Business Day |
Every day of the week from Monday to Friday, except for non-business days referred to in the Act of January 18, 1951 on days off from work (Journal of Laws 2015. 90). |
Guarantees of Origin |
Guarantees of origin from renewable energy sources relating to electricity generated in a renewable energy source installation that meets the definition included in Art. 2 and 19 of Directive (EU) 2018/2001 on the promotion of the use of energy from renewable sources (OJ L 328 21.12.2018, pp. 82-209), issued by the President of the Energy Regulatory Office and certifying the final customer the environmental values resulting from the avoided greenhouse gas emissions, and, that the amount of electricity specified in this document introduced into the distribution network or transmission network was produced from renewable energy sources in renewable energy installations. |
CC |
The Act of April 23, 1964 The Civil Code (Journal of Laws of 2018, item 1025, as amended). |
Account |
The Participant's account on the REO Platform on which the data provided by the Participant as well as all information and lists of Offers issued and Reservations made are collected . |
REO Platform |
A website or mobile application constituting a sales platform on which the tools are made available through which Participants can issue Electricity Purchase and Sales Offers, hereinafter referred to as the "Goods", and the other Participant can book these Offers in order to conclude Sales Agreements. |
Offer |
An offer within the meaning of the Civil Code, including data and information provided to the other Party, containing essential provisions of each Sales Agreement, which are aimed at concluding a Sales Agreement under terms and conditions specified in the Offer. The Offer may not be withdrawn or modified by the User once it has been booked. |
RES |
The Act of February 20, 2015 on renewable Energy sources (Journal of Laws of 2022, item 1378, as amended). |
EL |
The Act of April 10, 1997 – The Energy Law (Journal of Laws of 2022, item 1385, as amended). |
PDP |
Power Delivery Point - a point in the power grid, where the electricity consumed or introduced in this network is measured by devices that enable the recording of measurement data. |
BM |
The Balancing Market referred to in the Transmission Network Traffic and Operation Instructions prepared by PSE S.A. based in Konstancin-Jeziorna. |
Reo.pl |
The entity that manages the REO Platform, a party to Purchase and Sales Agreements related to Goods - Reo.pl Sp. z o.o. based in Warsaw, registered in the District Court for the capital city of Warsaw in Warsaw, 13th Commercial Division of the National Court Register, under KRS number 0000953880, REGON number 521277758, NIP number 5213956475. |
Regulations |
These REO Platform Regulations |
Reservation |
The status of the Offer marked by the Participant interested in buying or selling Goods under the conditions specified in the Offer prior to the conclusion of the Sales Agreement. The Reservation may last a maximum of [2] business days from the moment the Offer Reservation is marked by the Participant on the REO Platform, and the conclusion of the Sales Agreement. |
GDPR |
Regulation (EU) 2016/679 of the European Parliament and of the Council of April 27, 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC. |
Force Majeure |
A sudden external event, unpredictable and independent from the will of the parties, preventing the use of the REO Platform, in particular, making a Reservation or creating an Offer, in whole or in part, permanently or temporarily, the effects of which cannot be prevented or counteracted with due diligence. Force Majeure includes in particular: |
Parties |
Reo.pl, Participants and other entities using or operating the REO Platform. |
Goods |
”Green energy", i.e. electricity within the meaning of the EL, produced exclusively by renewable energy installations within the meaning of RES, including the associated guarantees of origin. |
Participant |
The entrepreneur referred to in Art. 431 of the Civil Code, having the right to hold an active PPE, registered on the REO Platform and authorised to conclude Sales Agreements, or other authorised legal person within the meaning of the Civil Code, who will not be treated as a consumer within the meaning of Art. 22¹ of the Civil Code in connection with Art. 385⁵ CC. |
Sales Agreement |
A sales contract concluded remotely, in an electronic or documentary form within the meaning of the Civil Code, via the REO Platform, between Reo.pl and the Participant, the object of which is the purchase or sale of Goods, under the conditions specified in the Offer and in accordance with the Regulations. |