Trading Hub Europe GmbH today opened the submission of bids for the new balancing gas product Load Reduction (LRD). Balancing group managers who are prequalified as a blancing gas provider for the LRD product can now submit corresponding offers via the Balancing Services Portal. Bidders are free to specify the lot size and the lead time for their submission. The price model can also be selected by the provider.
THE will issue a call order for contract periods from 1 October 2022 the earliest.
The product description and the prequalification rules for the LRD product and the updated General Terms and Conditions for balancing gas can be found under the following links: