Bulgaria: IBEX power for Tuesday rises to €402.60/MWh, the 2026 high

Electricity on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX) traded at an average baseload price of €402.60/MWh for delivery on Tuesday, 10 November, according to exchange data cited by 3E News and Capital. The price is 8.37% above Monday's €371.50/MWh and, according to Capital, a new high for 2026, which is also confirmed by the daily price series published by Energy-Charts.

The figures. Peak power (hours 9–20) costs €473.13/MWh and off-peak €332.07/MWh. The most expensive 15-minute interval reached €561.01/MWh. Capital notes that, unlike on other days, the highest prices now occur in the middle of the day, between 14:00 and 15:00.

The region. The jump is not limited to Bulgaria. For the same delivery day, Romania closed at €410.31/MWh and Poland at around €460/MWh, according to 3E News, Capital and Energy-Charts data.

The causes. According to Capital's analysis, the rise is not directly explained by gas prices but by the physical balance of the European system: unusually weak output from wind and solar plants across large parts of Europe, rising demand and a transmission grid that cannot move enough energy between regions. Regionally, the paper recalls that one of the units at the Kozloduy nuclear plant is under repair, that a unit at Cernavodă has not yet resumed operation because of the low level of the Danube, and that the AES Galabovo power plant is not running.

What comes next. Capital notes that weather forecasts point to weak wind and cloudy conditions in north-western and central Europe at least until Wednesday, and the analysts it cites expect such price spikes to become more frequent during the winter, when heating demand also rises.

The country's real-time data are on the country page