PSE Capital Group


The PSE Capital Group is composed of PSE S.A. as a dominant entity and two subsidiaries in which PSE holds a 100% stake. PSE is related by shares with two entities with foreign equity.


PSE Innowacje sp. z o.o.


PSE Inwestycje S.A.

JAO S.A. - Joint Allocation Office

The JAO is a joint service company of twenty Transmission System Operators (TSOs) from seventeen countries - 50Hertz (DE), Admie (GR), Amprion (DE), APG (AT), ČEPS (CZ), CREOS (LU), ELES (SI), ELIA (BE), EnerginetDK (DK), HOPS (HR), MAVIR (HU), PSE (PL), RTE (FR), SEPS (SK), Statnett (NO), Swissgrid (CH), TenneT (DE), TenneT (NL), Terna (IT), TransnetBW (DE).

It will mainly perform the yearly, monthly and daily auctions of transmission rights on 27 borders in Europe and act as a fall-back for the European Market Coupling.


TSCNET Services GmbH - Transmission System Operator Security Cooperation (TSC)

TSCNET Services GmbH is TSC’s service company. It develops new cooperation tools for control centres and provides integrated services for them – 24 hours a day, seven days a week.