Tenders Are Invited For Banking Services – Clearing Bank

Banking Services – Clearing Bank. Background / Service Description As A Transmission System Operator, Tennet Tso Gmbh (“Tennet”) Plays A Central Role In Shaping And Implementing The Politically Mandated Energy Transition In Germany. One Of Tennets Most Important Tasks Is To Provide Transmission Services With A High Level Of Security Of Supply. In Order To Continue To Fulfill These Tasks, Tennet Must Participate In The German Spot Electricity Market, Where A Clearing Relationship Is Required Due To The Central Counterparty (“Clearing House”) Of European Commodity Clearing (“Ecc”). Tennet Is Active In The Energy Market On A Daily Basis And Currently Handles An Annual Trading Volume Of Over 20 Twh, With An Upward Trend. The Aim Of This Tender Is To Select A Contractual Partner (“Clearing Bank”) With Proven Expertise And A Robust Infrastructure That Will Support Tennets Requirements For Clearing Transactions In The Electricity Segment In The Long Term.