NEK EAD in its capacity as public provider is buying and selling electrical energy in the country at regulated prices determined by the State Energy and Water Regulatory Commission (SEWRC), and at non-regulated prices at the electricity market.
PURCHASE OF ELECTRICITY IN THE COUNTRY
NEK EAD concludes contracts with power producers and traders.
SALE OF ELECTRICITY IN THE COUNTRY
Pursuant to the Energy Law NEK EAD concludes power sale agreements with customers directly connected to the transmission network of NEK EAD, final suppliers and the power distribution companies located in the territory of the 13 grid operation areas of the Electricity System Operator EAD.
FOREIGN TRADE BUSINESS IN ELECTRICITY
The Balkan countries are a traditional market for the electricity traded by NEK EAD.
Subject to the electric power balance of the Bulgarian electric power system and the availability of technical possibilities NEK EAD seeks to maintain and increase its market presence in the Balkan region. In addition to 1-year contracts, the company started to use monthly and weekly export contracts as a result of which it succeeded in achieving maximum utilization of capacities and reduction in costs for availability payments to local power producers.
APPLICATION OF THE REQUIREMENTS OF ISO 9001:2015 IN THE ELECTRICITY TRADING
NEK EAD applies a quality management system with a scope "Electricity trading. Electricity supply by a Public Provider and Supplier of Last Resort. Standard balancing group Coordinator. Special balancing groups Coordinator".