Due to a high demand on the auction of 20 November, GSD will offer another opportunity to reserve the right to purchase SY2019-capacity by conducting a second auction this week.
1 TWh will be offered on option, same terms and conditions as the auction today. Only the reservation price is set to be 0.02 €/MWh this time.
Successful bids in the Auction will result in the conclusion of an Option Agreement with Gas Storage Denmark that, if exercised prior to 1 March 2019 16:00 (CET), shall result in a concluded Standard Storage Agreement for storage capacity in SY2019.
The products on offer and the corresponding strike prices together with all other terms and conditions (incl. price guarantee) are described in the Auction Rules.
If you have any questions or comments please contact us.