Storage booking tariffs 2020/2021

The applicable bundled unit capacity product one-year tariff for 2020/2021 storage cycle is known

• CONEXUS Board agreed on the applicable value of the one-year bundled capacity product (IPGK BCP1Y) tariff for 2020/2021 storage cycle on 27 May 2020, as the Inčukalns UGS has been booked fully
• The applicable one-year bundled capacity product (IPGK BCP1Y) tariff for 2020/2021 storage cycle is set 0,000694260 EUR/kWh (without VAT) and will be applicable for settlement of storage services from May 1^st, 2020
• The applicable one-year bundled capacity product (IPGK BCP1Y) tariff is for 16% less compared to the previous, 2019/2020 storage cycle, and for 49% less compared to maximum value of IPGK BCP1Y for storage cycle 2020/2021
• According to the PUC decision of April 26, 2018 review cycle for natural gas storage booking tariff  is 3 years
• According to the PUC decision of March 12, 2020 bundled capacity product maximum value of tariff for storage cycle 2020/2021 was set – 0,001379180 EUR/kWh
• IPGK BCP1Y  tariff value for actual storage cycle depends on booked volumes of these product and 100% forecast revenue from Market product (IPGK MP) and 50% forecast revenue from two-year bundled capacity product (IPGK BCP2Y), and has been set in accordance with table of annex of PUC decision of March 12, 2020

Storage service tariffs for the 2020/2021 storage cycle

Storage services for 2020/2021 storage cycle will be available for booking from March 17th, 2020.

​​The new storage tariffs for the 2020/2021 storage cycle come into effect on April 14th, 2020 and will be following:

Bundled unit capacity product tariffs

• Bundled capacity product (BCP1Y) MAX tariff 0,001379180 EUR/kWh (without VAT)
• 2-year bundled capacity product (BCP2Y) 0,002847410 EUR/kWh (without VAT)

Market product tariff

• Market product (MP) MIN tariff 0,00092000 EUR/kWh (without VAT)
• Available for booking from March 17th, 2020 till August 31st, 2020. Tariff value is published every Monday until 17:00.

*According to the Public Utilities Commission desicion No.47, Annex 2, dated 26 April 2018

Virtual counterflow product tariff - 0,00032200 EUR/kWh (without VAT)

• Applies, if the capacity is booked to market product