Endesa has acquired 75MW of the interconnection capacity between Holland and Germany in an auction carried out by the Dutch auctioneer, TSO Auction, for July 2006.
In total, Endesa has obtained and will manage 25MW of capacity in the Germany-Holland interconnection in July (potentially 19GWh) and 50MW in the Holland-Germany interconnection (around 37 GWh).
This operation represents a further step in the implementation of Endesa’s European strategy, optimizing its capacity to manage energy in trans-national markets, the Spanish firm said in a statement.
In addition to reinforcing Endesa’s presence in the European market, the company says that these capacity management operations leverage profitable growth opportunities with energy trading.