Slovenian Power Market Operator
|Headquarters:||Dunajska 156, 1000 Ljubljana, Slovenia|
|Date of foundation:||28 March 2001|
|General Manager:||Martin Bratanič|
|Traded commodities and traded volumes in 2019:||DA: 8.282 GWh
ID + BAL: 646 GWh
|Current number of employees (December 2019):||31|
|Annual report(s):||Borzen Annual Reports|
Borzen was founded on 28th March 2001 and is owned by the Government of Slovenia. As the Electricity Market Operator, Borzen provides and facilitate the coordinated operation of the Slovenian electricity system.
Borzen performs various activities in the field of, primarily, electricity: balance scheme management, recording of closed contracts and operational forecasts, elaboration of indicative operating schedules, imbalance settlement, balancing market operation, REMIT RRM services and financial settlement of transactions, all connected with the aforementioned activities. Within the Centre for RES/CHP support, Borzen stimulates environmental policies and promote public awareness. The Centre for RES/CHP support is the support scheme operator for the generation of electricity from renewable energy sources and highly efficient cogeneration of heat and power (CHP). Under its “TRAJNOSTNA ENERGIJA” (SUSTAINABLE ENERGY) brand, Borzen provides information, training and raises awareness on the use of renewable energy sources and energy efficiency.
Borzen also performs various other activities related to renewables, such as operating the Guarantees of Origin registry and informing and training in the field of RES and energy efficiency, stemming from requirements of the EU Energy Efficiency Directive. BSP, a daughter company of Borzen, operates the day-ahead (DA) and intra-day (ID) markets. Borzen is directly responsible for the balancing market – replacement reserve (BAL). In 2019, common DA, ID and BAL volumes represented approximately 65% of total Slovenian yearly electricity consumption.