As of 24 August 2024, dynamic electricity price contracts have been in effect. Pursuant to the provisions of Article 5(4i) of the Energy Law, TGE is obliged, for the purposes of dynamic price contracts, to publish the results of quotations carried out on the Day-Ahead Market (hereinafter: "DAM") and the Intraday Market (hereinafter: “IDM”) for electricity. These quotations cover 4 basic types of instruments:
- Hourly instruments traded on the DAM
Instrument specifications – DAM Detailed Trading and Clearing Rules
Quotation results – TGE – Day-Ahead Market
- DAM block and weekend instruments
Instrument specification – DAM Detailed Trading and Clearing Rules
Quotation results – TGE – Day-Ahead Market
- IDM hourly instruments, IDM 15-minute instruments and hourly IDA auctions
Instrument specification – IDM Detailed Trading and Clearing Rules
Quotation results – TGE - IDM SIDC (XBID)
NOTE:
- indices, hourly contracts and block contracts are published at 14:00 hours.
The provisions referred to in Article 5(4i) of the Energy Law do not indicate the way how electricity traders should use the above-presented data in offers/bids for dynamic price contracts. Therefore, in accordance with the aforementioned regulations, the data published by TGE play a supporting role in the creation of these bids. The primary source of information for offer/bid analysis should be hourly or 15-minute retail prices which are publicly available through electronic means of communication, or other legally acceptable forms selected according to the discretion of the sellers presenting their market offer.
Any possible requests for clarification of the methodology for determining these offers on the basis of the wholesale prices published by TGE should be addressed directly to the sellers. Consumers who intend to use dynamic price contracts should also approach sellers about the resulting market risks.
In accordance with the obligation to provide information imposed on TGE, as well as its own communication policy, the exchange makes every effort to publish data in a timely and transparent manner, ensuring the same standard of data, regardless of whether it is used by an entity offering dynamic price contracts or by a professional commercial electricity supplier or other activity that requires market information.
Manual for the publication of data for the purposes of dynamic price contracts >>download
In addition to making data available via the tge.pl website, TGE operates the AIR (Analysis, Information, Reports) platform which provides quick and flexible access to complete market information on the quotations carried out by TGE. Thanks to its advanced technology, including API solutions, the platform offers a wide range of standard and customised products.
The redistribution of market data for commercial or other purposes is possible subject reservations as to their use set out in the terms and conditions of the platform and other general regulations on intellectual property rights. Details of products, reporting time frames and the Terms and Conditions for the use of this tool, are posted on air.tge.pl.
