TGE meets all requirements applicable to NEMOs under Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing a guideline on capacity allocation and congestion management (CACM). The President of the Energy Regulatory Office nominated TGE as the NEMO for the Polish electricity market after the approval of its applications and ascertaining that TGE fulfils all the relevant criteria. The current nomination was obtained on 2 December 2019 and will be valid for 4 years, i.e. until December 2023.
‘The single electricity market ensures uniform trading conditions for all NEMOs across bidding zones. Our participation in the cross-border day-ahead and intra-day market coupling brings substantial benefits to Poland. These include, among others, lower price of electricity in wholesale trade, alignment of technology level and IT infrastructure standards, efficient allocation of transmission capacity as well as the visibility of the bids and offers placed by the Members of the Polish Exchange throughout the European Union’ said Piotr Listwoń, Vice-President of the Management Board of TGE.
The key task of TGE as a NEMO is to ensure smooth development and functioning of the EU’s single market for electricity. The Polish Exchange, together with other market participants, is implementing a number of measures to achieve the above objective. These activities include, inter alia, the development and maintenance of algorithms, systems and procedures concerning the cross-border market coupling mechanism, electricity prices setting and processing of input data on available cross-border transmission capacity and its efficient allocation at points of congestion.