CEZ should announce the result of the auction of 400MW of its capacity for 2006 based on an anti-monopoly decision (relating to the acquisition of Severoceska energetika). Demand was 5.5x higher that the capacity offered. There were 17 parties interested, both domestic and foreign, while 16 submitted bids. CEZ set a price to cover its costs at CZK 4.5m per MW. The auction should serve as an important signal for electricity prices going forward, while the oversubscription should support electricity price growth.