NetConnect Germany determines control and balancing energy levy on 0 €ct/kWh

Ratingen, August 15th, 2013. 5 years after the introduction of the GABi-Gas-System NetConnect Germany (NCG) will initially determine the control and balancing energy levy for the market area NCG from 0.02 €ct/kWh to 0 €ct/kWh as of October 1st, 2013. The fee for trading on NCG`s virtual trading point (VTP) will be cut from 0.11 €ct/MWh to 0.08 €ct/MWh. The conversion fee remains on the lowered level of the previous determination period on 0.6 Euro/MWH (direction-independent). The conversion levy on physical entry quantities will be further on 0 Euro/MWh. NCG `s management comments: "The market participants will be disencumbered because of these developments. These are clear signals that the positive development in the market area will continue in the future”.
The reduction of the control and balancing energy levy is the result of a meanwhile very well-functioning balancing system. Because of the positive market development control energy prices on the one hand and balancing energy prices as well as excess/shortfall quantity prices on the other hand are in a balanced proportion, so that the total system is self-sufficient. The cut in the VTP fee is in part due to the increasing trading activity on the VTP operated by NCG.
NCG was able to recognize an increased usage of the conversion possibilities in the market area through the market participants. Because of the current status of the account for conversion as well as the predicted development of the conversion quantities and the conversion system as a whole, NCG is able to retain the conversion fee on the low level, which is located below the fixed maximum limit of the Federal Network Agency (maximum limit as of October 1st, 2013: 1.356 Euro/MWh).

NetConnect Germany is the entity implementing the market area cooperation between the transmission system operators bayernets GmbH, Fluxys TENP GmbH, Open Grid Europe GmbH, GRTgaz Deutschland GmbH, terranets bw GmbH and Thyssengas GmbH in the joint market area NetConnect Germany (NCG). Its market area, which stretches from the North Sea coast down to the Alps, is the largest German market area, connecting around two thirds of all end users in Germany.
NCG's core activities are the management of balancing groups, the operation of a virtual trading point, the handling of physical balancing activities and the online provision of, inter alia, market and settlement data for network operators and balancing group managers.

Your Contact:

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.de
www.net-connect-germany.de