Newsletter – October 2011
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Next auction
The next VPP auction is scheduled to take place on 22 November 2011.
The auction will include two products:
- Quarterly product: 100 MW delivered in Q1-12.
- 12 Months product: 200 MW delivered in YR1-12.
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 1 November. A complete overview of the application procedures "Application guide for November auction 2011" is available in the confidential section of the www.dongenergyvpp.com.
Temporary change of contact details
Lasse Pilsmark is on paternity leave until mid-November 2011. Please submit all questions regarding the VPP auction to Rasmus Bischoff Hemmingsen (+45 99 55 96 54 or rabhe@dongenergy.dk) in the meantime.
Note: Addendum to be submitted with November application
Applicants must submit two signed copies of “Addendum to Virtual Power Plant Auctions Master Agreement” before or together with the application for the November auction. The addendum can be found in the confidential section of www.dongenergyvpp.com.
Please submit the following material before the application deadline:
Addendum to Virtual Power Plant Auctions Master Agreement
Schedule A: Application for qualification to bid
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Schedule B: Bid Security Information Form
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Schedule C: Power of Attorney
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Only required:
- If there are changes to the existing Power of Attorney
- If the existing Power of Attorney expires
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Schedule F: Parent Company Guarantee (if relevant)
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New bidders are also required to submit:
Master Agreement
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To DONG Energy Power A/S
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Nomination and Delivery Agreement
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To Nord Pool SPOT AS
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ETS Agreement
and
Agreement of addendum to the ETS agreement
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To Nasdaq OMX Commodities Oslo
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Confidential information to Trustee (art. 2.9)
Balance obligation Agreement (copy)
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To Deloitte
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Mock auction on 15 November 2011
The mock auction is scheduled to take place on 15 November 2011. 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 VPPQ1-12 and VPPYR1-12 are published on www.dongenergyvpp.com. Regular updates will be done every Tuesday from week 41 until a week prior to the auction.
Questions
Questions concerning VPP and the upcoming auction please contact:
Market Operations, Lasse Pilsmark +45 99 55 24 59
Note: Lasse Pilsmark is on paternity leave until mid-November 2011
or
Market Strategy, Rasmus Bischoff Hemmingsen +45 99 55 96 54
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