Polish Power Exchange (TGE)

Polish Power Exchange S.A. (Towarowa Giełda Energii, TGE) is a pioneer in the implementation of innovative energy trading solutions. TGE commodity markets provide a trading platform for major power industry players. We are a public trust institution. We create the commodity, ensuring transparency of transactional procedures and pricing. We provide safety of trading to our members and other participants of the market and offer innovative products. TGE was established at the end of 1999. It is the only licensed energy exchange in Poland. Started its operation on 30 June 2000. The launch of TGE was one of the first steps towards the liberalisation of the Polish electricity market and the privatisation of the power sector. Since February 2012 TGE has been a wholly owned subsidiary of the Warsaw Stock Exchange. TGE operates the following markets: electricity (Commodity Forward Instruments Market with Physical Delivery - CFIM, Day-Ahead Market - DAM, Intraday Market - IDM and gas market (CFIM, DAMg), as well as Property Rights Market. TGE is currently one of the most rapidly growing commodity exchanges in the region. This is supported by the membership in EUROPEX, an organisation which promotes the consolidation of energy markets through cross-border links, and gathers all active power exchanges in Europe trading in both commodity and financial instruments. Since December 2010 TGE and Nord Pool Spot operate joint day-ahead markets on a market coupling basis for the Swe-Pol Link between Sweden and Poland. For more information, please visit www.tge.pl