TRMEW Obrót, a company offering a wide range of services related to electricity trading, obtained the status of an Exchange Member with respect to the Commodity Market.
‘Cross-border exchange and wholesale electricity trading is currently one of the company's core activities which is continuously developed. The entry on this market became a milestone in the history of TRMEW Obrót and marks the beginning of the company’s long-term growth’ said Sebastian Jabłonski, Vice President, Wholesale Markets.
TRMEW Obrót Sp. z o. o. was established on the initiative of Towarzystwo Rozwoju Małych Elektrowni Wodnych (Association for the Development of Small Hydroelectric Power Plants) in 2013 and is a joint venture of wholesale electricity market traders and independent producers operating RES installations such as small hydro-power plants, biogas plants, wind farms or photovoltaic installations.
The main areas of TRMEW's activity include cross-border electricity at the interconnections with Germany, the Czech Republic and Slovakia, as well as the purchase of electricity from individual, frequently small generators with a view to aggregating their volumes and reselling them, also on wholesale markets. In addition, the company offers the purchase of property rights to certificates of origin and guarantees of origin confirming the origin of electricity from RES, as well as consultancy services. The experience and a stable generator base allow the company to take a flexible approach to each RES installation, especially that its portfolio includes all technologies for electricity generation from renewable sources.
‘The dynamics in the power sector are clear as the market is following new trends in order to optimise its trading strategies. The stability and security of energy supply and the adaptation of activities to national and EU regulatory requirements have become key issues for the participants. All this leads to the need for the reorganisation of our market structure, also on the Exchange. However, the stable position of TGE remains unchanged, which is the result of priorities set by the Exchange. One of them is the continuous improvement of trading standards not only in terms of technology but also in terms of products. The fact that the number of Exchange Members has grown in the last quarter by 4 new players proves that we are an important link in the market, its concentrator and a guarantor of trade security’ – said Piotr Listwoń, TGE’s Vice President of the Management Board for Operational Affairs.
At the moment, TGE has 77 members.