Balancing group managers


Balancing group managers


Special Tender Long-Term Option (RoD)

Trading Hub Europe is conducting a special tender for the LTO product for the period 14.02.2022 to 16.03.2022

Special tender LTO product for the period 14.02.2022 to 16.03.2022

Trading Hub Europe GmbH (THE GmbH) is conducting a special tender for the product "Long Term Options" (LTO) in the product variant "Rest of the Day" (RoD).

The special tender take place for the provision (SystemBUY) of gas quantities by the supplier.

Product

LTO RoD

Period

14 February 2022, 06:00 hours to 16 March 2022, 06:00 hours

Gas quality

High CV gas (H)

Direction

SystemBUY

Balancing sector

Balancing sector in the balancing energy zones high CV zone Gascade (HGE) and high CV Ontras (HOS)

Requirement [MWh/h]

6.000

Maximum retrieval days

14

Please note that in the above-mentioned special tender, the physical effect may only be achieved via storage connection points (Storage). The possible storage connection points (Storage) in the high CV zone Gascade (HGE) and Ontras (HOS) can be found in this overview. The storages named in this overview each form a balancing sub-zone in the high CV Gascade (HGE) and high CV Ontras (HOS) balancing zones within the meaning of Section 3 Paragraph 2 Sentence 3 of the Terms and Conditions for Balancing Energy. Insofar as further storages are named in the published list of points, they are not relevant for the current tender.

We expect your offers in the period from 31.01.2022, 11:00 a.m. to 04.02.2022, 11:00 a.m.

Please submit your bids through our Balancing Services Portal.

We will inform you about an acceptance of your offer by THE GmbH until 07.02.2022, 12:00 o'clock by concluding an individual contract for this performance 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 tender ("Contractual terms & conditions for balancing gas providers") as well as all other documents required for participation in the tender can be found in the download area in the section "Downloadcenter THE".

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

Link to LTO product description: “Long-Term Options“