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New Descending Auction of Storage Capacity

On October 19, 2021 RWE Gas Storage CZ will held an auction for storage capacity available from April 1, 2022. For the first time the auction will be held on the principle of a descending auction. The starting price is set on 49 CZK/MWh and this amount will be gradually reduced until all offered capacity is reserved or the minimum price is reached. All detailed information is described in the Auction conditions and the auction result will be published on the RWE Gas Storage website.