OPCOM and IBEX: Strong price formation, weak risk absorption Read More »
OPCOM and IBEX: Strong price formation, weak risk absorption
By 2025, Romania and Bulgaria stood out in South-East Europe for one specific reason: they had achieved scale in spot electricity trading that many neighbouring markets could not match. Monthly volumes on both exchanges regularly reached terawatt-hour levels, anchoring price discovery across the eastern Balkans. Yet this success masked a fundamental weakness. Despite impressive turnover, […]
