Storage capacity auction results

In the capacity auctions of the Inčukalns Underground Gas Storage (UGS) held on 1 March, bidders were awarded a total of 6 013 149 MWh.  

As a result of Inčukalns UGS capacity auctions, 2 013 149 MWh have been allocated as one-year bundled capacity product for the 2023/2024 storage cycle and 4 000 000 MWh as the two-year bundled capacity product for the 2023/2025 cycles.

The premium applicable to the one-year bundled capacity product booked in this auction shall be EUR 3,06/MWh, while the premium applicable to the allocated two-year bundled capacity product amount shall be EUR 3,30/MWh.

March 1, 2023 Inčukalns UGS capacity product auction results:

Capacity product Capacity available for booking MWh Total requested amount of storage capacity MWh Applicable premium EUR/MWh
Bundled capacity product 2 013 149 5 963 015 3,06
Two-year bundled Capacity product 4 000 000 9 502 360 3,30


Please follow up detailed auction information, results and information regarding future auctions on Conexus site.

2023.03.02 07:46:56