Okte, a.s. (Slovakia)

OKTE, a.s. is a short-term electricity Market Operator located in Bratislava, Slovakia. It was established on January 1, 2011, as a subsidiary of the Transmission System Operator. OKTE, a.s. is regulated by the Regulatory Office for Network Industries and holds a license for activities as a short-term electricity Market Operator in Slovakia. The company operates within the electricity market in Slovakia and treats all market participants under open, transparent, and non-discriminatory conditions. Its activities include organizing and evaluating the short-term cross-border electricity market and providing clearing of imbalances. OKTE, a.s. is also expanding its scope of activities to include the administration and collection of metered values and central invoicing. OKTE, a.s. actively cooperates with various state institutions, including the Ministry of Economy and the Regulatory Office for Network Industries, as well as the Transmission System Operator and other market participants. Internationally, the company is a member of EUROPEX, an association of exchanges and market organizers in the European Union. Through EUROPEX, OKTE, a.s. works towards establishing price transparency, promoting economic competition, and collaborating with institutions such as ENTSO-E, ENTSO-G, and ACER.