In February 2026, the Independent Bulgarian Energy Exchange (IBEX) recorded a total of 2,668,112.2 MWh traded on its day-ahead market, indicating a 7% decrease from January’s figures. The average daily traded volume during this period was 96,004 MWh. Notably, despite the drop compared to January, February’s trading volume surpassed the same month last year by 3.9%, highlighting some resilience in year-on-year performance.
The decline in trading volume coincided with a significant reduction in market prices. The average baseload price on the day-ahead market fell to 99.57 euros/MWh, which represents a substantial 33% drop from January’s average of 148.55 euros/MWh. Additionally, the average peak price decreased to 103.52 euros/MWh, reflecting a 40% decline over the same timeframe. The stability in participation was evident, as the number of registered participants remained unchanged at 150.
<pOn the intraday continuous market, trading activity also experienced a downturn. A total of 552,646.1 MWh was traded, marking a 17% decline compared to January. The average weighted intraday price saw a notable decrease as well, falling to 92.53 euros/MWh, which is down by 41% from the previous month.
The observed trends in both day-ahead and intraday markets suggest a tightening of market conditions in Bulgaria’s electricity sector for February 2026. These developments may prompt further analysis among stakeholders regarding supply-demand dynamics and pricing strategies moving forward.
