Balancing group managers


Balancing group managers


New product description for LTO and SCB

THE publishes the product description for the balancing energy product LTO and SCB valid from 1. October 2024

We would like to inform you in accordance with § 15 para. 1 of the Terms and Conditions on the Use of External Control Energy of Trading Hub Europe GmbH (hereinafter: "System Balancing Terms & Conditions") about the changes to Appendices 1 and 3 (product descriptions LTO and SCB), valid for contract periods from 1 October 2024.

The new product descriptions you will find here:

Description LTO

Description SCB

Specifically, the changes include the following:

In the balancing energy products LTO and SCB, the energy price will in future correspond to the volume-weighted average gas price. The amendment can be found in § 3 paragraph 2 as well as in the provisions on the acceptance of bids and contractual penalties of the product descriptions LTO and SCB. In addition, a presumption was included in § 4 no. 4 of the PD SCB that in the event of failure to report pursuant to § 4 no. 4 sentence 1, the (partial) non-provision or non-acceptance of L-gas volumes resulting from the maintenance was not taken into account in the bid price calculation.