please be advised that the auctions regarding
monthly, firm, unbundled capacity products
for the October gas month of the gas year 2015/16
have been registered at the Regional Booking Platform (RBP).
The auction publications regarding the offered capacities are accessible on the RBP Portal.
A Network User shall be entitled to participate in the auction, if,
till 13.00 (UTC) 17 September 2015
A. has completed the registration at the RBP Portal.
B. has concluded the Network Usage Framework Contract under the effective Business Code of FGSZ Ltd.
C. has submitted the copy of the full or limited trading license granted by the Hungarian Energy and Public Utility Regulatory Authority, whichever is applicable.
Upon the 4. point of Resolution No. 5526/2015 of Hungarian Energy and Public Utility Authority no auction security is to be submitted concerning the above auctions. The contractual security calculated on the basis of the allocated capacities must be submitted according the rules of the prevailing Business Code.
The opening time of the above mentioned auctions shall be 21 September 2015 at 07.00 (UTC), which shall mean 09.00 o’clock in Hungary (CET). In the auction the Network Users may submit bids for the required volume in subsequent auction rounds applying pre-determined price steps (ascending clock auction). With regard to the auction process, further information can be found in the ‘Capacity Booking Platform Regulation’ and in the ’User Manual for the Bidder Role’.
The reserve price shall be the capacity fee stipulated by the Tariff Decree (1/2013. (VII. 11.) MEKH Decree), expressed in GCV-based HUF/kWh/h/month at 25⁰C°/0⁰C reference temperature. Price steps mean the auction premium on top of the reserve price, expressed in a percentage of the reserve price. Network Users with a winning bid in the auction are obliged to pay the capacity fee related to the obtained capacity and the eventual auction premium calculated on the basis of the underlying price step.
After the capacity auction is closed, the allocated capacities will be registered in the Contract Management module of FGSZ’s Informatic Platform. Such capacities shall be approved in the module by FGSZ only if the winning Network User has provided the contractual security as well.
The capacities obtained during the auctions launched according to the above data can be used between 1 and 31 October 2015.
Should you have any questions regarding the auctions, please do not hesitate to contact us at firstname.lastname@example.org.