The procedure for conducting auctions

The procedure for conducting capacity allocation auctions at Interconnection Points is regulated by Section XIX of the GTS CodeUA original / EN-UA non-official translation

Capacity periods

In the process of capacity allocation at the auction, LLC Gas TSO of Ukraine offers capacity for the following periods:

1) annual capacity
2) quarterly capacity
3) monthly capacity
4) day-ahead capacity
5) within-day capacity

The only exception is interruptible capacity for the within-day period (paragraph 4 of Chapter 5, Section XIX of the GTS Code)

Types of capacity

LLC Gas TSO of Ukraine offers available capacities separately for each type of capacity:
1) firm capacity, including new (increased) capacity;
2) interruptible capacity;
3) capacity with restrictions, taking into account features specified in Section IX of this Code.

ENTSOG Auction Calendar 2020/2021 – link

Auctions conduction algorithms

The algorithm of the growing auction is used for capacity allocation on annual/quarterly/monthly basis.

A single price algorithm is used for capacity allocation on daily/within-day basis.