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) daily 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 – XLSX / PDF (1)

Capacity allocation auctions at Interconnection Points shall be held within the deadlines specified in the auction calendar of the European Network of Transmission System Operators for Gas (ENTSOG calendar). The calendar for capacity allocation auctions at Interconnection Points shall be posted on the TSO’s website within three days from the publication date of the ENTSOG calendar by the European Network of Gas Transmission System Operators for Gas.

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.