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Bulgarian power exchange IBEX plans GO trading platform by end of 2023

Bulgarian electricity exchange IBEX is planning to launch a platform for trade of guarantees of origin (GOs) by the end of the year, provided the country becomes a full member of the Association of Issuing Bodies (AIB).

Current market conditions Trading of Bulgarian GOs is currently limited with transactions done bilaterally over the phone or via auctions organised by state-owned utility NEK which owns the majority of hydro power assets in the country (2.7GW). The GOs c...

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