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 1st quarter of 2024 (LTO Hourly) and for the month January 2024 (SCB).
|
Product
|
LTO Hourly
|
SCB
|
|
Contract Period
|
1 January 2024, 06:00 hours
to 1 April 2024, 06:00 hours
|
1 January 2024, 06:00 hours
to 1 February 2024, 06:00 hours
|
|
Gas quality
|
Low CV gas (L)
|
Low CV gas (L)
|
|
Direction
|
SystemBUY and SystemSELL
|
SystemBUY and SystemSELL
|
|
Balancing zone
|
low CV zone “West” (LW)
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low CV zone “East” (LO)
|
|
Requirement [MWh/h]
|
500
(in each direction)
|
1,500
(in each direction)
|
If you wish to respond to the above tender invitations, please submit your bids between 28 November 2023, 12 hours to 12 December 2023, 12 hours.
Please submit your bids through our Balancing Services Portal.
THE GmbH will accept bids by 15 December 2023, 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"