Balancing group managers


Balancing group managers


Tender LTO & SCB for April 2024

Trading Hub Europe invites tenders for Long Term Options & Short Call Balancing Services

Trading Hub Europe GmbH (THE GmbH) is inviting bids for the provision of balancing services in the periods indicated below in order to meet its long-term balancing requirements in the multi-quality market area Trading Hub Europe, with bids being requested for the "Hourly" product variant of the “Long-Term Options” (LTO) as well as for the product "Short Call Balancing Services" (SCB).

Please note that for the Hourly product variant of the LTO product as well as for the SCB product, bids are being invited for both the receipt (SystemSELL) and the supply (SystemBUY) of gas by providers, with providers to take and make delivery of low CV gas in the balancing zone specified below.

The tenders are carried out for the 2nd quarter of 2024 (LTO Hourly) and for the month April 2024 (SCB).

Product

LTO Hourly

Contract Period

1 April 2024, 06:00 hours
to 1 July 2024, 06:00 hours

Gas quality

Low CV gas (L)

Direction

SystemBUY and SystemSELL

Balancing zone

low CV zone “West” (LW)

Requirement [MWh/h]

500
(in each direction)

 

 

Product

SCB

Contract Period

1 April 2024, 06:00 hours
to 1 May 2024, 06:00 hours

Gas quality

Low CV gas (L)

Direction

SystemBUY und SystemSELL

Balancing zone

low CV zone „Ost“ (LO)

low CV zone „GTG Nord“ (LGN)

low CV zone „Nowega“ (LNA)

Requirement [MWh/h]

1,500

 (in each direction)

380

 (in each direction)

300

 (in each direction)

If you wish to respond to the above tender invitations, please submit your bids between 27 February 2024, 12 hours to 13 March 2024, 12 hours.

Please submit your bids through our Balancing Services Portal.

THE GmbH will accept bids by 15 March 2024, 12:00 hours by awarding individual contracts (“System Balancing Transaction Agreements”) for the above contract period. Furthermore, we refer to section 5, sentence 7 of the Terms and Conditions for External System Balancing Actions "The Provider shall not be entitled to demand acceptance of one bid or all of the bids by the MAM".

The terms and conditions of the tenders ("Contractual terms & conditions for balancing gas providers") as well as all other documents required for participation in the tenders can be found in the download area in the section "Downloadcenter THE".

Link to the Terms and Conditions for External System Balancing Actions: Terms_and_Conditions_for_External_System_Balancing_Actions

Link to LTO product description: „Long_Term_Options“

Link to SCB product description: „Short_Call_Balancing_Services“