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Tender Trading VSH 4+6Y

You are looking for storage capacities for a longer period of time and appreciate high flexibility in the product as well as flexibility and comfort in the contract conditions? We have something for you. 

In a two-stage tender process we market a capacity of 1.0 TWh for the first 4 years (base period) and a further 1.15 TWh for the following 6 years (option period) at a fixed price. The option can be exercised annually for one or more years from the 5th year and does not have to be selected en bloc for 6 years.

The "Trading VSH" product in the GASPOOL market area has been turned over in 164 days. The storage customer takes over the transport booking and there is a variable fee for the injection. 

In addition to the option right for the storage customer, this product has two other special features in the base period compared to our standard product "Trading VSH": We participate in the risk of rising transport costs as well as in the risk of a rising conversion levy.  

 

Conditions of participation

The registration phase for participation in the procedure has ended. The contract documents are available to registered users in the Easystore customer area. 

The bidding phase will take place on 01/07/2019. 

Capacity
  Base period  Option period
WGV in GWh 1,000.00   1,150.00 
IR in MWH/h 600.00 690.00
WR in MWh/h 820.00  943.00
Market area GASPOOL
Gas transfer point Ontras VGS Storage Hub
Service period Base period: 01/04/21, 6 am - 01/04/25, 6 am
Option period: 01/04/25, 6 am - 01/04/31, 6 am
Transport booking and nomination by storage customer
Variable fee according adjustment formular
Characteristics firm
 
  Base period Option period
  Working gas volume GWh 1,000.00 1,150.00
  Injection rate MWh/h 600.00 690.00
  Withdrawal rate MWh/h 820.00 943.00
  Injection duration days 91 91
  Withdrawal duration days 73 73
  Turn over period days 164 164

 

 

 

 

 

Documents

 
Power of Attorney Icon - Ansehen und Download des Dokuments
KYC Icon - Ansehen und Download des Dokuments
Conditions of participation  Icon - Ansehen und Download des Dokuments

 

In contrast to our standard product "Trading VSH", there are two special features within the base period for the tender procedure "Trading VSH 4+6Y":

We participate in the risk of rising transport costs as well as in the risk of a rising conversion levy.

Base period

In the tender procedure, you bid on a fixed price in €/MWh/a for the base period. This fee is valid for the entire term of the base period (4 years).

Option period

The option price is calculated from the fixed price of the base period plus a premium determined by VGS. It is subject to an annual adjustment from the second storage year in the option period in accordance with the published fee adjustment formula.

 

Capacity
  Base period  Option period
WGV in GWh 1,000.00   1,150.00 
IR in MWH/h 600.00 690.00
WR in MWh/h 820.00  943.00
Market area GASPOOL
Gas transfer point Ontras VGS Storage Hub
Service period Base period: 01/04/21, 6 am - 01/04/25, 6 am
Option period: 01/04/25, 6 am - 01/04/31, 6 am
Transport booking and nomination by storage customer
Variable fee according adjustment formular
Characteristics firm
 
  Base period Option period
  Working gas volume GWh 1,000.00 1,150.00
  Injection rate MWh/h 600.00 690.00
  Withdrawal rate MWh/h 820.00 943.00
  Injection duration days 91 91
  Withdrawal duration days 73 73
  Turn over period days 164 164

 

 

 

 

 

Documents

 
Power of Attorney Icon - Ansehen und Download des Dokuments
KYC Icon - Ansehen und Download des Dokuments
Conditions of participation  Icon - Ansehen und Download des Dokuments

 

In contrast to our standard product "Trading VSH", there are two special features within the base period for the tender procedure "Trading VSH 4+6Y":

We participate in the risk of rising transport costs as well as in the risk of a rising conversion levy.

Base period

In the tender procedure, you bid on a fixed price in €/MWh/a for the base period. This fee is valid for the entire term of the base period (4 years).

Option period

The option price is calculated from the fixed price of the base period plus a premium determined by VGS. It is subject to an annual adjustment from the second storage year in the option period in accordance with the published fee adjustment formula.

 

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