Conexus announcement on Inčukalns UGS capacity auctions

JSC “Conexus Baltic Grid” (Conexus) announces one-year bundled capacity and two-years bundled capacity product auctions of Inčukalns underground gas storage (UGS), both of which will take place simultaneously on February 1, 2022.

Conexus is auctioning a one-year bundled capacity product for the next storage cycle in amount of 5 696 937.919 MWh and a two-year bundled capacity product for the next two consecutive storage cycles in amount of 4 000 000 MWh.

Electronically signed and password protected auction offers can be submitted on February 1 from 12:00 to 13:00. Passwords shall be submitted on February 1 from 13:00 to 14:00. The results after the compilation will be announced on February 2 by 11:00.

We inform that separate announcements about further auctions will not be published. Please follow up detailed auction information on Conexus site https://www.conexus.lv/storage-capacity-auctions.