EnergyStock Spring 2016 Auction successful; 105,000 MWh WGV sold

16 Mar 2016

The EnergyStock Spring 2016 Auction took place on 15 March 2016 and auctioned a Volatility Trading service with a start date of 1 April 2016 and an end date of 31 March 2017. This trading service with limited within day flexibility has been developed to capture intrinsic value and spot volatility value.

In total 105,000 MWh Working Gas Volume, 135 MWh/h Injection capacity and 270 MWh/h Withdrawal capacity was auctioned, divided in three tranches. There was much interest and the auction was oversubscribed. Again new parties have registered as customer and participated in the auction. A straightforward bidding process facilitated the auction and all the tranches were sold.  

EnergyStock also sells services on a bilateral basis

The total auctioned volume and capacities were limited in this auction compared to previous years, since EnergyStock successfully sold services on a bilateral basis. Besides the auctioned trading service, EnergyStock offers services with full flexibility on a bilateral basis. If you wish further information about our services, please contact our commercial team via info@energystock.com.