OTE, a.s. holds the ISO 27001:2023 certificate - available here.

Subject of business:

The subject of the company's business is the performance of activities:

• operator of the market that the company operates as a holder of license no. 150504700 granted by the Energy Regulatory Office, the office according to § 4 par. 1 letter b) point 7 of the Act C. 458/2000 Coll., on business conditions and the performance of state administration in the energy sector and on the amendment of certain laws (Energy Act),
• of the national administrator of the register of trading with greenhouse gas emission allowances according to 5 of Act no. 383/2012 Coll., on the conditions for trading in allowances for greenhouse gas emissions,
• national administrator of guarantees of origin of energy according to § 45a of Act no. 165/2012 Coll., about supported energy sources and about changing some laws.

They consist of the following activities:

• OTE, a.s., as part of the above-mentioned activities, is a provider of complex services to individual participants in the electricity and gas market and environmental products, including, among others:

  • organization of trading on the daily and intraday electricity market, including continuous trading and intraday auctions,
  • organization of trading on the intraday gas market,
  • performance of the activity of the Nominated Market Organizer (NEMO) for the Czech Republic based on the decision of the Energy Regulatory Office in accordance with Commission Regulation (EU) 2015/1222 of July 24, 2015, which establishes the framework instruction for capacity allocation and congestion management, and co-organization of the single EU (daily and intraday) electricity market,
  • evaluation of imbalances on the electricity market and on the gas market for the entire territory of the Czech Republic,
  • ensuring clearing and settlement of imbalances of clearing entities,
  • on behalf of the Czech Republic and on its account, OTE delivers gas to clearing entities or takes gas from them for payment when accepting or providing international aid in the gas industry,
  • administers and disburses compensation payments according to the Act on Measures for the Czech Republic's Transition to Low-Carbon Energy,
  • processing and publication of monthly and annual reports on the electricity market and monthly and annual reports on the gas market in the Czech Republic,
  • securing and providing electricity or gas market participants with actual values of electricity or gas supplies and withdrawals,
  • processing of supply type diagrams in cooperation with distribution system operators,
  • ensuring billing and settlement of regulatory energy or balancing gas, including settlement in emergency situations based on data provided by the transmission system operator or the transmission system operator,
  • in cases according to § 12 and § 12d of the Energy Act, notification by the supplier of the last instance of the customers' take-off points, including their registration numbers,
  • monitoring the amount of gas stored in individual underground gas reservoirs and their capacity,
  • processing on the basis of annual and five-year projected balances and on the basis of daily, monthly and annual actual balances on transport, distribution, production, supplies, trade with gas and gas storage and own analysis of the overall balances of the gas system,
  • processing statistics of gas imports from abroad and its exports abroad, including gas sources, and statistics of customers who have changed gas suppliers,
  • processing at least once a month a report with an evaluation of the supply and consumption of the gas system, including an evaluation of the import of gas into the Czech Republic and the export of gas from the Czech Republic,
  • processing once or twice a year the resulting data of hourly supplies and consumption of gas from gas entrepreneurs for the compilation of control hourly readings of the gas system,
  • processing of the monthly balance on compliance with the safety standard of gas supplies,
  • in the role of National administrator of the register of trading with allowances, management of the publicly accessible register of trading with allowances for greenhouse gas emissions,
  • processing, provision and exchange of data and documents to market participants for their activities on the electricity market and the gas market,
  • reporting of business data from short-term OTE markets to the database of the Agency for the Cooperation of Energy Authorities (ACER),
  • administration of the system for payment of support for supported energy sources,
  • administration of the payment of operational support for heat and bio-methane,
  • administration of the system for issuing and managing guarantees of origin of energy and their international transfers,
  • keeping records of the use of renewable resources in transport.

 Social responsibility:

• Code of Ethics (in PDF format)
• Reports Acceptance – Whistleblowing (in PDF format)