Trading activity on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX) increased in March 2026, with a total of 2,823,293.9 MWh of electricity traded, marking a 5% rise compared to February. The average daily traded volume reached 91,074 MWh, while on a year-on-year basis, traded volumes were 18% higher than in March 2025, indicating strengthened market liquidity and participation.
Price movements showed mixed trends during the month. The average baseload price on the day-ahead market stood at 103.54 euros/MWh, reflecting a 4% increase from February’s 99.57 euros/MWh. In contrast, the average peak price dropped significantly by 20%, settling at 83.07 euros/MWh, suggesting softer demand or improved supply during peak hours. The number of registered market participants rose to 153, an increase of three compared to the previous month, further pointing to growing market engagement.
On the intraday continuous market, trading activity surged more strongly. A total of 754,579.6 MWh was traded, representing a substantial 37% increase compared to February. Despite higher volumes, the average weighted price declined by 4.7%, reaching 88.19 euros/MWh, indicating increased short-term supply flexibility and possibly more efficient balancing within the market.