How to Participate in DET's Auctions?

Modified on: Mon, 25 Sep, 2023 at 11:25 AM

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Overview


In October 2023, the LNG operator Deutsche Energy Terminal GmbH (DET) will hold their first LNG capacity auctions for short-term products on the PRISMA platform.


To participate in their auctions, you need to do the following:

  1. You and your company must be registered on the PRISMA platform
  2. You must request an assignment to DET on the platform
  3. For your assignment to be approved by DET, you will have to provide them with the needed registration documents at the address auctions@energy-terminal.de


To know in detail which requirements you need to fulfil to be approved to participate in DET's auctions on the platform, please refer to DET's website.


Instructions


The DET capacity auctions offering short-term products will run according to the ascending-clock algorithm.


Please find a detailed description of the algorithm in the presentation attached.


Note: The ascending-clock algorithm for LNG capacity differs from the ascending-clock algorithm for transport capacity!

pdf

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