PRESS-ANNOUNCEMENT ON THE ELECTRICITY MARKET PROBLEMS

2017-March30-El_Energy1

In the course of our actions as a responsible nationally representative employers’ organization on the issues we have signaled in the electricity market, we welcome the efforts to normalize tradable volumes and pricing of the platforms of Bulgarian Independent Energy Exchange EAD. We expect results for both the “day ahead” and the “bilateral contracts” segment – with particular attention being paid to this market from the perspective of industrial consumers.

We are confident that the adequate supply, as well as the responsible and committed behavior of the trading participants, will allow us to achieve reasonable balanced price levels.

Analyzing the volumes in the last week, we are convinced that there are still significant opportunities regarding the volumes offered for bilateral trade – both in TPP Maritsa East 2 AD and Kozloduy NPP covering the problematic winter period for the first quarter 2019, without affecting the volumes offered by those companies in the “day ahead” segment.