JSC Market Operator has received a positive conclusion from the independent auditor Baker Tilly on the organization of work in the day-ahead market (DAM) and the intraday market (IDM) in 2020.
“Based on the procedures we performed and the evidence obtained, nothing attracted our attention to force us to believe that the Market Operator did not adhere in all material aspects to the requirements of the DAM and IDM Rules during the period from January 1 to December 31, 2020,” the auditors said in the conclusion dated December 30, 2021, published on the Market Operator website on Friday.
The subject of the audit was, in particular, the submission of bids for the sale and purchase of electricity by the DAM and IDM participants, the correctness of the determination of the trading results and related charges, the assessment of the implementation of the DAM and IDM rules by the Market Operator software.
The company said that the Market Operator for the second year in a row has received a positive conclusion from independent auditors.
