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Bulgarian exchange power 18.28% cheaper on Wednesday at €245.14/MWh

After two days of increases, the IBEX average price for 21 October drops by almost €55 to €245.14 per megawatt-hour excluding VAT. Both peak and off-peak hours get cheaper and volume falls by about 2.9%.

Graphic: electricity prices on the IBEX exchange, 21.10.2026 (own graphic)
Graphic: TERRA WORLD NEWS (own graphic based on the sources listed)

Data as of: IBEX day-ahead: delivery Wednesday 21 October 2026 (published on the afternoon of 20 October); compared with Tuesday 20 October; prices for Thursday 22 October due today around 14:30 Sofia time

Base (average) 21 Oct245.14EUR/MWh −18.28 %
Peak 21 Oct234.17EUR/MWh −16.81 %
Off-peak 21 Oct256.10EUR/MWh −19.59 %
Traded volume 21 Oct88,668MWh −2.85 %

The Independent Bulgarian Energy Exchange (IBEX) is the marketplace where producers, traders and large consumers buy and sell electricity. On the day-ahead market, the price for every hour is set in an auction the day before. For Wednesday 21 October, the average price across the whole day (base) is €245.14 per megawatt-hour excluding VAT – 18.28% less than on Tuesday (€299.98). After two consecutive rises, the price thus moves well away from the €300 mark.

During peak hours (8:00 to 20:00), a megawatt-hour costs €234.17 on average – 16.81% less than Tuesday's €281.48. In the remaining hours (off-peak, 0:00–8:00 and 20:00–24:00) the price is €256.10, down 19.59% from €318.49. Night and evening power stays more expensive than daytime power, but the gap narrows from €37.01 to €21.93 per megawatt-hour.

Traded volume is 88,667.68 MWh, about 2.85% less than on Tuesday (91,271.15). Of this, 48,240.25 MWh falls in peak hours and 40,427.43 MWh in the remaining hours. Neighbouring exchanges in Romania, Greece and Hungary also show daily averages of roughly €240–252 for Wednesday.

Daily overview – IBEX day-ahead (EUR/MWh excl. VAT; “–” = not yet published)
IndicatorWed, 21 Oct (today)Thu, 22 Oct (tomorrow)Tue, 20 Oct (previous day)Change vs 20 Oct (%)
Base – average price245.14–299.98 −18.28 %
Peak (8:00–20:00)234.17–281.48 −16.81 %
Off-peak256.10–318.49 −19.59 %
Traded volume (MWh)88,667.68–91,271.15 −2.85 %

For information only, not investment advice. Prices as of the time stated, not real-time quotes.

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