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Auctions 2019

Storengy UK will hold auctions on Wednesday 13th November 2019 for capacities in Storage Year 2020/2021 and Storage Year 2021/2022.

 

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Storengy UK will hold auctions on Wednesday 13th November 2019 for capacities in Storage Year 2020/2021 and Storage Year 2021/2022.

The products will be our standard 30/30 product as described in the Product Sheets and by our GTCs. Storage Capacity will be available in bundles of 30 GWh. The start date of each product will be 1st April 2020 and 1st April 2021 respectively, and the final day will be 30th April the following year.

The capacities available are as follows:

  • 1,710 GWh of Capacity for Storage Year 2020
  • 1,290 GWh of Capacity for Storage Year 2021

Existing and prospective customers are welcome to bid for this capacity based upon the Auction Terms and Conditions.

The Product Sheets for the storage products, can be found below:

SY20/21, 30/30 Flat Product         Product Sheet 30/30 SY20/21

SY21/22, 30/30 Flat Product         Product Sheet 30/30 SY21/22

The products will be offered subject to Auction Terms and Conditions, and with reference to the latest Storage Service Contract. The auction documents can be found below in PDF format:

The following contract Proformas will be used for this auction:

Storage Service Contract (SSC):

          Storage Service Contract

          The storage service contract is the signature sheet and umbrella document for the rest of the contract.

Annex 1: Specific Terms

          Specific Terms 

          The specific terms cover the detail of each customers product. Specifying the capacities, limitations and any additional terms.

Annex 2: General Terms and Conditions (GTCs)

          GTC's 

          GTC's change marked

          The general terms cover all shared aspects of customers contracts, from definitions to product operation to legal boilerplate.

Schedule 1:​​​ Credit Agreement 

          Credit Agreement

          Details the different options accepted by Storengy for credit support.

This page will be kept up to date with further information as it is released.

If you wish to register an interest in these auctions please send an email to commercial@storengy.co.uk and we will send an update when additional information is released.