Current Report No. 35/2019
Belongs to:
- Reports
Date : 11.12.2019
Subject: Results of the capacity market auction for 2024 published by Polskie Sieci Elektroenergetyczne S.A.
Legal basis: Article 17(1) MAR – confidential information
Following report no. 33/2019 dated 6 December 2019, the Management Board of ENERGA S.A. announces that on 10 December 2019 Polskie Sieci Elektroenergetyczne S.A. published initial result of the capacity market main auction for 2024, including the closing price for the capacity auction which is 259,87 PLN/kW/annum.
The Energa Group companies concluded capacity agreements for 1 year (ie for 2024) with a capacity obligation of 529 MW, under which the total revenues may amount to PLN 137,4 million.
The auction closing price provided does not constitute the final capacity auction result. 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.
Only if the final auction results differ from the interim results, will Energa S.A. publicly announce adjusted data.