OKTE - Short-term electricity Market Operator

The scope of OKTE’s activities is largely defined by European and national legal requirements. The company organises and evaluates the organised short-term cross-border electricity market in the Slovak Republic. It further provides balancing and clearing services and operates central metering and invoicing systems. As of 2020, OKTE, a.s., is responsible for the management of the Slovakian renewable energy support scheme and faciliates the Guarantees of Origin (GOs) system in Slovakia.

OKTE, a.s., actively cooperates with multiple national actors and institutions, including the Ministry of Economy of the Slovak Republic, RONI, SEPS, the distribution systems operators (DSOs) as well as other market participants.

In addition to its national scope, OKTE, a.s., has been an active member of Europex since 22 November 2011.Within this framework, OKTE, a.s., together with its partners, strives to promote the interests of energy exchanges and delegated operators in the European Union. In this context, the increase of economic competition, the establishment of price transparency and dealing with issues related to the establishment of a single European market are of high importance.

Facts & Figures

Headquarters

Mlynské nivy 48

821 09 Bratislava

Slovakia

Date of foundation

1 January 2011

General Manager

Michal Cabala

Number of employees (2020)

44

Annual report(s)

Website

Traded commodities and traded volumes in 2019

Electricity day-ahead traded volumes: 10,7 TWh

Europex GA member

Michael Cabala

Chairman of the Board of Directors

Europex contact person

Ing. Juraj Šedivý, PhD

Head of Market Operations and Development
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General contact details

OKTE

Organizátor krátkodobého trhu s elektrinou
Mlynské nivy 48
821 09 Bratislava
Slovakia