Thursday, 6 March 2014
GPI is now available!
From
February 27, 2014 new internet platform – Gieldowa Platforma Informacyjna ( Stock
Market Information Platform) has been opened in order to provide reliable
information regarding the electricity market in Poland. The platform is
available under: http://gpi.tge.pl/
and has been launched by the Polish Power Exchange. Website is available in Polish and
English.
Stock
Market Information Platform consists of three main parts: information regarding obligations of REMIT, the power
system (including generation, the demand for electricity, plans renovations
capacities), and data exchange. The primary objective of the GPI is to provide
a transparent, timely information that will help market participants in making
trading decisions.
The system
is of a crucial significance to those participating in the electricity
exchange. The platform provides reliable information regarding the load and the
demand of electricity at each hour of the day. Thanks to this information, it
is possible to better program the schedule of the production of a power plant,
as well as observe behavior of the market (that enables the TSO to identify
critical days/hours in the system).
The website
is still in the development, consequently the information available at the
moment are not very extended. It is worth appreciation in the same time, as the
liberalization of the power market in Poland is a new process that needs
constant adjustments and improvements. GPI platform is the first step to
provide reliable, clear information collected in one database.
Gieldowa Platforma Informacyjna (GPI): : http://gpi.tge.pl/
REMIT : general info
(official
information from the website of ACER: EU Agency for the cooperation of Energy
Regulators)
In 2011,
the EU adopted new stringent rules on wholesale energy trading. The main
objective is to prevent use of insider information and other forms of market
abuse which distort wholesale energy prices and normally mean that businesses
and consumers pay more for their energy than they need. For the first time
energy trading will be screened at EU level to uncover abuses. This screening
will be done by ACER. National authorities in Member States will put in place
penalties to help stop and prevent market manipulation.
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