OPCOM

Romanian Electricity and Gas Market Operator
Headquarters: Bd. Hristo Botev 16-18, sector 3, Bucharest, CP.030236, Romania
Location(s): Bucharest, Romania
Date of foundation: August 2000
CEO: Victor Ionescu
Traded commodities and traded volumes in 2015: Electricity volumes: 85 TWh

Natural gas volumes: 18 GWh

Green Certificates: 10,107,304

Current number of employees (April 2016):  n/a
Annual report(s): OPCOM 2001-2014 Annual Reports
Website: opcom.ro

About

OPCOM is the Romanian Electricity and Gas Market Operator. Since 2000, OPCOM has been committed to strengthen a market place where energy and environmental certificates are traded in conditions of transparency and integrity. The trading portfolio offered by OPCOM ranges from electricity products to gas products, as well as green certificates and emission allowances. More than 800 companies are using the products available for trading on short‐term electricity and green certificates markets as well as on term markets for electricity, gas and green certificates bilateral contracts. In addition to this role, OPCOM is responsible for settlement of the transactions concluded on short‐term electricity markets, Balancing Market as well as the Imbalances of the Balancing Responsible Parties.

OPCOM is acting as Registered Reporting Mechanism under REMIT for more than 450 companies active on its electricity and gas markets. OPCOM is also a Nominated Electricity Market Operator designated according to the Regulation (EU) 2015/1222 for performing the day-ahead and intraday markets coupling for Romania.

OPCOM is applying the Quality Management System complying with ISO 9001:2008 – SR EN ISO 9001:2008, respectively the Information Security Management System complying with ISO/IEC 27001:2013 – SR ISO/IEC 27001:2013, both systems being certified by Lloyd’s Register LRQA.

For additional information about OPCOM, please follow the link.

Member of the Europex General Assembly

Victor Ionescu, CEO of OPCOM

Europex contact person

Public relations

Headquarters

General contact details

  • OPCOM – Operatorul Pietei de Energie Electrica si Gaze Naturale

    Bd. Hristo Botev 16-18, sector 3

    Bucharest, CP.030236

    Romania

  • +40 (0) 04 021 3071 450
  • +40 (0) 04 021 3071 400