The announcement of public auctions for the sale of electricity produced by Šoštanj Thermal Power Plant and purchase of emission allowances for TEŠ

Pursuant to the third paragraph of Article 9 and the second paragraph of Article 36 of the Act on Transitional Financing of the Accelerated and Fair Exit from Coal (Official Gazette of the Republic of Slovenia, No. 109/2024 of 20.12.2024) and on the basis of the published rules of both public auctions, the auctions will be conducted by the Borzen Support Center. 

Important information for the application to the auction for the sale of electricity

Important dates 

Tuesday, 7.1.2025 , by 12:00 – The deadline to submit a complete application: The "Application for Auction" form, which is an integral part of the public auction, shall be submitted in writing by post to the address of the public auction organiser or via e-mail to the e-mail address avkcije@borzen.si, whereby the form must be signed with a qualified electronic signature. 

Tuesday, 7.1.2025, by 18:00. - Final information about conducting the auction

Wednesday,  8.1.2025 , until 11:00 – Presentation and testing of the EuroMarket platform

Wednesday, 8. 1. 2025, until 12:00 - Deadline for submission of any auction related questions 

Thursday,  9.1.2025 at 09:30  – Auction time 

Subject of the Auction

The subject of the public auction is electricity generated in the period between 1.2.2025 and 31.12.2025. It is divided into two different products: 

• band energy in the total amount of 30 MW (240,480 MWh), and 

• diagram within which 9 lots will be available (for a total amount of 869,823 MWh). 

A detailed presentation of the auction products is available in Chapter 4 of the public auction. 

Conditions for participation

Any legal or natural person who submits a complete application until the stipulated deadline, is on the day of the application for this public auction included in the balance scheme in the Republic of Slovenia as a balance group responsible party or balance sub-group responsible party and fulfils other conditions set out in this public auction may participate in the auction. 

Upon registration, the applicant is obliged to provide financial insureance for the seriousness of the bid in the form of a bank guarantee or a deposit in the amount of 5% of the value of the bids to be submitted at the auction. 

The following annexes are an integral part of the public auction:  

• Auction application form (Annex 1), 

• Sample of bank guarantee for the seriousness of the bid (“bid bond” template) (Annex 2),     

• Sample of bank guarantee for the good performance of contractual obligations (“performance bond” temolate) (Annex 4), 

• Irrevocable power of attorney (Annex 5),

• Sample of the purchase agreement (Annex 3),  

Detailed information on the public auction is available here. Interested participants can send us questions related to the auction by calling +386 1 620 76 57 or by e-mail at avkcije@borzen.si. 

Important information for the application to the auction for the purchase of emission allowances 

Important dates 

Tuesday, 7.1.2025 , by 12:00 – The deadline to submit a complete application: The "Application for Auction" form, which is an integral part of the public auction, shall be submitted in writing by post to the address of the public auction organiser or via e-mail to the e-mail address avkcije@borzen.si, whereby the form must be signed with a qualified electronic signature. 

Tuesday, 7.1.2025, by 18:00 - Final information about conducting the auction

Wednesday, 8. 1.2025 , until 14:00 – Presentation and testing of the EuroMarket platform

Wednesday, 8. 1. 2025, until 14:00 - Deadline for submission of any auction related questions

Thursday, 9.1.2025  – Auction time

Subject of the Auction 

The subject of the public auction is the purchase of emission allowances, which will be sold by bidders on the basis of predetermined auction rules. 

Details of the subject of the auction: 

• Type of product: emission allowances valid during the fourth period of the European Trading Scheme (ETS), in a total indicative quantity of 1,110,000 EUAs to be delivered from 1 March 2025 to 31 January 2026, 

• Method of transfer: Electronic transfer of emission allowances to the register of emission allowances, 

• Payment: to be made after the transfer of the allowances has been carried out in accordance with the payment deadlines as stated in the draft of the Purchase Agreement. 

A detailed presentation of the subject of the auction is available in Chapter 4 of the public auction. 

Conditions for participation

The auction is open to any legal or natural person who submits a complete application until the stipulated deadline, holds a full and active membership on one of the following exchanges where products related to emission allowances are listed: ICE Endex (list of members: https://www.ice.com/endex/membership) or EEX (list of trading participants). In order to be eligible, participants must also meet other conditions set out in this public auction.   

Upon registration, the applicant is obliged to provide financial insurance for the seriousness of the bid in the form of a bank guarantee or a deposit in the amount of 5 % of the value of the bids that the participant intends to bid in the auction. 

The following annexes are an integral part of the public auction:  

• Auction application form (Annex 1), 

• Sample of bank guarantee for the seriousness of the bid (“bid bond” template) (Annex 2),    

• Sample of bank guarantee for the good performance of contractual obligations (“performance bond” template) (Annex 4), 

• Irrevocable power of attorney (Annex 5),

• Declaration – membership in organized markets (Annex 6), 

• Sample of the Purchase Agreement for emission allowances (Annex 3),   

• Bill of exchange statement (Annex 7). 

Detailed information on the public auction is available here. Interested participants can send us questions related to the auction by calling +386 1 620 76 57 or by e-mail at avkcije@borzen.si.