Bulgarian electricity exchange IBEX opened the registration process for its new auction trading platform for Guarantees of Origin (GOs) on 31 March 2025 ahead of Bulgaria’s pending connection to the Association of Issuing Bodies (AIB) Hub.
It is still unclear when the Hub connection will happen. One of the last remaining tasks is to adopt the methodology for energy mix disclosure by the electricity suppliers, according to Bulgarian GO registry SEDA. Hub communication also needs to be developed.
Once connected, the market could see boosted cancellations of Bulgarian GOs since they will be freely exported to the rest of the AIB.
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