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GSB sold out for SY20

Today TAQA sold its remaining 3 TWh for storage year 2020 during a fixed price auction. 

The auction applied a reserve price of 1.50 €/SBU and capacity was sold with a cut-off price of 5.98 €/SBU and a weighted average price of 6.06 €/SBU. Overall demand above the reserve price was almost 10 times the capacity on offer.

For historical Auction results please click here.