Conexus announcement on Inčukalns UGS capacity auction

JSC “Conexus Baltic Grid” (Conexus) announces one-year bundled capacity auction of Inčukalns underground gas storage (UGS), which will take place on May 6, 2021.

Indicative maximum available storage capacity amount is 2 565 982 MWh. Within framework of Auction maximum available storage capacity amount will be clarified and separately announced in publication on May 3, 2021 in AS "Conexus Baltic Grid" web site, taking into account publication of updated storage capacity auction schedule in AS "Conexus Baltic Grid" web site on April 16, 2021 and storage regulation point 9.

Application to participate in the auction referred to in this notice can be submitted until May 3 inclusive. Encrypted auction bids shall be submitted on May 6, from 12:00 to 14:00 (Latvian time) and passwords to open offers from 14:00 to 15:00 (Latvian time). The results after the compilation will be announced on May 7 by 11:00 (Latvian time).

• Auction regulation is available HERE;
• Auction application is available HERE;
• Auction offer is available HERE.