CALL FOR AN ADDITIONAL TENDER TO SUPPLY INDIVIDUAL FILLING REQUIREMENTS
Energinet System Operator announce a call for an additional tender inviting storage customers in the Danish gas market to bid for supply of individual filling requirements.
The purpose of an additional auction is to give successful participants in the auction more time to fill and possibly acquire storage capacity. This is important due to the current extraordinary market conditions.
Deadline for bid submission is:
- 9 July 2021 at 12.00 (CEST)
Energinet System Operator, in its capacity as gas transmission system operator for natural gas in Denmark, wishes to ensure storage filling for the coming winter 2021/2022 in the form of individual filling requirements. Individual filling requirements gives Energinet System Operator back-up of natural gas in the event of Emergency in the Danish gas market.
If this has your interest, please make a bid referring to the Individual Filling Requirements Agreement and the requirements stated below.
This call for tender relates to the supply of individual filling requirements up to a total of 920 GWh.
DELIVERY POINT, DELIVERY DATE AND DELIVERY PROFILE
The delivery point for natural gas stored by the seller under the terms of individual filling requirements is the storage facilities.
The delivery period runs from 16 October 2021 to 5 April 2022. The delivery period consists of three sub-periods: an increment period, 16 October to 31 December 2021, a plateau period, 1 January to 22 February 2022, and a reduction period, 23 February to 5 April 2022. For the incremental period, the individual filling requirements increase linearly from 0 to the maximum level, during the plateau period the individual filling requirements are constant at maximum level and during the reduction period, the individual filling requirements decrease linearly to 0.
The minimum level of individual filling requirements in percentage of the contractual quantity for each gas day in the delivery period is listed in Appendix A.
This call for tenders follows a pay-as-bid principle. No bid in this call for tenders must be less than 10,000,000 kWh or more than 50,000,000 kWh.
Bids must be specified in the bid sheet and returned to Energinet System Operator via e-mail addressed to email@example.com.
If necessary to buy a specific volume, Energinet System Operator is entitled to split a bid. For each bid in the spreadsheet, it is possible for the bidder to indicate whether the bid is an all or none bid or not.
By default, the bids are not set to ‘All or None’. To indicate that a bid is all or none, the bid must be marked with ‘Yes’ in the ‘All or None’ column. If a bid is marked with ‘Yes’ in the ‘All or None’ column either the whole volume indicated in the bid will be accepted or the bid will not be accepted at all.
Only when you have received a confirmation by e-mail your bids will be considered. The confirmation e-mail will be submitted to you no later than ten minutes after the bid submission deadline stated below. Please contact Energinet System Operator if you do not receive a confirmation for your bids to be considered.
Please note that Energinet System Operator will consider alternative options for purchase in the validation of bids. Thus, Energinet System Operator reserves the right to reject any or all bids received.
To be given in DKK, exclusive of VAT and taxes.
BID SUBMISSION DEADLINE
The bid submission deadline is:
9 July 2021 at 12.00 (CEST).
Bids must be submitted to firstname.lastname@example.org. Energinet Gas TSO will announce the result direct to the bidders the same days as bid submission deadline no later than at 15.00 (CEST).
If you have any questions, please contact Birgitte Troelsen at +45 30694228 / email@example.com.
We look forward to receiving your bid(s).