OMI Polo Español S.A.

Acronym: OMIE

General Information

Identification Code: 285007630220-75

Website: http://www.omie.es

Entity Form: S.A.

Registration Category: Companies & groups

Registration Date: 2/19/2018

Last Update: 6/28/2024

Mission & Interests

Goals: OMIE is the Nominated Electricity Market Operator (NEMO) for Spain and Portugal. OMIE manages the day-ahead and intraday markets for the whole of the Iberian Peninsula, and its operating model is the same as the one applied by many other European markets. Taking part in the market involves an electronic platform that is easy to access via the internet, which permits the simultaneous participation of a large number of agents and the management of a high number of bids for the purchase and sale of electricity over a short period of time. OMIE also carries out the invoicing and settlement of the energy traded on these markets, as well as overseeing the corresponding financial settlements.

Interests Represented: Promotes their own interests or the collective interests of their members

Interests:

Climate action
Competition
Energy
Single market
Trans-European Networks

Levels of Interest:

european
national

Activities

Main EU Legislative Proposals: - Clean Energy Package for All Europeans - European Green Deal - Fit for 55 - Capacity Allocation and Congestion Management Regulation (CACM) - REMIT 1227/2011 - Electricity Market Reform - EnC Ministerial Council Decisions

Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: C/ Alfonso XI, 6

Post Code: 28014

City: Madrid

Country: SPAIN

Phone:

Indic Phone: 34

Phone Number: 916598900

EU Office

Address: C/ Alfonso XI, 6

Post Code: 28014

City: Madrid

Country: SPAIN

Phone:

Indic Phone: 34

Phone Number: 916598900

Financial Data

Closed Year:

Start Date:

End Date:

Funding Sources:

Contributions:

Total Budget: 0

Grants:

Source: European Commission_Horizon Europe
Amount: 0
Currency: €
_id:
Buffer:
0: 104
1: 64
2: 61
3: 15
4: 158
5: 212
6: 182
7: 32
8: 86
9: 90
10: 23
11: 174
Source: European Commission_Horizon Europe
Amount: 0
Currency: €
_id:
Buffer:
0: 104
1: 64
2: 61
3: 15
4: 158
5: 212
6: 182
7: 32
8: 86
9: 90
10: 23
11: 175
Source: European Commission_Horizon Europe
Amount: 0
Currency: €
_id:
Buffer:
0: 104
1: 64
2: 61
3: 15
4: 158
5: 212
6: 182
7: 32
8: 86
9: 90
10: 23
11: 176
Source: European Commission_Horizon Europe
Amount: 0
Currency: €
_id:
Buffer:
0: 104
1: 64
2: 61
3: 15
4: 158
5: 212
6: 182
7: 32
8: 86
9: 90
10: 23
11: 177

Current Year:

Grants:

Source: European Commission_Horizon Europe
Amount: 0
Currency: €
_id:
Buffer:
0: 104
1: 64
2: 61
3: 15
4: 158
5: 212
6: 182
7: 32
8: 86
9: 90
10: 23
11: 172
Source: European Commission_Horizon Europe
Amount: 0
Currency: €
_id:
Buffer:
0: 104
1: 64
2: 61
3: 15
4: 158
5: 212
6: 182
7: 32
8: 86
9: 90
10: 23
11: 173

Membership Information

Members10 Percent: 2

Members: 2

Members F T E: 0.20000000298023224

Info Members: OMIE delegates some of these tasks to both Europex and the NEMO Committee, therefore, the workload for OMIE in this activity is rather low. Furthermore, we don’t have an approved method to include structural costs (like offices) in our FTE cost.