TGE`s Certificate of Origin Register hits 3000 members

Warsaw, 20 January 2017
TGE's Certificate of Origin Register hits 3000 members
Press Release
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3000 have already put trust in the TGE's Certificate of Origin Register. Among
them, there are the largest power companies, industrial electricity
consumers, housing cooperatives, municipalities, owners of small-scale RES
facilities and prosumers.
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The growing COR membership has been going hand in hand with the
increasing electricity volumes. In over 11 years of the operation of the TGE's
Certificate of Origin Register, the volume of certificates has reached 137 TWh
of renewable energy, 218 TWh of energy from high-efficiency co-generation
units and 694 thousand toe of energy efficiency improvements.
The Certificate of Origin Register (COR) was launched at TGE in October 2005 as an integral
element of the system supporting producers of electricity from RES and co-generation units.
It enables the trading of certificates of origin during market sessions and under OTC deals,
as well as the identification of generators and the certificates of origin they are eligible to.
The Register covers six instruments related to electricity from renewable sources and co-gen
units, as well as to the efficiency gains achieved by consumers, producers and during
transmission.
Currently, the COR has 3000 members,
including power companies and industrial
electricity consumers, municipalities, housing
co-operatives, commune associations and
electricity producers relying on renewable
energy sources. The number of certificates of
origin entered to the system since the
inception of the Register until January 2017
corresponds to 355 TWh of certified energy,
including 137 TWh of electricity from
renewable sources, 218 TWh of electricity
from high-efficiency cogeneration units and
694 toe of energy efficiency improvements.
“Three thousand entities and 355 TWh of certified energy are a proof of the trust bestowed
by Register members in Towarowa Giełda Energii. We are grateful for these years of market
development and, at the same time, we feel the responsibility for its further growth and
promotion of best solutions which will bring benefits for the participants while contributing to
the creation of an optimum model for the energy market in Poland.” – said Dr Paweł
Ostrowski, President of the Management Board of TGE
Renewables are getting stronger
The Certificate of Origin Register gathers entities which produce energy from renewable
sources or have reduced its consumption. Therefore, the beneficiaries of the COR include not
only energy companies but also local municipalities, housing cooperatives, hospitals,
Towarowa Giełda Energii S.A. zarejestrowana przez Sąd Rejonowy
dla m. st. Warszawy w Warszawie, pod numerem KRS 0000030144, NIP
527-22-66-714. Kapitał zakładowy w wysokości 14.500.000 złotych
– w całości opłacony
ul. Poleczki 23 bud. H, 02-822 Warszawa
T: (+48) 22 341 99 12, F: (+48) 22 341 99 10
E: [email protected]
universities and utility companies. The certificates assigned to register members give rise to
property rights which are traded at TGE.
In order to become a COR member, the candidates are required to take the following steps:
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Select brokerage house for representation at TGE
Submit the application for COR membership together with the necessary attachments
Indicate persons authorised to represent their company in contacts with the COR and
the scope of their authority
Send complete documents to the Registers Office of TGE at: [email protected].
Detailed COR Rules, standard forms of documents and attachments and the list of brokerage
houses are available at: https://www.tge.pl/en/4/rejestr-swiadectw-pochodzenia-rsp.
***
Facts about TGE:
 16 years onf the market, the only licensed commodity exchange in Poland (licence since 2003)
 Strong and stable shareholder – Warsaw Stock Exchange (since February 2012)
 Member of the European Multi-Regional Coupling (MRC) market and the Price Coupling of Regions (PCR) initiative
 Nominated Electricity Market Operator (NEMO) designated by the President of ERO
 TGE guarantees the reliability and security of trading on all markets it operates:
o
Commodities Market – electricity, natural gas, property rights, CO2 emission allowances
o
Financial Instruments Market – electricity
o
Certificates of Origin Register for electricity generated in renewable energy sources
o
Guarantees of Origin Register
 Active member of international organisations:
o
EUROPEX - European Association of Energy Exchanges
o
APEx - Association of Power Exchanges, the organisation gathering energy exchanges from around the
globe
o
AFM - Association of Futures Markets
 Featured on the ACER's list of platforms for reporting transaction information according to REMIT requirements
 Relationship with an experienced NASDAQ technology partner – X-stream Trading Technology
www.tge.pl
Media contact: Towarowa Giełda Energii S.A.; Agata Samcik; [email protected], +48 885 885 645, +48 607 030 573,
+48 661 878 769.
Towarowa Giełda Energii S.A. zarejestrowana przez Sąd Rejonowy
dla m. st. Warszawy w Warszawie, pod numerem KRS 0000030144, NIP
527-22-66-714. Kapitał zakładowy w wysokości 14.500.000 złotych
– w całości opłacony
ul. Poleczki 23 bud. H, 02-822 Warszawa
T: (+48) 22 341 99 12, F: (+48) 22 341 99 10
E: [email protected]