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Short-term electricity market coupling in the Czech Republic and the Slovak Republic to start on 1st September 2009

Press release Praha, Bratislava, 22. 7. 2009
Short-term electricity market coupling in the Czech Republic and the Slovak Republic to start on 1st September 2009.

Operátor trhu s elektřinou, a.s. (OTE) and Slovenská elektrizačná prenosová sústava, a.s., (SEPS, a.s.) in co-operation with ČEPS, a. s., are announcing the coupling of the Czech and Slovak electricity markets beginning from the business day of 1st September 2009.

The coupling of the organized day-ahead markets operated by OTE in the Czech Republic and by SEPS, a.s., in the Slovak Republic means that day-ahead bids and offers of registered traders of both countries could be traded together up to available cross-border capacity without trader‘s obligation to have reserved cross-border capacity – this procedure is starting on 31st August 2009. The bids and offers will be taken up to the limit of fixed transmission capacity given by the two coupled markets. Detailed information regarding new registration can be found at http://www.ote-cr.cz and http://www.isot.sk. Any previous traders‘ registrations remain valid.

Termination of explicit daily Auctions on ČEPS and SEPS Commercial Profile has been announced by the Auction Office.

Operátor trhu s elektřinou, a.s.
The Czech Electricity Market Operator (OTE), a joint stock company established in 2001, provides comprehensive services to individual electricity market players. OTE commenced organising electricity trading in the day-ahead market in 2002 and the intra-day and block markets in later years. Continuous data processing and exchange required for the accounting and settlement of imbalance between the contractual and actual volumes of electricity supplied and received are among services offered by the OTE to players in the Czech electricity market, as well as administrative procedures associated with a switch of supplier. The OTE also administers the National Register of Greenhouse Gas Emissions. OTE is the holder of the license for market operator´s activities, which includes activities in the Gas market as well. Additional information is available on www.ote-cr.cz.
Igor Chemisinec (ichemisinec@ote-cr.cz, +420 731 502 327)

ČEPS, a. s.
ČEPS, a. s. a holder of an electricity transmission licence issued by the Energy Regulatory Office in accordance with the Atomic Act, is the sole Czech Transmission System Operator. The Company is responsible for the maintenance and upgrading of 39 substations comprising 67 transformers allowing electricity to be supplied from the transmission system to the distribution grid, as well as of 400kV lines with a total length of 2968km and 220kV lines with a total length of 1371km. ČEPS is a member of relevant European international organisations. The Company is responsible for maintaining the national balance of electricity supply and demand in real time (system services) and for organising cross-border power exchanges including transits. ČEPS has traditionally been involved in the creation of liberalised electricity markets both within the Czech Republic and Europe. Additional information is available on http://www.ceps.cz.
Jana Jabůrková (jaburkova@ceps.cz, + 420 724 551 687)

Slovenská elektrizačná prenosová sústava, a.s. (SEPS, a. s.)
The Slovak Electricity Transmission System joint stock company was established on 21 January 2002 as the Slovak Transmission System Operator. The Company’s mission is to ensure Slovak transmission system’s reliable operation, maintenance, upgrade and development so as to provide high-quality electricity supply for its customers at any time. SEPS is responsible for reliable parallel operation with neighbouring transmission systems in compliance with UCTE rules while respecting non-discriminatory and transparent principles for access to the network with minimum impact on the environment. SEPS, a. s. has been in charge of day-ahead market organizer based on the decree of the Ministry of Economy in the Slovak Republic from 5th November. Additional information is available on http://www.sepsas.sk and http://www.isot.sk .
Igor Gallo (galo_igor@sepsas.sk, +421 908 714 752)
pridané dňa: 22.7.2009
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