Newsletter - July 16, 2010
Next auction
The next VPP auction is scheduled to take place on 31 August 2010.
The auction will include two products:
- Quarterly product: 100 MW delivered in Q4-10.
- 36 Months product: 100 MW delivered in YR3-13 (2011-2013).
DONG Energy Power looks forward to see both new and existing bidders at the next auction.
Bid Security published
The Bid Security for the upcoming auction has been published on the confidential section of www.dongenergyvpp.com.
Deadlines for upcoming auctions
The application deadline for the upcoming auction is 10 August 2010. A complete overview of the application procedures "Application guide for August auction 2010" is available in the confidential section of the www.dongenergyvpp.com.
Please submit the following material before the application deadline:
Schedule A: Application for qualification to bid
Schedule B: Bid Security Information Form
Schedule C: Power of Attorney
Only required:
- If there are changes to the existing Power of Attorney
- If the existing Power of Attorney expires
Schedule F: Parent Company Guarantee (if relevant)
New bidders are also required to submit:
| Master Agreement |
To DONG Energy Power A/S |
| Nomination and Delivery Agreement |
To Nord Pool SPOT AS |
| ETS Agreement (is necessary) And Agreement of addendum to the ETS agreement |
To Nord Pool ASA |
| Confidential information to Trustee (art. 2.9) Balance obligation Agreement (copy) |
To Deloitte |
Mock auction on 24 August 2010
The mock auction is scheduled to take place on 24 August 2010. Prior to the mock auction, each applicant will receive a notification of whether or not the company is approved to take part in the auction.
Indicative energy price
Indicative energy prices for VPPQ4-10 and VPPYR3-13 are published on www.dongenergyvpp.com. Regular updates will be done from every Tuesday from week 29 until a week prior to the auction.
Questions
Questions concerning VPP and the upcoming auction please contact:
Head of Planning, General Manager Lars Blaaberg, phone +45 99 55 29 71
or
Portfolio Management, Lasse Pilsmark +45 99 55 24 59
or
Portfolio Management, Palle Cortzen Dumstrei +45 99 55 92 75