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dongenergy.com

Newsletter – December 2011

Next auction
The next VPP auction is scheduled to take place on 7 February 2012.

The auction will include one product:

 - Quarterly product: 100 MW delivered in Q2-12.

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 17 January 2012. A complete overview of the application procedures "ApplicationGuide for February auction 2012" 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 31 January 2012
The mock auction is scheduled to take place on 31 January 2012. 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 VPPQ2-12 is published on www.dongenergyvpp.com. Regular updates will be done from every Tuesday from week 1 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
or
Market Strategy, Rasmus Bischoff Hemmingsen +45 99 55 96 54

 

 
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