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Auctions results for the purchase of active power reserve for the tertiary frequency control in 2011

On November 4th 2010, the auction for the purchase of active power reserve for the tertiary frequency control in 2011 was performed in the business quarters of ELES. As a transmission system operator, ELES is obliged by Energy law to maintain the tertiary reserve for cases of large disturbances in electricity production in Slovenia. The subject of the auction was the purchase of active power reserve for tertiary frequency control in the amount of 348 MW and in a form of three products. Two products were awarded to GEN Energija d.o.o. and one to Energy Financing Team AG. The results of the Auction can be found here:

Results Tertiary Reserve