Trading Hub Europe (THE) is inviting bids for the provision of balancing services for the months February 2025 and March 2025 in order to meet its long-term balancing requirements in the multi-quality market area of Trading Hub Europe, with bids being requested for the supply of gas by providers (SystemBUY) on a ‘Rest-of-the-Day’ basis (product variant ‘RoD’) under the ‘Long-Term Options’ (LTO) balancing product.
THE is procuring the requirements set out below to increase the security of the gas supply in accordance with the 2015 policy paper on gas supply security published by the German Federal Ministry for Economic Affairs and Climate (BMWK).
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February 2025
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March 2025
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High CV zone Central (HM)
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1,737 MWh/h
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1,737 MWh/h
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High CV zone South (HS)
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7,962 MWh/h
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7,962 MWh/h
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High CV zone ONTRAS (HOS)
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1,737 MWh/h
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1,737 MWh/h
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Low CV zones
(East (LO), West (LW), GUD-L (LGU))*
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1,448 MWh/h
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1,448 MWh/h
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Low CV zone
GTG (LGN)
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434 MWh/h
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434 MWh/h
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Low CV zone NWG (LNA)
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1,158 MWh/h
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1,158 MWh/h
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Total
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14,476 MWh/h
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14,476 MWh/h
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* For L-gas, a cost-optimal acceptance of bids shall be made taking into account the principles of § 5 number 4 (Terms and Conditions for System Balancing Actions).
Contract periods:
Please note that bids are invited separately for each product for each of the following contract periods:
1 February 2025, 06:00 hours until 1 March 2025, 06:00 hours
1 March 2025, 06:00 hours until 1 April 2025, 06:00 hours
Please note: The maximum number of permitted call days per lot and contract period is 14 gas days.
Bidding period:
If you wish to respond to the above tender invitations, please submit your bids between 8 October 2024, 12:00 hours and 22 October 2024, 12:00 hours using our Balancing Services Portal (BSP).
THE will accept bids by 25 October 2024, 12:00 hours by awarding individual contracts (“System Balancing Transaction Agreements”) for the above contract periods.
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