Czech and Slovak Short-term Electricity Markets Coupled

PRAGUE - On 31 August 2009 the day-ahead market bids for purchase and/or sale of electricity from all participants were accepted for auction and traded successfully - without any regard whether they were market participants from the Czech or from the Slovak Republic.

Short-term electricity market organizers, the Operátor trhu s elektrinou, a.s. (OTE) in the Czech Republic and Slovenská elektrizacná prenosová sústava, a.s., (SEPS, a.s.), the transmission system operator and organizer of day-ahead electricity market in the Slovak Republic, in co-operation with CEPS, a. s., the Czech transmission system operator, have integrated with success the two national day-ahead electricity markets. With the launch of the coupled day-ahead electricity market the former explicit transmission capacity auctions on the Czech - Slovak cross-border section were terminated.

50 registered traders, who submitted a total of 77 valid bids for purchase or sale on the day-ahead electricity market organized by OTE and SEPS, a.s. participated in the coupled market the first day of this type of auctioning. 14 927,9 MWh of electricity were traded in total. An average system price of the two coupled markets amounted to 44, 51 EUR/MWh, with predominant daily cross-border flows from CEPS to SEPS in total amount of 1 608 MW. Daily cross-border flows from SEPS to CEPS EPS were in total amount of 1 367 MW. More information about the integration of day-ahead markets can be taken from the web sites at www.ote-cr.cz and www.isot.sk.

Contact: Igor Chemisinec ichemisinec@ote-cr.cz Tel.: +420-296-579-202

Source: Operator trhu s elektrinou, a.s. (OTE)

Contact: Igor Chemisinec, ichemisinec at ote-cr.cz, Tel.: +420-296-579-202