Security calculator - quarterly

2023. 07. 21.

With reference to our Newsletter about changes in financial security system, we would like to draw your attention to the following before the first quarterly auctions for 2023/2024 gas year starting on 7 August 2023.

• A calculator containing the tariffs for 2023/2024 gas year is published (available HERE under name ‘Security calculator -quarterly’), with the help of which you can see the requested amount of auction, contractual and if applicable additional security for the planned portfolio in the case of three different risk classifications.
• During auctions running simultaneously for several quarters, the capacity fees and auction premium (if any) are blocked on the RBP for all quarters.
• After the auctions are closed the locked amounts will be released on the RBP, at the same time the contractual security, and in addition, in the case of high-risk category the additional security will be locked on the IP based on the provisions of 4.d GTC and ‘Security calculator - quarterly’ –table available HERE.
• Please ensure that, prior to the quarterly auction(s), the auction security with the amount of 35 million HUF as a minimum should be submitted in the form of cash deposit or a bank guarantee (with validity time 30 November 2024) to our Company.
• You can submit further securities till 12.00 (noon) (CET) 4 August 2023.

Further detailed information: 4.d GTC and Limithandling).

Should you have any questions, please contact us at Show E-mail address .

Regards,

FGSZ Ltd.