Balancing gas target model to be implemented in the market area of NetConnect Germany

Ratingen, 27 September 2013. On 1 October 2013 NetConnect Germany (NCG) will start implementing the agreed balancing gas target model in the market area NCG.

The model, which defines a framework for the procurement of balancing gas, has been developed in a joint effort by market participants, the two market area managers Gaspool and NCG, the German transmission system operators and the German federal regulator Bundesnetzagentur. The aim behind the model is to standardise the procurement of external balancing gas throughout Germany with a focus on exchange-traded title products and to implement such procurement in the different market areas. Another important aspect is the harmonisation of exchange-traded spot market products and the balancing products previously offered by the market area managers on a bilateral basis. The contract terms and conditions offered in the two market areas have been extensively aligned with a view to facilitating access to the bilateral balancing gas markets for suppliers and to increase transparency. As soon as the IT implementation at NCG is completed balancing gas products of the merit order rank 2 will be procured on a cost efficient basis.
More detailed information on the balancing gas target model can be found on the NCG website: www.net-connect-germany.com

Your contact person
NetConnect Germany GmbH & Co. KG
Kaiserswerther Straße 115
40880 Ratingen (Germany)
Jan Albin
T +49 (0) 2102 59796 - 50
F +49 (0) 2102 59796 - 59
presse@net-connect-germany.com