|
In addition to the involvement of TGE in the MRC market, the formal requirements for the participation of the Exchange in the PCR Project are about to be finalised. For the Polish market this is an opportunity for proactive and full involvement in regional market projects and the implementation of EU electricity market mechanisms in cooperation with Western European exchanges. TGE, in coordination with the Energy Regulatory Office and PSE, and with their support, decided to apply for full membership in the PCR Project. The process is currently underway. Once all the necessary agreements are signed, by the end of the year TGE will obtain full access to the assets, materials and documentation constituting joint intellectual property of the parties to the PCR Project. In order to exercise its rights as a full member of the PCR project and the MRC market through achieving the status of an exchange coordinating market processes and terminating the use of services provided by other exchanges, TGE is still required to fulfil specific technical conditions. This process will be finalised in the second half of the year 2016.
|