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


 

October 1, 2021 Market Area of Trading Hub Europe starts operations

Berlin/Ratingen, 1 October 2021 On 1 October 2021, the Germany-wide market area Trading Hub Europe (THE) started its commercial operations. The high-pressure pipeline system in the market area has a total length of around 40,000 km, connecting more than 700 downstream networks and covering the entire German gas market.

The press release is available here

September 8, 2021 Trading Hub Europe completes first round of reviews pursuant to section 50 of the Cooperation Agreement

Berlin/Ratingen, 8 September 2021 Trading Hub Europe GmbH (THE) has completed the first round of reviews in accordance with the obligation provided for in section 50 of the Cooperation Agreement (KoV). A total of 80 network balancing accounts had to comply with the obligation, for 59 network balancing accounts a significant and sustainable optimization possibility was identified and one network operator incurred a penalty.

The full press release is available here.

August 19, 2021 Trading Hub Europe sets balancing neutrality charges and conversion neutrality charge at 0 EUR/MWh

Berlin/Ratingen, 19 August 2021 Trading Hub Europe GmbH (THE) has published its charges and fees for the nation-wide market area starting on 1 October 2021. The SLP and RLM balancing neutrality charges as well as the conversion neutrality charge have each been set at 0 EUR/MWh. For the conversion from H-gas to L-gas, the market area manager will levy a conversion fee of 0.45 EUR/MWh, while the VTP fee will be 0.001 EUR/MWh.

The full press release is available here.

July 22, 2021 Subsidiary of Trading Hub Europe assumes role of balancing entity in Austria

Berlin/Ratingen, 22 July 2021 Keep in Balance AG (KIB AG) – a wholly owned subsidiary of Trading Hub Europe GmbH (THE), has been appointed as the Balancing Entity in Austria by E-Control, the Austrian regulatory authority. The target date for the start of the Balancing Entity is presumably 1 October 2022.

The complete press release is available here

June 2, 2021 Hello from Trading Hub Europe

Berlin/Ratingen, 2 June 2021 Trading Hub Europe GmbH (THE) with offices in Ratingen and Berlin began operations on 1 June 2021.

The complete press release is available here


June 1, 2021 Launch of the Trading Hub Europe website

Berlin/Ratingen, 1 June 2021 1 June 2021 saw the launch of the new website of market area manager Trading Hub Europe GmbH (THE), which is available at www.tradinghub.eu.

The complete press release is available here