Romanian Electricity and Gas Market Operator
|Headquarters:||Bd. Hristo Botev 16-18, sector 3, Bucharest, CP.030236, Romania|
|Date of foundation:||August 2000|
|Traded commodities and traded volumes in 2017:||Electricity volumes: 99 TWh|
Green Certificates: 2,022,648 – 58,165,728
|Current number of employees (2017):||n/a|
|Annual report(s):||OPCOM 2001-2015 Annual Reports|
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. More than 900 companies are using the products available for trading on short‐term electricity, gas 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 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, respectively the Information Security Management System complying with ISO/IEC 27001– SR ISO/IEC 27001, both systems being certified by Lloyd’s Register LRQA.