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Auctions 2022

Storengy UK will be holding auctions for flat 30/30 products in Storage Years 2022, 2023 and 2024 on the 22nd and 23rd March.

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Storengy UK will hold auctions on Tuesday 22nd March 2022 and Wednesday 23rd March 2022, for storage space capacities in Storage Years 2022/2023, 2023/2024, and 2024/2025

The product will be our standard 30/30 product as described in the Product Sheets and by our GTCs. Storage space will be available in bundles of 30 GWh.

The capacity available is as follows:

  •  990 GWh of storage space for Storage Year 2022/2023
  • 1,020 GWh of storage space for Storage Year 2023/2024
  • 1.020 GWh of storage space for Storage Year 2024/2025

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 for our auctions and please register your authorised representatives for submitting bids using the following links:

 

Auction Registration Links

Storage Year 2022/2023 Auction Registration

Storage Year 2023/2024 Auction Registration

Storage Year 2024/2025 Auction Registration

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

SY22/23 30/30 Flat Product

SY23/24 30/30 Flat Product

SY24/25 30/30 Flat Product

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:

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 

          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.

 

Registering for Auctions

All parties looking to take part in the auctions will need to register for each auction to enable them to place bids. Bids will be placed online via our online Auction portal.

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 any of these auctions to register for the relevant auctions, and also 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.

Auction Registration Links

Storage Year 2022/2023 Auction Registration

Storage Year 2023/2024 Auction Registration

Storage Year 2024/2025 Auction Registration

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

If you have any further queries around the auctions, or the auction documentation, or would simply like to know more about Storengy UK and our products, then please email our Commercial Team at: commercial@storengy.co.uk.

Details of our auction in November 2020 can be found in the video below:

November '20 Auction