TGE Polish Power Exchange: Best Sustainable Commodities Exchange Central Europe 2021
TGE (Towarowa Giełda Energii) Polish Power Exchange has been in operation for more than two decades, contributing to national energy security by developing markets for electricity, natural gas, property rights and CO2-emission allowances. It added an agricultural and food market to the mix in 2020. TGE is licensed and regulated by the Polish Financial Supervision Authority and has a leading position among Central and Eastern European exchanges in terms of liquidity and commercial offering. The exchange maintains its competitive edge by focusing on employee development, tech innovation and high-quality services. It has operated as a Nominated Electricity Market Operator (NEMO) since 2015 — when it first published a CSR strategy. TGE outlined its commitment to improving the quality of the domestic commodity market through strong corporate governance, clear communication and active cooperation with market participants. TGE was granted multi-NEMO status for another four years in 2019. TGE and the Polish Wind Energy Association are collaborating to create new solutions for trading electricity generated from renewable energy sources (RES). TGE was an integral part of the Interim Coupling Project that went live this June, establishing electricity connections at the borders of the Czech Republic, Slovakia, Hungary and Romania along with Poland and the pan-European multi-regional coupling market. The company introduced contact-free e-signing procedures in response to Covid. The CFI.co judging panel presents TGE Polish Power Exchange, a repeat programme winner, with the 2021 award for Best Sustainable Commodities Exchange (Central Europe).
