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TAQA sells out Bergermeer storage capacity

TAQA sold the remaining 3.25 TWh for storage year 2018 during a fixed price auction on 22 February 2018.

A reserve price of 1.50 €/SBU was applicable, but TAQA sold the available capacity with a cut-off price of 1.52 €/SBU and a weighted average price of 1.59 €/SBU. Overall demand above the reserve price was more than twice the capacity on offer. All capacity for storage year 2018 has now been sold.