Newsletter - January 2011

Next auction

The next VPP auction is scheduled to take place on 22 February 2011.

The auction will include one product:

- Quarterly product: 100 MW delivered in Q2-11.

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 February 2011. A complete overview of the application procedures "Application guide for February auction 2011" 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 Nasdaq OMX Commodities Oslo
Confidential information to Trustee (art. 2.9) Balance obligation Agreement (copy)	To Deloitte

Mock auction on 15 February 2011
The mock auction is scheduled to take place on 15 February 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 price for VPPQ2-11 is published on www.dongenergyvpp.com. Regular updates will be done from every Tuesday from week 2 until a week prior to the auction.

Questions

Questions concerning VPP and the upcoming auction please contact:

Portfolio Management, Lasse Pilsmark +45 99 55 24 59
or
Portfolio Management, Jens Henrik Henriksen +45 99 55 77 36