About the company
TGE is a pioneer in implementing innovative solutions in the field of commodity trading. It is the only licensed commodity exchange in Poland operating under the Act on Commodity Exchanges, which holds a permit to operate a regulated market. TGE is supervised by the Polish Financial Supervision Authority with regard to the transactions on the markets operated by the exchange, including the electricity, natural gas, property rights and CO2 emission allowances markets
TGE continues to consolidate its position as Central and Eastern Europe’s leading exchange in terms of its commercial offer. The volume of electricity and natural gas traded on TGE places it as the largest in the region. This results, among others, from the adopted business model, which enables market players to sell and buy various exchange products under a single roof.
TGE is involved in a wide range of international cooperation initiatives both at the European and regional levels. In December 2015, TGE became the Nominated Electricity Market Operator for the Polish pricing area. In December 2019, this status was extended for the next 4 years. Since 15 November 2017, TGE has been active on the European Day-Ahead Market SDAC, and on 19 November 2019, the Exchange launched its cross-border SIDC Intraday Market based on the XBID model. TGE is included on the ACER’s list of platforms for reporting transaction information according to REMIT requirements. The trading system, implemented in cooperation with Nasdaq, enables TGE to provide world-class services to the markets it operates.
TGE is an active member of the following national and international organisations:
- The Chamber of the Natural Gas Industry
- Europex - European Association of Energy Exchanges
- APEx - Association of Power Exchanges, the organisation gathering energy exchanges from around the globe
- AFM - Association of Futures Markets
- Polish and Lithuanian Chamber of Commerce