Balance group representative (BGR)
To register as a BGR you must send us the following in original:
- Form B, bearing an official signature;
- Form C, bearing an official signature;
- Form G, bearing an official signature;
- A current commercial register excerpt (not older than 3 months) for companies with headquarters outside of Austria, translated into German or English and certified by a public notary;
- SEPA Business-to-Business Direct Debit Mandate;
- Your company's annual reports for the past two financial years;
- The balance group's forecast total annual energy supply or demand volume
As soon as your application is submitted, we verify its completeness and freedom from formal errors. We enter the registration details in our clearing platform, and send you your login data.
We forward the enclosed annual reports and details from the register of companies to Oesterreichische Kontrollbank, which deals with the credit check and the risk management arrangements. We inform you of the amount of the collateral to be posted and send you a contract, made out in two copies, which you must be execute with an official signature and return to us. You must then issue a SEPA Business-to-Business Direct Debit Mandate for APCS, and post the collateral.
We also need proof that your company meets the system requirements. We have developed data tests for this purpose, which we perform with your assistance.
You should also notify the regulator Energie-Control Austria (E-Control) and the control area manager Austrian Power Grid AG (APG) of your company’s intention to obtain a licence as a balance group representative, as it will have to satisfy E-Control and APG that it meets certain preconditions.
When you have met all the conditions for registration as a balance group representative, you are sent a “green card” and a copy of the contract executed by APCS.
You must then submit the contract to E-Control, which is responsible for licensing your company as an Austrian electricity market participant.
As soon as E-Control issues the licensing notice, your account on our system is activated, and your company is ready to operate as a balance group representative in the APG control area.
However, market entry cannot take place until the first day of the next month.