The state applied for a license to trade in electricity and gas for Prisko, which it owns. The company’s task will be to buy power for the public sector at a discounted price, said Finance Minister Zbyněk Stanjura (ODS) to the Hospodářské noviny website. But Prisko will not be the final state trader, he will only cover the time needed to create a new company, the minister said. Previously, there was talk that the semi-state ČEZ could become a state trader.
Stanjur’s office decided to use Prisko as an energy trader because it is faster than the creation of a new company or agency, which is being prepared by the Ministry of Industry and Trade. She is also supposed to apply for a license for energy trading. The state will probably have two energy traders in the future, the server said.
There has been talk for several weeks about the establishment of a state trader who would purchase energy directly from regions or other entities. The Minister of Industry and Trade, Jozef Síkela, said earlier that an entity that is already 100% owned by the state could apply for an energy trader’s license. According to him, it is one of the possible ways. According to him, entering the energy market is relatively simple, it is now more difficult to buy energy. He assured that public institutions will have enough energy from the New Year.
According to Síkela, the establishment of a state energy trader is the fastest way to help, for example, regions, municipalities or hospitals. According to him, the state trader should procure the energy and transfer it to municipalities, for example, without additional margins. If energy was purchased at high prices, the state would further provide it at a discount to make energy affordable. In the future, according to him, it is possible that the state will use the state trader for a purpose other than the one-time purchase of energy for the public sector.
“I assure everyone that schools, kindergartens, hospitals and regions will have the energy secured for next year at affordable prices,” said Síkela. He is now discussing whether the state trader will take the form of an organizational unit of the state or a separate legal entity. According to him, both solutions have advantages and disadvantages. According to Síkela, the final form should be decided soon.
According to Síkela, the establishment of a state energy trader will require a change in the law, which is already being prepared. “It is important that we have a trader who will buy energy and provide it at affordable prices to the public sector,” said Síkela.