Gasstorage auction 2018

Auction for storage capacity in SY18/19

Published 12.3.2018 01.00
Gas Storage Denmark will conduct a pay as bid auction on 22 March 2018

Dear Storage Customer

 

Gas Storage Denmark is pleased to inform you that we will conduct a pay as bid auction on 22 March 2018. The auction starts at 12:00 and ends at 14:00 (CET).

 

We offer 700 GWh storage capacity based on a 1- year seasonal flex SBU (170 days injection/85 days withdrawal). A reservation price will be published at 11.00 (CET) on the auction date.

 

If you would like more injection and withdrawal capacity on top of the seasonal flex SBU then you can buy capacity up to 120 days injection/60 days withdrawal after the auction.

The unit prices for additional firm capacities have been determined to: 

 

  • 650 €/MW for injection capacity

  • 650 €/MW for withdrawal capacity

 

All storage customers successfully bidding on the Auction are welcome to submit request for additional flexibility prior to 16:00 on Friday, 23 March 2018.

The capacity will be available as a 1 year product with start 1 May 2018.

 

Please see the following documents for further information:

 

If you have any question please contact us.

 

LOGO for GSD