OTE, a.s.

Czech electricity and gas market operator
Headquarters:Sokolovská 192/79, 186 00 Prague 8 – Karlín, Czech Republic
Location(s):Prague, Czech Republic
Date of foundation:Date of foundation: 18 April 2001

Start of operation: 1 January 2002

Chairman of the Board of Directors:

Aleš Tomec
Traded commodities and traded volumes in 2018:Electricity

Block market: 17 GWh

DA market: 22.89 TWh

ID market: 550 GWh

Gas

ID market: 3,059 GWh

Number of employees (February 2018):Regular employees: 76

Board of Directors: 3

Supervisory Board: 6

Annual report(s):OTE Annual Reports
Website:ote.cz

About

Ownership and the role of OTE:

  • The Company’s sole shareholder is the Czech Republic. The Czech Ministry of Industry and Trade is entrusted by the government to exercise the shareholders’ rights.
  • OTE’s operations reaffirm the Company’s irreplaceable position on the electricity and gas markets in the Czech Republic.

Core operations comprise:

  • Evaluation and financial settlement of imbalances between contracted and metered supply and consumption of electricity and gas;
  • Organisation of the short-term electricity market (block, day-ahead, Intraday);
  • Organisation of the short-term gas market (intraday);
  • Organisation of the balancing market with regulation energy;
  • Processing and exchange of data and information related to the electricity and gas markets through the Centre of Data Services, 24 hours a day, 7 days a week;
  • Administration of support for renewable energy sources;
  • Issuance of guarantees of origin of electricity from renewable energy sources;
  • Administration of the national registry for greenhouse gas emission units and allowances trading;
  • Provision of technical support for change of electricity and gas supplier in customer points of delivery;
  • Preparation of monthly and yearly reports on the electricity market and the gas market in the Czech Republic;
  • Preparation of reports on projected electricity and gas consumption and the method of ensuring balanced electricity and gas supply and demand;
  • REMIT reporting of trade data.

Member of the Europex General Assembly

Aleš Tomec, Chairman of the Board of Directors

Europex contact person

Igor Chemišinec, Member of the Board

  • +420 296 579 202
  • ichemisinec@ote-cr.cz

Headquarters

General contact details

  • Czech electricity and gas market operator – OTE, a.s.

    Sokolovská 192/79

    186 00 Prague 8 – Karlín

    Czech Republic

  • +420 296 579 160
  • +420 296 579 180
  • ote@ote-cr.cz