Successful introduction of the day ahead capacity auctions

03 Feb 2014

The introduction of the day ahead capacity auctions at our cross border interconnection points that started as planned on the 28th of January was very successful. During  nearly a week (including the weekend) of day ahead capacity auctions, GTS has seen a positive market response which is providing GTS good confidence in the overall market adaption and clears the path for the planned auctions of monthly, quarterly and yearly capacity products.

GTS is preparing the upload of capacity products for the first yearly capacity auction that will take place on the 3rd of March 2014.  On Friday the 7th of February in the afternoon PRISMA will publish the available GTS capacities for the  yearly capacity products.  With regards to the first auction of monthly capacity for March 2014, PRISMA will publish the available GTS capacities as of the 10th of February and the auction will take place on the 17th of February.