Storage service tariffs for basic products will remain unchanged this year

Today, 3 January 2024, Conexus Baltic Grid AS has published in the Latvijas Vēstnesis the storage service tariffs for the next storage cycle, which will run from 1 May 2024 to 30 April 2025. The tariffs for the basic products of the storage service will remain unchanged!

The tariff for the one-year bundled capacity product will remain at 0.8761 EUR/MWh/storage cycle and the tariff for the two-year bundled capacity product will remain at 0.9308 EUR/MWh/storage cycle. The tariff for the interruptible capacity product will also remain at 0.6981 EUR/MWh/storage cycle.
 
The tariff for the virtual counterflow product is to be reduced from 0.5113 EUR/MWh/storage cycle to 0.4381 EUR/MWh/storage cycle and the tariff for the stock transfer product is to be increased from 1.3581 EUR/MWh/storage cycle to 3.2260 EUR/MWh/storage cycle. The tariff for the stock transfer product is determined by the results of the previous season's two-year auctions for the bundled capacity product, which in turn are determined by market demand.
 
The tariffs will enter into force on 1 May 2024.