Independent Bulgarian Energy Exchange EAD and Electricity System Operator EAD took part in a project for market coupling of the "Intraday market" (IDM) through the Bulgarian-Romanian electricity border
 13.09.2018 14:22
News

Independent Bulgarian Energy Exchange EAD and Electricity System Operator EAD are pleased to inform the market participants and all interested parties that as a result of its efforts towards the market integration at regional and European level and in compliance with the provisions of the European legislation, they became part of a project for market coupling of intraday markets (IDM).

This regional project, called the Local Implementation Project 15 (LIP 15), involving the market operators and transmission system operators of Romania, Hungary, Croatia, Slovenia, Czech Republic, Poland, Austria, Germany and already Bulgaria, has as its ultimate goal the accession of the Bulgarian Market Zone for the Intraday Timeframe to the European Single Intraday Market Coupling project, represented by XBID (Cross Border Intraday) via the BG - RO border together with the so-called "XBID second wave" planned for go-live by the end of June 2019.

Independent Bulgarian Energy Exchange EAD and Electricity System Operator EAD will focus their efforts and all necessary resources for the successful completion of this project within the planned deadline, while we rely on the irrevocable support of the Bulgarian institutions for overcoming the obstacles of regulatory and organizational nature and also on a valuable support on the side of the market participants.



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