DONG Energy Generation has just completed the last of four auctions taking place in 2008 where two products were successfully sold:

3-months' product
100 MW delivered in the first quarter of 2009 was purchased by 3 companies. In the auction, an option price of 20.70 EUR/MWh (equivalent to a Total Option Price of 44.700 EUR/MW) was determined for the right to use the capacity in the first quarter of 2009.

Owners of 3-months' Virtual Power Plant Capacity pay an additional set price of 31.72 EUR/MWh when electricity is supplied.

1-year product
200 MW delivered in the year 2009 was purchased by 5 companies. In the auction, an option price of 18.15 EUR/MWh (equivalent to a Total Option Price of 159.012 EUR/MW) was determined for the right to use the capacity in the year 2009.

Owners of 1-year Virtual Power Plant Capacity pay an additional set price of 32.32 EUR/MWh when electricity is supplied.

Next auction
The next auction is scheduled for 24 February 2009 where 100 MW is offered for supply. The product is 100 MW defined by a duration of 3 months, starting 1 April 2009.

In cooperation with the Danish Competition Authority, DONG Energy Generation has appointed Deloitte as Trustee to ensure the smooth operation of the auction. The auction itself takes place on the internet through the Nordic Power Exchange, Nord Pool, in Oslo. The details of the bidders are kept confidential thus information is not made available or disclosed to the individual bidders or DONG Energy Generation.

If you have further questions regarding the VPP auctions you are welcome to contact:

(Please note the changed contact info!)
Head of Planning, General Manager Lars Blaaberg, phone +45 99 55 29 71 or
Portfolio Management, Lasse Pilsmark, phone +45 99 55 24 59