Ministry wants power groups to trade all energy on TGE power exchange

The Ministry of Energy wants power utilities to sell all of their output on the TGE power exchange. Excluded would be cogeneration and renewable energy. The ministry hopes that such move will stabilize prices on the energy market which have gone up in recent months. “I hope that it will prevent unjustified price increases in 2019,” Energy Minister Krzysztof Tchórzewski said. Even though such legislation could be discussed as early as August, Tchórzewski will ask power groups to start selling energy exclusively on TGE on August 1. State-run, WSE-listed utility PGE announced that it will comply with the minister’s request. Initially, utilities were obliged to sell 15 percent of its output on TGE, that figure was increased to 30 percent at the beginning of this year.