Western giants expected on power exchange - CEO

Large western companies are likely to launch activity of the gas market of the Polish Power Exchange (TGE), the bourse’s CEO  Ireneusz Łazor told  BiznesAlert.pl. “As the experience of our neighbors – Slovaks and Czechs – shows, we may expect the entry of large western energy firms on our market. Activity through the bourse is simpler that looking for large bilateral contracts, going through the tariff process and preparing offers,” Łazor said. However, in order for that to happen, stimuli are necessary in order to boost trade volumes, he added. This could happen through investment into industry and gas energy, support for CHP and the liberation of the demand part from long-term contrasts.