Balancing group managers


Balancing group managers


Press Releases

In this section you will find the latest press releases issued by Trading Hub Europe. Feel free to register for our press mailing list. 

Please direct all press enquiries to presse@tradinghub.eu

A press kit is available here

For the latest information about the new market area manager Trading Hub Europe GmbH, you can also visit our homepage


 

12 September 2022 THE: Procurement strategy for the implementation of the storage filling level specifications 

Berlin/Ratingen
 
On April 30, 2022, the law amending the Energy Industry Act to introduce filling level specifications for gas storage facilities came into force. The main subject of the law are regulations for filling the natural gas storage facilities in Germany. 
You will find the press release here

 

9 September 2022 Trading Hub Europe completes second round of reviews pursuant to section 50 of the Cooperation Agreement  

Berlin/Ratingen

Trading Hub Europe GmbH (THE) completes the second audit obligation in accordance with Section 50, Item 10 of the Cooperation Agreement (KoV). A total of 63 network balancing accounts had to comply with the obligation, for 46 network balancing accounts a significant and sustainable optimization possibility was identified.

You will find the press release here.

7 September 2022 Trading Hub Europe publishes the contract terms for the new LRD product

Berlin/Ratingen

Trading Hub Europe GmbH (THE) today published the product description and the prequalification conditions for the new balancing gas product Load Reduction (LRD). In addition the adjusted Terms and Conditions for balancing gas were also published.

You will find the press release here

18 August 2022 Publication of fees and neutrality charges as of October 2022

Berlin/Ratingen

Trading Hub Europe GmbH (THE) publishes the fees and neutrality charges for the period starting on October 1, 2022. The SLP balancing neutrality charge is set at 5.70 EUR/MWh, the RLM balancing neutrality charge at 3.90 EUR/MWh. The conversion fee for converting H-Gas to L-Gas is at 0.45 EUR/MWh and the conversion neutrality charge at 0.38 EUR/MWh. The VTP fee is set at 0.00148 EUR/MWh, the gas storage neutrality charge will be 0.59 EUR/MWh.

The whole press release is available here.

15 August 2022 Gas Procurement Neutrality Charge as of October 2022

Berlin/Ratingen

Trading Hub Europe GmbH (THE) is publishing the gas procurement neutrality charge today. The amount will be 2.419 ct/kWh (24.19 EUR/MWh) and will be charged from October 1, 2022 on all gas quantities withdrawn daily from a balancing group for withdrawal points with registered power metering (RLM) and for withdrawal points with standard load profiles (SLP).

The whole press release is available here.

1 August2022 Federal Network Agency approves the concept for the gas storage neutrality charge methodology

Berlin/Ratingen
The Federal Network Agency (BNetzA) has approved the concept developed by Trading Hub Europe GmbH (THE) for the neutrality charge methodology in accordance with Section 35e of the Energy Industry Act to ensure the filling level specifications for gas storage facilities (gas storage neutrality charge). The gas storage neutrality charge will be determined for the first time on October 1, 2022.

The whole press release is available here.

Start of VTP market consultation


Berlin/Ratingen, 20 June 2022 

From June 20, 2022 to July 1, 2022, Trading Hub Europe GmbH (THE) conducts the market consultation on the virtual trading point (VTP) of the market area.

The whole press release is available here.

Second SSBO tender to increase security of supply completed


Berlin/Ratingen, 14 June 2022 

The second tender to ensure security of supply in the Trading Hub Europe market area for the product "Strategic Storage-Based Options" (SSBO) level 1 has been completed. The total costs (regarding the components service fee and capacity charge) of the awarded lots amount to approx. 481 million EUR. The requirement of 35,717,500 MWh advertised in the Germany-wide tender was fully procured.

The whole press release is available here.


THE to tender further Strategic Storage-Based Options Options


Berlin/Ratingen, 25 May 2022 

To ensure security of supply in the market area, Trading Hub Europe GmbH (THE) is launching another tender for Strategic Storage-Based Options (SSBO) level 1.

The whole press release is available here.

Increase of security of supply: First SSBO tender completed

Berlin/Ratingen, 24 May 2022 

The first tender to ensure the security of supply in the Trading Hub Europe market area for the product "Strategic Storage-Based Options" (SSBO) level 1 has been completed. The total costs (regarding the components service fee and capacity charge) of the awarded lots amount to approx. 370 million EUR.

The full press release is available here

Trading Hub Europe launches tendering for market-making services at the THE VTP

Berlin/Ratingen, 23 May 2022 

Trading Hub Europe GmbH (THE) is opening a tender process for market-making services to be provided at its virtual trading point (VTP) in the period 1 July 2022, 6 am until 1 January 2023, 6 am, with market participants being asked to submit their bids between 30 May 2022, 12:00 hours and 13 June 2022, 12:00 hours. 

The full press release is available here


May 5, 2022 Initial tender of Strategic Storage Based Options

Ratingen (Germany), 4 May 2022

On April 30, 2022, the law amending the Energy Industry Act to introduce filling level specifications for gas storage facilities came into force. The main subject of the law are regulations for filling the natural gas storage facilities in Germany. On the basis of this law, Trading Hub Europe GmbH (THE) is tendering so-called Strategic Storage Based-Options (SSBO) for the first time

The complete press release is available here

April 22, 2022 H2Global and THE: Cooperation agreed to support the ramp-up of the hydrogen market

Hamburg/Leipzig/Ratingen (Germany), 22 April 2022

HINT.CO GmbH (HINT.CO), Trading Hub Europe GmbH (THE) and the H2GLOBAL Foundation (H2Global) have agreed on the basis for a planned cooperation in the area of establishing a future hydrogen market. To this end, the partners signed a memorandum of understanding (MoU) in Hamburg today.

The complete press release is available here