Storage capacity auction results
In the capacity auctions of the Inčukalns Underground Gas Storage (UGS) held on 1 March, bidders were awarded a total of 6 013 149 MWh.
As a result of Inčukalns UGS capacity auctions, 2 013 149 MWh have been allocated as one-year bundled capacity product for the 2023/2024 storage cycle and 4 000 000 MWh as the two-year bundled capacity product for the 2023/2025 cycles.
The premium applicable to the one-year bundled capacity product booked in this auction shall be EUR 3,06/MWh, while the premium applicable to the allocated two-year bundled capacity product amount shall be EUR 3,30/MWh.
March 1, 2023 Inčukalns UGS capacity product auction results:
| Capacity product | Capacity available for booking MWh | Total requested amount of storage capacity MWh | Applicable premium EUR/MWh |
| Bundled capacity product | 2 013 149 | 5 963 015 | 3,06 |
| Two-year bundled Capacity product | 4 000 000 | 9 502 360 | 3,30 |
Please follow up detailed auction information, results and information regarding future auctions on Conexus site.