1. Requirements

• A. A valid license for the Electricity Market or proof of an international license issued by the Energy Regulatory Office;

• B. Registered company in Commercial Register, in the case of foreign companies it may be more statements to prove company identification and a list of statutory representatives;

• C. Bank account (in CZK) in a Czech bank or a branch of an international bank in the Czech Republic. The list of banks accepted by OTE, a.s. for EUR settlement of Day-ahead and Intra-day power markets you will find on the page Financial Settlement;

• D. The market participant is obliged to register before entering into a transaction on the wholesale market in accordance with Article. 8, paragraph. 1 REMIT in the National Register administered by the respective NRA.

   

2. Documents required for the Agreement execution

• A. Download the registration form and after filling it out, please send it to the email address: services@ote-cr.cz.
• B. Only for the Agreement on Settlement of Imbalances: fill out a form for the financial security amount setting - details on the link to the Risk Management. (While the registration and Agreement are being prepared financial security is secured in "Appendix No. 2 to the Agreement" according to conditions and scope of business. Mutually agreed Appendix No.2 becomes an inseparable signed part of the Agreement.)

3. Access to Central System OTE (CS OTE)

• A. Obtain secure items for each individual which will access the OTE system.
• B. How to obtain certificates to enter both the production and test platform of the OTE system is described on the link Access to CS OTE.

4. Agreement

• A. OTE will prepare an original copy of the Agreement and send it in PDF format to the applicant’s e-mail address
• B. For the execution of the agreement please send:
  • a. the signed Agreement in paper form (2 copies), or by e-mail 1 copy of the Agreement signed by the qualified electronic signature,
  • b. a copy of the appropriate license/licenses,
  • c. established direct debit for the benefit of OTE’s accounts (specified in the Agreement) - confirmed by the bank – Distributors excluded,
  • d. proof of registration for VAT in the Czech Republic or Europe if the applicant has not had an Office in the Czech Rep. (under the Act no. 235/2004 Coll. §4) – Distributors excluded.
  • e. proof of acquisition of electricity excluding tax issued by the custom office (recommended) – only for the Agreement on Settlement of Imbalances.
  • f. a copy of the extract from the foreign commercial register (in Czech/English)  

5. Activation in the OTE system

• A. You will be activated in CS OTE at the latest on the 1st day of the following month after the agreement has taken effect.