Storengy UK will be holding auctions for flat 30/30 products in Storage Years 2021 and 2022 on 22nd July 2021
Following our auctions on the 22nd July 2021 (as detailed below), we have now sold all of our gas storage capacity for the current storage year. We have also sold the majority of our capacity for the next storage year. The remaining storage space for the next storage year is expected to be sold at auction towards the end of 2021.
If you are interested in acquiring this space or storage space for future years, and do not currently receive our market communications for upcoming auctions, then please contact the Marketing Team (firstname.lastname@example.org) and we would be happy to add your details to our distribution list for all future notifications.
Storengy UK will hold auctions in July 2021 for storage space capacities in Storage Years 2021/2022 & 2022/2023
The product 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 capacity available is as follows:
- 600 GWh of Capacity for Storage Year 2021/2022
- 1020 GWh of Capacity for Storage Year 2022/2023
Existing and prospective customers are welcome to bid for this capacity based upon the Auction Terms and Conditions.
If you would like to take part in our auctions, then please register your authorised representatives for submitting bids using the following link:
The Product Sheets for the storage products, can be found below:
The products will be offered subject to Auction Terms and Conditions, and with reference to the latest Storage Service Contract. Please view the auction documents below:
- Auction Terms and Conditions
- Auction FAQ – All Auctions
- Bid Form - SY21/22, 30/30 Flat Product
- Bid Form - SY22/23, 30/30 Flat Product
The following contract Proformas will be used for this auction:
Storage Service Contract (SSC):
The storage service contract is the signature sheet and umbrella document for the rest of the contract.
Annex 1: 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)
The general terms cover all shared aspects of customers contracts, from definitions to product operation to legal boilerplate.
Schedule 1: Credit Agreement
Details the different options accepted by Storengy for credit support.
Registering Authorised Representatives for Auctions
All auction bids must be submitted by an authorised representative for their business. We invite all parties who may be looking to submit a bid in either of the auctions to register their authorised representatives via the link below, prior to the auctions.
Upon following the link you will simply be asked to enter a few key details for your business, and the names and contact details of anyone who may submit a bid on your business’ behalf.
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 email@example.com and we will send an update when additional information is released.
Details of our auction in November 2020 can be found in the video below: