Press release BoxID: 454470 (PRISMA European Capacity Platform GmbH)
  • PRISMA European Capacity Platform GmbH
  • Schillerstraße 4
  • 04109 Leipzig
  • Contact person
  • Katja Beckert
  • +49 (341) 443-2440

First yearly auctions on TRAC-X primary successful

(PresseBox) (Leipzig, ) On TRAC-X primary - the joint primary capacity platform of German Transmission System Operators - the first auctions for yearly transport capacity have ended successfully. In the latest auctions on TRAC-X primary, capacities of the coming 15 years were auctioned for German market area interconnection points as well as cross-border points. All but 23 of the available 319 auctions ended after the first bidding round. For the 23 remaining auctions at the network points Lasow (Exit), RC Basel (Exit) and RC Thayngen-Fallentor (Exit), where more capacity was requested of the TSOs than available, further auction windows were opened. Due to a software error, the yearly auctions started two hours late last Tuesday.

The next monthly capacity for November 2011 will be auctioned on TRAC-X primary on 18 October 2011. The next auctions for quarterly capacity will take place on 15 November 2011. All of the auctions can be viewed in advance on TRAC-X primary. Since the start of the platform on 01 August 2011, 132 companies with 262 users have already registered on the platform.

PRISMA European Capacity Platform GmbH

TRAC-X Transport Capacity Exchange GmbH (TRAC-X) was founded in 2005 in Leipzig and has, since that time, grown consistently to become one of the most important online market places for gas transport capacity.

In 2010, the German transport system operators appointed TRAC-X to create and operate a platform for the awarding of primary transport capacities in Germany. With the start of TRAC-X primary in August 2011, transport customers can, for the first time, use TRAC-X primary auctions to acquire capacities for market area and cross-border interconnection points. Capacities at other network points can be purchased through TRAC-X primary on a "first come, first served" basis. By offering a single market place for primary capacity, TRAC-X replaces the established online booking systems of the German TSOs.

At the same time, TRAC-X still continues to operate the trading platform for secondary transport capacity - TRAC-X secondary. By doing so, TRAC-X contributes significantly to the simplification of gas trading.