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Bulgaria
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Bulgarian regulator sets regulation up/down limit prices for balancing energy market

Dec 23, 2014, 12:12:06 PMArticle by Borislava Andreevska
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SOFIA (Bulgaria), December 23 (SeeNews) – The Bulgarian energy regulator said it has determined the limit prices at which deals for upward and downward regulation on the balancing energy market should be settled as of January 1, 2015.

Bulgarian regulator sets regulation up/down limit prices for balancing energy market
Author: Kevin Dooley; License: CC BY 2.0

The limit price for the settlement of deals for upward regulation is set at 202 levs ($126/103 euro) per megawatt-hour (MWh), whereas for downward regulation deals it is 0.0 levs per MWh, the State Energy and Water Regulatory Commission (SEWRC) said in a notice published on its website on Monday.

The regulator's decision was adopted on December 19 and can be appealed within 14 days before the Supreme Administrative Court.

(1 euro = 1.95583 Bulgarian levs)

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