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Bilateral agreements in the electricity market, electricity import-export licenses for marketing companies

As it is known, one of the major instruments in new energy market MFSC is a market operator. MFSC operates the procedures of processing the mutual agreement announcements of the market participants, calculating hourly system marginal prices and calculating monthly system unbalancing prices per each settlement period, calculating debt and credit amounts, preparing the announcements and debt-credit and assurance processes by considering the electricity energy amounts on which the mutual agreements, the acknowledged loading and unloading offers, the settlements of the participants are based.

Mutual agreements are quite important to perform reliable trade in the market with regards to this mechanism. These are the commercial agreements which are practiced between real and legal entities and license possessing legal entities conforming to the special law orders, involving the electrical energy and/or capacity trade, and which are not subject to the confirmation of EMRA.

As ENERDA we have been providing financial, legal, and technical consultancy services regarding the issuing and practicing the above mentioned mutual agreements.

Besides, electricity import and export is a process which is fully different from the foreign trade of a regular good, and it is subject to special conditions. ETKB, EPDK, and TEŢAŮ are relevant authorized government organizations and it is an extremely difficult and troublesome process to get an import or export license.

ENERDA provides consultancy service on these issues as well.

 


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