Description
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Hintco strictly adheres to the principles of non-discrimination and transparency in order to ensure a high level of competition during the auction. The auction procedure is designed to be product-neutral. Producers can therefore supply renewable hydrogen or renewable ammonia or renewable methanol to Hintco. Hintco requires that the product is produced using renewable energy and in compliance with sustainability requirements as specified in the Performance Specifications and the Hydrogen Purchase Agreement, incl. its Annexes. The auction process will be carried out as follows: === First of all, Hintco will assess the eligibility of the candidates with regard to the subject of the auction. Interested companies must therefore submit a request to participate. === This request to participate is assessed by Hintco in two stages: first for a complete submission on time and in the correct form, then for eligibility based on defined criteria. Candidates meeting all minimum requirements will be invited to a negotiation phase (see Section 4 Conditions of Participation ). === Hintco will then invite all candidates who have submitted an eligible request to participate to a nondiscriminatory negotiation process that will take place before the submission of a bid (see Section 2 Conditions of the Bidding Phase ). === All bidders receive the same draft HPA as the basis for negotiaion proposals. Negotiations aim to create a single set of HPA contract terms for each regional lot, allowing for competitive bids. All bidders receive the same draft HPA, but the grey-highlighted contract sections are generally excluded from negotiations (deemed non-negotiable). This limit is mainly due to regulation, state aid rules, and Hintco’s operational setup. Exceptions may be considered in justified cases. After negotiations end, bidders have at least 8 weeks to prepare and submit their bids. The dead-line for the submission of bids will not be before March 2026. === Only bids meeting all formal and substantive requirements will be admitted. This requires a final and binding bid in due form and time, a completed Price and Quantity Sheet, an updated project description, a self-assessment of RFNBO certification-readiness, a calculation of the greenhouse gas emissions and a sufficient probability that the bidder will fulfil the contractual obligations (see Section 4 lit. a Conditions of the Bidding Phase). === A price cap of €353/MWh applies. Any bid exceeding this cap in any contract year will not qualify for the auction (see Section 4 lit. b Conditions of the Bidding Phase). === The award criteria for the bids will consist of 90 % volume weighted average price and 10 % maximum optional delivery quantity (see Section 4 lit. c Conditions of the Bidding Phase). === The best bidder(s) of each lot will be subject to an extended validation. As part of the extended validation, the best bidder(s) of each lot according to the award criteria will be requested to provide: a proof of a market-conform return on equity of the project, a proof of a successful RFNBO pre-certification through one of the recognised Voluntary Schemes and, if applicable, a bid bond (see Section 5 Conditions for the Bidding Phase). === This lot only includes production in the Asian countries or territories: Afghanistan, Armenia, Azerbaijan, Bahrain, Bangladesh, Bhutan, Brunei, Cambodia, China, Georgia, Hong Kong (SAR), India, Indonesia, Iran, Iraq, Israel, Japan, Jordan, Kazakhstan, Kuwait, Kyrgyzstan, Laos, Lebanon, Malaysia, Maldives, Mongolia, Myanmar, Nepal, Oman, Pakistan, Palestinian Territories, Philippines, Qatar, Saudi Arabia, Singapore, South Korea, Sri Lanka, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkmenistan, United Arab Emirates, Uzbekistan, Vietnam, Yemen.