Announcement of PSE S.A. on unilateral monthly auction of the transmission capacities on the Polish-Ukrainian interconnection (line 220kV Zamość-Dobrotwór) for JULY 2016 (Reservation period 1.07.2016 – 31.07.2016)

Polskie Sieci Elektroenergetyczne S.A., acting as Auction Office, informs that on 24th May 2016 starts the unilateral auction of the transmission capacities on the Polish-Ukrainian interconnection for the reservation period: 1.07.2016 – 31.07.2016.

We inform, that PSE S.A. has published on PSE S.A. website Auction Rules (“Rules for monthly auctions of transmission capacity on PSE S.A. and  NEK UKRENERGO cross border interconnection organized unilaterally by PSE S.A. in 2016”).

Therefore today, i.e. 24th May 2016, starts the process of registration of Auction Participants. Registration Forms can be submitted to the Auction Office not later than 7th June 2016, at 4 p.m.

Please be also advised that “Announcement of unilateral monthly auction of transmission capacities for JULY 2016 (i.e. reservation period beginning on 1st July 2016 and ending on 31st July 2016) will be published on 1st June 2016 on our website.

PSE S.A. informs, that other detailed information regarding allocation process of transmission capacities of aforementioned interconnection can be reached at auction.office@pse.pl or by calling +48 22 242 2005.

Detailed monthly auction schedule for JULY 2016:

Reservation Month	Publishing of Offered Capacity	Closing date for the Submitting Registration Forms 16:00	Closing date for submitting the Bids 12:00	Publication of the Results until 16:00
JULY 2016	01.06.2016	07.06.2016	09.06.2016	09.06.2016

Payment schedule:

Reservation Month	Issuing invoices	Due date of invoices	Expiration of payment period
	Deadline 4K	Deadline 5K	Deadline 6K
JULY 2016	10.06.2016	20.06.2016	27.06.2016