Current Report No.: 41/2021
Current Report No.: 41/2021
Date of Preparation: 20 December 2021
Issuer's Abbreviated Name: ENEA S.A.
Subject: Information on the preliminary outcome of the capacity market auction for 2026 announced by PSE
Legal Basis: Article 17(1) of the Market Abuse Regulation - confidential information
Body of the report:
With reference to Current Report No. 40/2021, the Management Board of ENEA S.A. ("Company") hereby reports that on 20 December 2021 Polskie Sieci Elektroenergetyczne S.A. announced the preliminary outcome of the primary capacity market auction for 2026, including the capacity auction closing price of PLN 400.39 per kW per year.
Accordingly, the Company estimates that the ENEA Group's revenue from the capacity market may amount to an annual average for existing units (with a capacity contract for 1 year) and the contracted 1,028 MW approximately PLN 412 million. In turn, the total estimated revenue of the ENEA Group for 2026 from the capacity market, taking into account its previously contracted capacity obligations, will amount to approximately PLN 632 million.
These capacity obligations may not be treated as the final outcome of the capacity auction. The final outcome of the capacity auction will be announced by the President of the Energy Regulatory Office in the authority's Public Information Bulletin on the business day immediately following the 21st day after the completion of the capacity auction. Until then, all contracts for the sale of capacity obligations remain conditional.
At the same time, please be advised that if the final outcome of the capacity auction turns out to be significantly different from the preliminary outcome presented above, the Company will provide an update in the form of another current report.
