Slovenia’s electricity market operator Borzen has completed a new round of public auctions under the transitional financing framework for the country’s coal exit. The auctions were conducted in cooperation with the energy exchange BSP via its long-term trading platform, in line with legislation governing the accelerated and fair phase-out of coal.
The main auction covered 260 GWh of baseload electricity to be generated by TPP Sostanj between January and March 2027. The volume was split into six lots and attracted bids from four competitors, including two domestic and two foreign companies. All six lots were awarded to GEN‑I, which secured the power at prices ranging between 110 and 111 euros/MWh.
In parallel, Borzen organized a separate auction for emission allowances required for TPP Sostanj operations. The allowances were sourced from multiple market participants, with two lots purchased from GEN‑I and two from international trading house Trafigura. Single lots were acquired from HSE and CFP Commodities Limited, with prices per ton of CO₂ emissions ranging from 82 to 83.5 euros.
Together, these auctions ensure both electricity offtake and carbon compliance for TPP Sostanj during the first quarter of 2027, supporting the plant’s operations within Slovenia’s coal transition framework.
