The company IRL Polska, a part of INTER RAO Lietuva group, completed the first trading month of direct market access in TGE (PolPx) electric energy market of Poland.
© DELFI / Audrius Solominas

IRL Polska sp. z o.o. obtained direct access in the so called Day-Ahead and Intraday Market (RDNiB) and Derivatives Market (RTT) on 10 October 2014.

"By becoming an active participant of the market trade, the company can be more flexible in reacting to the changing situation in markets and reduce the expenditure of its activity as well. By having direct market access in electric energy market, IRL Polska proves the realization of activity development plans it announced earlier, too," Anna Radziwonko, Head of IRL Polska Sales Department, says.

The decision to enter direct market was adopted as a part of the implementation of the IRL Polska long-term plans to perform versatile activities and ensure a wide spectrum of services in the electric energy market of Poland.

IRL Polska Sp. z o.o. is a subsidiary of AB INTER RAO Lietuva in Poland. The company was established in October 2012 as part of the group's plans to expand their activities in the region.

Having realised the project of the new electricity ports Litpol 1 and 2 between Lithuania and Poland, IRL Polska plans to begin providing the services of medium and long period import and export of electric energy. In a long-term perspective the company expects to widen the range of services rendered and start providing electric energy to the final consumers.

Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Chances for Lithuania to get more funding for N-plant closure increasing – expert

A proposal for the European Parliament to approve the allocation of 780 million euros for the...

European Parliament's rapporteur proposes EUR 780 mln for Lithuanian N-plant closure

The European Parliament is recommended to approve 780 million euros in funding for the Ignalina...

Energmin calls deal on synchronization scenario 'decision of the decade'

Lithuania, Latvia and Estonia have reached a long sought-after agreement that opens the way for the...

Technical scenario for Baltic grid synchronization approved in Brussels (Updated)

The project for the synchronization of the Baltic power grids with the Continental European system...

Danpower agrees to put off amicable deal's implementation

German energy company Danpower has agreed to postpone the implementation of the State of Lithuania's...