FGSZ Foldgazszallito Zrt.

03/07/2024 | Press release | Distributed by Public on 03/07/2024 17:01

ROHU Incremental Capacity Process - Auction and Economic test

ROHU Incremental Capacity Process - Auction and Economic test

2024. 07. 03.

Dear Partners,

In accordance with the provisions of Article 22 of the CAM NC, FGSZ Zrt. and Transgaz S.A. have carried out the economic test of the incremental capacity auctions conducted within the framework of the RO→HU IP incremental capacity process for the capacity levels defined in the joint project proposal.

The results of the economic test show that the level of bids submitted in the auctions do not meet the pre-defined success criteria for any of the incremental capacity levels (level 1, level 2, level 3). Accordingly, the incremental capacity procedure is unsuccessful at the Csanádpalota (RO>HU) interconnection point, and the incremental capacity auctions concerned will be closed and cancelled as the result of the negative economic test.