Next steps sales process Storage Year 2025 and beyond including short-term auction in
EnergyStock has completed the first EOI phase for long-term contracts. We would therefore like to inform you on the next steps of our sales process.
Long-term contracts
Last week, EnergyStock has started the follow-up discussions on long-term contracts with interested market parties based on their submitted EOI’s. We are working towards an agreement with the various parties in the coming weeks.
Auction short-term flexibility services for SY25
EnergyStock plans to auction its one-year flexibility services for Storage Year 2025 in December of 2024. Two different bundles will be offered, where one is faster than the other. The amount and ratio of the bundles will be determined after we know the results of the long-term contract sales process. The minimum quantity of working gas volume available for short-term contracts is approximately 0.5 TWh. The exact date and details of the auction will be shared prior to the auction.