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Towarowa Giełda Energii S.A.

Acronym: TGE

General Information

Identification Code: 070357813063-97
Website: [object Object]
Entity Form: spółka akcyjna
Registration Category: Other organisations, public or mixed entities
Registration Date: 2/26/2014
Last Update: 2/29/2024
EP Accredited Number: 0

Mission & Interests

Goals: Towarowa Giełda Energii S.A. (TGE) is the only licensed commodity exchange in Poland, holding a licence to operate a regulated market. TGE is supervised by the Polish Financial Supervision Authority with regard to trading on the markets operated by the exchange, including the electricity, natural gas, property rights, CO2 emission allowances markets and – since 2020 – also agricultural and food commodities.As part its activity, the Exchange also maintains two registers, i.e. the Certificate of Origin Register and the Guarantees of Origin Register. As the largest commodity market in the CEE region, the Exchange is also active on the international arena. TGE is the Nominated Electricity Market Operator (NEMO) for the Polish pricing area. Since 15 November 2017, it has been active on the European Day-Ahead Market SDAC. On 19 November 2019, the Exchange launched its cross-border SIDC Intraday Market based on the XBID model.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Energy
  • Fraud prevention
  • International co-operation and development
  • Regional policy
  • Single market
  • Trans-European Networks
Levels of Interest:
  • national
  • european

Activities

Main EU Legislative Proposals: Towarowa Giełda Energii S.A. carefully follows all European Commission activities and legislative files pertainig to the establishment of Energy Union and Internal Energy Market. Through membership in industry associations, TGE follows the drafting of various electricity Network Codes and associated Guidelines and the new European Gas Target Model. Furthermore, TGE is involved in: the implementation of Regulation 1227/2011 (REMIT) (TGE is member to various roundtables organised by Agency for Cooperation of Energy Regulators); the implementation of Directive 2014/65 (MiFID II) and Regulation 600/2014 (MiFIR); the implementation of Directive 2003/6/EC (MAD) and Regulation (EU) No 596/2014 (MAR) and all other consultation papers pertaining to regulation of commodity derivatives and financial instruments.
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: Książęca 4
Post Code: 00-498
City: Warszawa
Country: POLAND
Phone: [object Object]

EU Office

Address: Książęca 4
Post Code: 00-498
City: Warszawa
Country: POLAND
Phone: [object Object]

Financial Data

New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]

Membership Information

Members10 Percent: 0
Members25 Percent: 4
Members50 Percent: 0
Members75 Percent: 0
Members: 4
Members F T E: 1

Structure

Structure Type: Structure
Is Member Of: https://tge.pl/membership-commodity-market
Organisation Members: TGE is a member of: - EUROPEX (association of European energy exchanges) - APEx (association of power exchanges) - Polish and Lithuanian Chamber of Commerce - The Chamber of the Natural Gas Industry (Izba Gospodarcza Gazownictwa) - Renewable Energy Association (Stowarzyszenie Energii Odnawialnej)