Organizer of the short-term electricity market

Short-term electricity Market Operator - OKTE, a.s. (hereinafter referred to as the "OKTE, a.s.") started with an activities since 1st January 2011. OKTE, a.s. was established as a subsidiary of Transmission System Operator (Slovenská elektrizačná prenosová sústava, a.s.) which is the owner of 100% of shares. Within electricity market in the Slovak Republic, OKTE, a.s. is classified by Energy Act as the entity that is subject to regulation by Regulatory Office for Network Industries (RONI), is authorized for activities as Short-term electricity Market Operator in the Slovak Republic. OKTE, a.s. shall treat all electricity market participants on the basis of open, transparent and non-discriminatory conditions when providing services. The scope of activities OKTE, a.s. arises out of international and national legal documents. OKTE, a.s. organize and evaluate the organized Short-term cross-border electricity market and provide clearing of imbalances in the Slovak Republic. Simultaneously OKTE, a.s. is in the process extension of its scope of activities, specially the administration and collection of metered values and central invoicing. For more information, visit https://www.okte.sk/en

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