Market participants are undertakings that are authorised to act directly in the electric power market as buyers and sellers of electricity. To exercise the right to buy and sell power in the market, participants must, in addition to complying with the requirement to record their data in the Administrative Registers, have confirmed their adherence to the Production Market Activity Rules by signing the corresponding Contract of Adherence. The following can be market participants:
- Electric power ordinary regime producers.
- Producers of electric power under special regime.
- Qualified direct consumers in the market.
The Market Operator and System Operator
Both operators are trading companies involved in the economic transactions of the market, but neither buy nor sell electricity. OMI-POLO ESPAÑOL, S.A. (OMIE), in its capacity as market operator, is in charge of the economic management of the system whereas Red Eléctrica de España, S.A., in its capacity as system operator, is in charge of the technical management of the same.