Auction seasonal 7Fields product at indexed price

Uniper Energy Storage GmbH (UST) offers storage capacities in 7Fields at indexed-price for two years. The storage facility is connected to the market areas NCG (standard) and CEGH (optional). A usage of transport services in Austria is possible via the distribution network (Zagling) and the transmission grid (Überackern). Customers can choose if they wish to conclude a supplemental agreement for transport in Austria.

In total up to 73 storage bundles (1,460 GWh) are available. The bundle structure enables a seasonal usage with an injection within 189 days and withdrawal within 105 days.

Firm working gas capacity 20,00 GWh
Firm withdrawal rate 10,00 MWh/h
Firm injection rate 5,56 MWh/h

The price for the Indexed Product 7Fields is linked to the summer-winter spread. Bidders can submit their bid on the Variable A for the price formula in the course of the auction. Irrespective of the trend in the Spread, a minimum price shall apply for the specific storage fee (P). To determine the minimum price the bidder submits a bid on the Variable B. 

 

The price formula is:     P (€/MWh) = Spread + A

Minimum price:             B (€/MWh)

Further information and the respective contract documents can be found in the published auction.

The auction runs on 30 November 2017 between 13 and 14 hours CET in the Storage Portal of UST.

Bids can only be submitted via the Storage Portal of UST. In order to be able to participate in the auction, the bidder needs to be an “Advanced User” in the storage portal. Kindly register and fill in the authorization form which you can download in the area “My Account” in order to become an “Advanced User”.

Your regular contacts will always be pleased to answer any queries and receive any comments you may have.