Current Report No. 46/2018

Belongs to:

  • Reports

Date of preparation: 15 November 2018

Topic: Results of the capacity market auction for 2021 for entities belonging to the ENERGA Group

Legal basis: Article 17(1) MAR - confidential information 

The Management Board of ENERGA S.A. announces that on 15 November 2018, as a result of the capacity market auction for 2021 (main auction), a total of 977 MW of capacity obligation for units belonging to the ENERGA Group was contracted. The closing price of the auction is within the 218.56-240.40 PLN/MW/year range, and pursuant to Article 38.1 of the Capacity Market Act of 8 December 2017, it will be made public by PSE S.A. within 3 working days.

 

The cumulative capacity obligation includes:

- 585 MW for modernised units (with a 5 year capacity contract)

- 392 MW for existing units and Demand Side Response (with a 1 year capacity contract)

 

The above capacity obligations are not the final results of the capacity auction. The final results of the capacity auction shall be announced by the President of the Energy Regulatory Office in the Public Information Bulletin on his website, on the first working day following the 21st day after the end of the capacity auction. Until then, all contracts of sale of capacity obligations are conditional.

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