For registered participants: CS OTE Portal Sandbox CZ

Financial Security

1. Parametric prices

Starting from the delivery day of Sep. 1st 2022 and lasting until Jan 16th 2023, parametric price for positive imbalance risk exposure evaluation is set to 2.500 CZK/MWh. 

Starting from the delivery day of Sep. 1st 2022 and lasting until Jan 11th 2023, parametric price for negative imbalance risk exposure evaluation is set to 20.000 CZK/MWh. 

 

Based on the development of balancing energy prices, starting from the delivery day of Jan 17th 2023 and lasting until further notice, parametric prices for evaluation of positive imbalance risk exposure is set to 5.000 CZK/MWh (significant increase in the price). Further, starting from the delivery day of Jan 12th 2023 and lasting until further notice, parametric prices for evaluation of negative imbalance risk exposure is set to 16.000 CZK/MWh.

 

 

2. Bank account details for increasing financial security related to power trading

Bank account nr.: 27-5868530287/0100
IBAN: CZ37 0100 0000 2758 6853 0287
SWIFT (BIC): KOMBCZPPXXX


Bank: Komerční banka, a.s.
Address: VÁCLAVSKÉ NÁM. 42
114 07 PRAHA 1

 

3. Documents to download


4. Market Operator rate

In accordance with provision 7.5 of  OTE’s business terms for the power,  OTE’s interest rate for accruals related to the funds of the financial security (deposited) in OTE’s account is for relevant day and PRIBOR O/N rate set as:

PRIBOR O/N

Market operator's bank rate

Market operator's rate

≤ 0,8 % p.a.

< 0,0 % p.a.

Market operator’s bank rate for legal entities’ current accounts

≥ 0,0 % p.a.

0,0 % p.a.

> 0,8 % p.a.

 

PRIBOR O/N – 0,800 p.b.

PRIBOR O/N – Over-night PRIBOR rate in the market for bank deposits for relevant day published by Czech National Bank

Market operator’s bank – Komerční banka, a.s.

 

5. OTE risk management contacts

If you have any questions, please contact the risk management department:

Ing. Ondřej Záviský +420 234 686 400 OZavisky@ote-cr.cz
Ing. Ondřej Houdek +420 234 686 403 OHoudek@ote-cr.cz