OPCOM - Romanian Electricity and Gas Market Operator

OPCOM is the Romanian Electricity and Gas Market Operator. Since 2000, OPCOM has been committed to providing an increasingly strong marketplace where energy and environmental certificates can be traded transparently. The trading portfolio offered by OPCOM ranges from electricity to gas products, as well as green certificates (GOs). More than 900 companies use the products available for trading on OPCOM’s short‐term electricity, gas and green certificate markets as well as on the bilateral markets for electricity, gas and green certificates. In addition, OPCOM is responsible for the settlement of the transactions concluded on its short‐term markets, its balancing market as well as the imbalances of Balancing Responsible Parties (BRPs).

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

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

Facts & Figures

Headquarters

Bd. Hristo Botev 16-18

Bucharest 030236

Romania

Date of foundation

August 2000

CEO

Victor Ionescu

Number of employees (2017)

N/A

Annual report(s)

Website

Traded commodities and traded volumes in 2017

Electricity volumes: 99 TWh

 

Green Certificates: 2,022,648 – 58,165,728

Europex GA member

Victor Ionescu

CEO

Europex contact person

Public relations

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More Information

General contact details

OPCOM

Operatorul Pietei de Energie Electrica si de Gaze Naturale
Bulevardul Hristo Botev 16-18
București 030236
Romania