
Launching Annual+2 Auctions
BritNed is pleased to announce the introduction of its first Annual +2 Auction product.
The latest BritNed Auction Product
BritNed is pleased to announce the introduction of its first Annual +2 Auction product. The inaugural auction ran on 10 – 11 October 2024, offering 50MW of annual 2026 capacity in the GB-NL direction.
Commenting following the publication of the final auction results, Jon Cole, Customer and Markets Manager at BritNed, said: “We are delighted to offer another auction product to our customers, helping to provide even greater choice and flexibility in their trading activity. We saw high participation in this initial auction, demonstrating that as per our research, this is something our customers wanted and needed, as the energy landscape continues to evolve at pace.


We are delighted to offer another auction product to our customers, helping to provide even greater choice and flexibility in their trading activity.
Providing flexibility, convenience, and control
“Our new Annual +2 Auction sits alongside our seven other capacity auctions within our portfolio, including the two new auctions we launched earlier this year. In April, we launched the unique Buy Now auction, which is the first Dutch-style interconnector auction of its kind, and in May we launched the first Weekly Auctions.
“Alongside the rest of our auction portfolio, the Annual +2 Auction was held in our trading and nomination platform, Empire. With its cutting-edge technology, Empire enables us to respond to market needs at pace and release new auction types as required by the market. We will continue to deliver innovations and new trading possibilities to our participants, with more scheduled for 2025, so watch this space.”
learn more
Contact the team on customer.enquiries@britned.com to learn more about Annual+2 auctions.