Results of tender for long-term balancing services
Based on the demand of the market area partners, Trading Hub Europe conducts tenders for balancing services to hedge balancing gas quantities as long-term options in the market area.
The results of the balancing gas tenders are provided below.
The market area manager publishes the maximum amount of gas days in the performance period on which the market area manager can make use of the service ("call days") for the long term options in the product variant Rest of the Day. Therefore the column "call days" is only completed with values for the the long term options in the product variant Rest of the Day.
THE amended the Contractual terms & conditions for balancing gas providers (Terms and Conditions for System Balancing Actions / LTO product description). These will apply for contract periods as of 1 January 2023, therefore, also this tender. The amendment mainly concerns the commodity charge. Said commodity charge shall be composed of the index price "EEX European Gas Spot Index (EGSI) THE EUR/ MWh", as well as a premium or discount on the index price in euros per MWh on this index price to be quantified by the supplier (also known as "Commodity Charge Surcharge").
The column Commodity Charge/ Commodity Charge Surcharge consists of following products:
The column Commodity Charge/ Commodity Charge Surcharge thus contains for the products
- Long Term Options Rest of the Day (only up to and including December 2022)
- Long Term Options Hour
- Flexibility Services as well
- Short call balancing services
- Long Term Options Rest of the Day (from January 2023)
the Commodity Charge in EUR/MWh and for the product
the Commodity Charge Surcharge in EUR/MWh.
The publication of the results of the LTO RoD tender for the months of February and March 2024 has not yet been fully updated. We will adjust this shortly and publish a corresponding note here. *UPDATE: The dates are now updated.*