marks a significant 12% reduction from March’s average of €103.54/MWh. Additionally, the peak price saw a dramatic drop to €57.5/MWh, indicating a sharp 31% decrease month-on-month. Such price movements underscore the ongoing volatility in electricity pricing and its potential implications for market participants.
The participation level remained stable with 153 registered participants active in the day-ahead market, unchanged from the previous month. This stability may indicate a consistent interest among market players despite fluctuating prices and trading volumes.
<pConversely, the intraday continuous market demonstrated robust growth, with total trades amounting to 826,338.4 MWh. This figure represents a 10% increase compared to March and sets a new record for monthly traded volume within this segment. However, the average weighted price for intraday trading fell to €65.7/MWh, reflecting a substantial 25.5% decrease from March levels. The rising volume in intraday trading highlights an increasing reliance on short-term transactions as entities seek to navigate price fluctuations effectively.
The contrasting trends between day-ahead and intraday markets reveal critical insights into Bulgaria’s energy landscape, where traditional trading patterns are evolving amid changing market conditions. The data underscores the necessity for stakeholders to adapt strategies in response to both immediate price pressures and longer-term trends in energy consumption and production.
