On July 2, 2021, the “Stock market development directions for the RES sector” report was published, which is an introduction to the potential product offer of TGE addressed to the RES industry, as well as customers considering long-term contracts for the purchase of energy from renewable sources.
Towarowa Giełda Energii plans to introduce solutions to improve the transparency and security of transactions between RES producers and entrepreneurs, thus increasing market dynamics. The report sets out the directions in which TGE plans to develop and its mechanisms in the field of RES. He also presents the plans of the stock exchange related to the introduction to the market of new products similar to cPPA standards aimed at reducing investment risk.
The developed instruments will facilitate the conclusion of corporate energy sales contracts on a large scale. The report is also the basis for further consultations with the market and an impulse to introduce measures within the POLPX Group, PWEA and experts interested in the stock exchange mechanisms. The activities undertaken by TGE are to contribute to the discussion on the shape of new instruments supporting the development of renewable energy sources.
The next step in expanding TGE’s offer for RES is to create a working team whose task will be to develop key assumptions and principles of operation of the recommended market model, taking into account the requirements of legal relations and business regulations. The team will analyze the benefits, operating costs and risks associated with its launch, and will additionally carry out consultations with the participants of the Exchange market.