Auctions result

Auctions

Gas Storage Denmark auctions gas storage capacities as Standard Bundled Units (SBUs) which allow storage customers to inject or withdraw natural gas into and from our storage facilities.

Prior to each auction, Gas Storage Denmark publishes the "Auction Rules" containing detailed terms and conditions for the relevant auction, including the choice of pricing method. 

Use the links below to review the auction rules and other details about expected auction or auctions held in the past.

 

 AUCTION DATE for ANNOUNCEMENT

 

LINK to ANNOUNCEMENT

November 2022  SY22 Rest-of-Year, at least 500 GWh, Pay-as-Bid
CLOSED
  •  Daily in November, RESULT
  • 27 October 2022, AUCTION RULES
30 August 2022  SY23, 1200 GWh Sealed bid with Market Clearing Price
CLOSED
  • 30 August 2022, RESULT
  • 22 August 2022, AUCTION RULES
24 February 2022   2775 GWh Sealed bid with Market Clearing Price and multi-year optionality
CLOSED
  •  24 February 2022, RESULT
  • 10 February 2022, AUCTION RULES
11 January 2022   300 GWh INVERSE STORAGE, Pay-as-Bid
CLOSED
  • 11 January 2022, RESULT
  • 23 December 2021, AUCTION RULES
31 August 2021  150 GWh INVERSE STORAGE, Pay-as-Bid
CLOSED
  • 31 August 2021, RESULT
  • 25 August 2021, AUCTION RULES
15 July 2021

Product A: 1.0 TWh and /or Product B: 0.3 TWh INVERSE STORAGE, Pay-as-Bid

 CLOSED
  • 15 July 2021, RESULT
  • 5 July 2021, AUCTION RULES
24 February 2021  SY21, 1 TWh Sealed bid with Market Clearing Price
 CLOSED
  • 24 Febryary 2021, RESULT
  • 4 February 2021, AUCTION RULES
16 June 2020  ROY SY20, Gas for Capacity Auction, Pay-as-Bid
 CLOSED
  • 16 June 2020, RESULT
  • 8 June 2020, AUCTION RULE
23 April 2020  SY20, 500 GWh, Sealed bid with Market Clearing Price
 CLOSED
  • 23 April 2020, RESULT
  • 3 April 2020, AUCTION RULES
6 February 2020  SY20, 1 TWh Sealed bid with Market Clearing Price
 CLOSED
  • 6 February 2020, RESULT
  • 20 January 2020, AUCTION RULES
9 August 2019  SY19-ROY, 245 GWh for delivery from 10 august 2019 06:00
 CLOSED
  • 9 August 2019, RESULT
  • 6 August 2019, AUCTION RULES
10 July 2019  SY19-ROY, 113 GWh for delivery from 11 July 2019 06:00
 CLOSED
  • 10 July 2019, RESULT
  • 7 July 2019, AUCTION RULES
14 June 2019  SY19-ROY, 108 GWh for delivery from 15 June 2019 06:00
 CLOSED
  • 14 June 2019, RESULT
  • 7 June 2019, AUCTION RULES
4 June 2019 PM  SY20-SY22, 1 TWh option to purchase storage capacity prior to 31 January 2020 at 16:00
 CLOSED
  •  2 June 2019, RESULT
  • 14 May 2019, AUCTION RULES
4 June 2019 AM  SY20-SY22, 2 TWh option to purchase storage capacity prior to 2 September 2019 at 16:00
 CLOSED
  •  2 June 2019, RESULT
  • 14 May 2019, AUCTION RULES
11 April 2019  SY19+20, Multi-round acsending clock auction (2-years SBU, 120/60 product)
 CLOSED
  • 11 April 2019, RESULT
  • 01 April 2019, AUCTION RULES
15 January 2019  SY19, Sealed bid with Market Clearing Price, incl. price guarantee
 CLOSED
  • 15 January 2019, RESULT
  • 11 January 2019, AUCTION RULES
22 November 2018  SY19, Second option to purchase storage capacity incl. price guarantee
 CLOSED
  • 20 November 2018, RESULT
  • 09 November 2018, AUCTION RULES
20 November 2018  SY19, Option to purchase storage capacity incl. price guarantee
 CLOSED
  • 20 November 2018, RESULT
  • 09 November 2018, AUCTION RULES
2 May 2018  SY19, SY20, SY21, Option to purchase storage capacity under Tyra
 CLOSED
  • 02 May 2018, RESULT 
  • 20 April 2018, AUCTION RULES
25 April 2018 SY18, Pay-as-Bid with Reservation Price for the remaining storage capacity in SY18
 CLOSED
  • 25 April 2018, RESULT
  • 25 April 2018, RESERVATION PRICE
  • 17 April 2018, AUCTION RULES
22 March 2018  SY18, Pay-as-Bid with Reservation Price
  CLOSED
  • 22 March 2018, RESULT
  • 22 March 2018, RESERVATION PRICE
  • 12 March 2018, AUCTION RULES

 

For information regarding auctions back in time, please see the Historical Sale to the right.

You are also welcome to contact us directly if you have any other inquiries. 

 

 

 

AUCTION ANNOUNCEMENT

The Auction Rules valid for each auction will be published in due time prior to the auction by:

  • direct mailing to registered storage customers
  • publishing a news on our website

In addition, you have the opportunity to follow the auctioning of storage capacity in the table to the left, which is dedicated to gathering all noteworthy information about auctions.

HISTORICAL SALE

View historical prices for sold storage capacity Historical sale