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Over 42 percent cheaper electricity for Bulgarian business for tomorrow

Data from the Bulgarian Independent Energy Exchange

Nov 14, 2024 22:12 34

Over 42 percent cheaper electricity for Bulgarian business for tomorrow  - 1

At an average price of BGN 379.57 (without VAT) per megawatt hour, the electricity of the Bulgarian Independent Energy Exchange was traded today Stock Exchange (BNEB), according to the trading data in the "Day Ahead" market segment. after the stock market closes. Deals are based on tomorrow's delivery day, November 15.

The energy exchange closed yesterday at an average price of BGN 655.17 per megawatt hour. This means that the electricity for tomorrow for the Bulgarian business will be cheaper by 42.07 percent compared to its price with a day of delivery for today.

The average price of peak energy (09:00-20:00) for tomorrow is BGN 430.65 per megawatt hour. Off-peak energy (01:00-08:00; 21:00-24:00) was traded at an average of BGN 328.48 per megawatt hour.

The lowest price within today's session, with tomorrow's delivery day, is BGN 211.74 per megawatt hour, reached during the period 3:00-4:00 a.m., and the highest is BGN 982.55 for megawatt hour - for 7:00-8:00 hours.

Data from BNEB show that a total of 81,029.10 megawatt hours of electricity were sold.

In the market segment "Intraday" To date, BNEB reports in the 60-minute products a total traded volume of 11,105.50 megawatt hours, with the weighted average daily price being BGN 866.59 (without VAT) per megawatt hour. In the 15-minute products, the weighted average daily price is BGN 677.15 (without VAT) per megawatt hour, and 1056.02 megawatt hours of electricity have been sold to date.

The Council of Ministers adopted a program for providing compensation to non-domestic end customers of electricity. The compensations are linked to electricity prices for non-domestic end customers and are for the period from July 1, 2024 to December 31, 2024, subject to state aid rules. They will be in the amount of 100 percent of the difference between the real average monthly exchange price for base load of the "day ahead" segment. of the "Bulgarian Independent Energy Exchange" for the relevant month and the base price in the amount of BGN 180/MWh for non-residential end customers, regardless of which network they are connected to.