October 2005 to March 2006

Phase 2

Seasonal Auctions - October 2005 to March 2006
National Grid and Réseau de Transport d'Electricité are pleased to announce the results of the seasonal auctions held on 13 September 2005 for the period 23:00 30/09/05 to 23:00 31/03/06.

France to England
150 MW allocated to four separate market participants. The price and capacity for each successful bid is published below:

Capacity
Price per MW
Per season - €
50
101,577.00
50
101,575.00
25
101,555.00
25
101,546.00
150

England to France
150 MW allocated to four separate market participants. The price and capacity for each successful bid is published below:

Capacity
Price per MW
Per season - €
37
1,661.00
51
1,635.00
50
1,627.00
12
1,599.00
150

[1] The identity of the bidders has not been published on the grounds of commercial confidentiality

Phase 1

Seasonal Auctions - October 2005 to March 2006
National Grid and Réseau de Transport d'Electricité are pleased to announce the results of the seasonal auctions held on 18 August 2005 for the period 23:00 30/09/05 to 23:00 31/03/06.

France to England
150 MW allocated to four separate market participants. The price and capacity for each successful bid is published below:

Capacity
Price per MW
Per season - €
25
100,565.00
25
100,222.00
50
100,035.00
50
100,000.00
150

England to France
150 MW allocated to four separate market participants. The price and capacity for each successful bid is published below:

Capacity
Price per MW
Per season - €
25
3,035.00
50
3,000.00
50
3,000.00
25
3,000.00
150

[1] The identity of the bidders has not been published on the grounds of commercial confidentiality