Electricity market

Representatives of three  Bulgarian ministries present support measures that the caretaker government plans in the energy sector. Representatives of the Energy Exchange and Energy Watchdog also participated in the briefing. 

Bulgarian police officers and employees of the special services (SANS) made a surprise inspection in the Energy and Water Regulatory Commission (EWRC), trying to understand the reason for the high electricity prices on the energy exchange.

State Agency for National Security (SANS) and the Ministry of Interior have requested information from the Energy and Water Regulatory Commission and the Independent Bulgarian Energy Exchange, the two institutions have told BNR. They did not specify what the required information was, but most likely these are documents related to electricity trading on the energy exchange.

The EC will design a "toolbox" of measures, that Member States can implement to respond to latest energy price spikes without breaching the Union's market rules, as consumers face a sharp rise in bills with winter approaching.

Energy prices will stay high, so people should make their consumption more efficient, government should help the vulnerable, and companies should pay a solidarity contribution, Chairman of Romania's Competition Council Bogdan Chiritoiu told AGERPRES on Wednesday.

The trade volume of Turkey's day-ahead spot electricity market increased by 83.7 percent in August compared to the same month of 2020, according to data provided by Turkey's Energy Exchange Istanbul (EXIST).

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The trade volume of Turkey's day-ahead spot electricity market increased by 87.3 percent in July compared to the same month of 2020, according to data provided by Turkey's Energy Exchange Istanbul (EXIST).

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Employers are starting a phasing out of production facilities, as of 00.00 am on August 4, 2021 and remain on alert. This is stated in a declaration of the Association of Bulgarian Employers' Organizations (AOBR).

The trade volume of Turkey's day-ahead spot electricity market increased by 62.2 percent in June compared to the same month of 2020, according to data provided by Turkey's Energy Exchange Istanbul (EXIST).

Turkey's Power Futures Market was launched on June 1 within the country's energy exchange, EXIST, to provide participants with the market stability and transparency.

Fatih Dönmez, Turkey's energy and natural resources minister, speaking at the opening ceremony said the market launch would contribute to the development of energy markets in the country.