Ignitis Gamyba Secures Capacity in Polish Energy Auction

Author: Dylan Bailey Updated: 04-01-2025 09:25 AM

Ignitis Gamyba's Achievement in Polish Capacity Auction

AB “Ignitis grup?” has exciting news regarding its subsidiary, AB “Ignitis gamyba.” The Company has successfully bid to ensure the availability of significant electricity capacity within Poland’s energy market. According to preliminary results from the Polish capacity mechanism quarterly auction for 2026, the Company is set to provide at least 381 MW in Q1 2026 for approximately EUR 8.2 million and 484 MW in Q4 2026 for around EUR 11.5 million.

Overview of the Auction Process

The Polish transmission system operator, Polskie Sieci Elektroenergetyczne (PSE), conducted this crucial auction. However, it’s important to note that these results are still tentative and require the approval of the Polish energy regulator, Urz?d Regulacji Energetyki. An official decision is expected soon, likely in April.

Next Steps Following the Auction

Upon receiving official approval, Ignitis Gamyba will enter into a tripartite agreement with PSE and Zarz?dca Rozlicze? S.A., a billing operator. This agreement will outline the commitment to supply electricity to the grid during critical stress events, utilizing specified facilities. This marks a significant achievement, as it is only the second time a Lithuanian company has secured a win in a Polish capacity mechanism auction.

Implications for the Company's Operations

It’s worth emphasizing that this agreement will not hinder the operations of Ignitis Gamyba’s facilities. The service requirement will only be met if the facility is generating electricity during a stress event or has issued an electricity sale order. Issuing orders in the electricity market is a standard practice, indicating the readiness of Ignitis Gamyba to contribute to energy stability.

The Future of Ignitis Gamyba

Assuming the preliminary results are sanctioned by the Polish energy regulator, no additional notifications will be necessary from the group. Moreover, the Group assures stakeholders that this development will not impact their Adjusted EBITDA and Investments guidance for 2025.

Contact Information for Further Questions

If you require more details or have any inquiries, you can reach out to:

Communication Contact:
Valdas Lopeta
Phone: +370 621 77993
Email: valdas.lopeta@ignitis.lt

Frequently Asked Questions

What is the capacity that Ignitis Gamyba will provide in 2026?

Ignitis Gamyba will provide 381 MW capacity in Q1 and 484 MW capacity in Q4 of 2026.

What is the significance of the Polish capacity mechanism auction?

The auction is crucial for ensuring that sufficient electricity supply is available during peak demand periods.

When will the official decision regarding the auction results be made?

The Polish energy regulator is expected to announce the official decision in April.

How does this agreement affect Ignitis Gamyba's operations?

The agreement does not restrict their operations as long as they meet the required electricity supply conditions.

How can I contact Ignitis Gamyba for more information?

You can contact Valdas Lopeta via phone at +370 621 77993 or via email at valdas.lopeta@ignitis.lt.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.