Prices increase in Luxembourgish GO auction despite the increasing auction volume

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The Institut Luxembourgeois de Regulation (ILR) held an auction for 2022 Q1 production from 26 to 29 April 2022.

A summary of the prices and bid ranges is given in the graph below:

As usually, all volumes offered were fully sold. The total auction volume increased by a quarter from 153 GWh for Q4 2021 to around 175 GWh for Q1 2022.

• Wind GOs’ allocated volume (101.30GWh) were up around 24% compared to the last quarter (81.92GWh for 2021Q4), with the volume-weighted average price (VMAP) ri...

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