AB Ignitis grup On The Tentative Award Of A Polish Capacity Mechanism Auction For 2027 To Ignitis Gamyba
22 Dezembro 2022 - 1:15PM
UK Regulatory
TIDMIGN
AB "Ignitis grup " (hereinafter -- the Group) informs that its
subsidiary AB "Ignitis gamyba" (hereinafter -- the Company) is to
ensure the availability of 250 MW capacity in the market in 2027
for approx. EUR 16 million in accordance with the preliminary
results of the Polish capacity mechanism auction for ensuring
capacity availability in 2027 (hereinafter -- the Auction)
conducted by the Polish transmission system operator Polskie Sieci
Elektroenergetyczne (hereinafter -- PSE). This would have a
positive effect on the results of the Flexible Generation segment
of the Group.
The Group notes that the auction results are tentative and have
yet to be officially approved by the Polish energy regulator (Urz d
Regulacji Energetyki). The official decision should be made in
January. After the official approval of the PSE Auction's results,
the Company is to sign a tripartite agreement between the Company,
PSE and a billing operator Zarz dca Rozliczeń S.A. regarding a
commitment to supply electricity to the electricity network during
a stress event using a specific unit. This is the first time in
history where a bid of Lithuanian company won a Polish capacity
mechanism auction.
This agreement will not restrict the Company's facilities
activities because the service will be considered to be provided if
the Company's facility providing the service will actually be
generating electricity during a stress event in the Polish energy
system or if it will have already issued an electricity sale order
in the electricity market. Issuing orders in electricity markets is
a common practice.
For more information please contact:
Art ras Ketlerius
Head of Public Relations at Ignitis Group
https://www.globenewswire.com/Tracker?data=EEeL0e7oDY_eLHv8XyW-SuRGSzfxgGDYuL13ngHhXdduU8ROOeos9f2R-1Nkh78C2XqkbKpxZWv2eHaaQq2nvNCZR6j9623aNUpiCc8_vn72m4QX1gZIUJ4xsDvER414m00RjTxBbCNLJh35xHv3h3vXaHS0CYIEGcrcXW35f9GZLLn7-zrYvdUefcRR7oCcYN-yGa1t1YO5vfIiTXIUqmAFuWiUnO-Y10EckB1kzT85XesabZaPLGiDbJhO5nGleIz397jk61kJi2Zvfr3NunCccVBL_f_r0L6INRluiNaeJlepFB5pyZI6oKN1Bxxe9lF6rUQ9VIun3Y4nTvz12ED2YIZs-ynvKg14zRETe-vdnYtBSMcxts09bDvrlDkpfPoqcjT1XW6GkAY0DGuQh7h9_x-UCZuqImb0YehrNRD3TyldGXBgR1DecLunQlRL5Rrl4VT9Blj8o9dR0ZwoOVagVaJUVmmV4leuu6KUqhdICCEudoEKEwKYMewoJ7o_i011zVCEP3psaEHBOv2BTw==
arturas.ketlerius@ignitis.lt
+370 620 76076
(END) Dow Jones Newswires
December 22, 2022 11:15 ET (16:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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