NetConnect Germany intends to procure control energy via TTF
As of 1 April 2011, the company intends to buy and sell L-gas control energy at the TTF hub in the Netherlands in order to further diversify its control energy procurement. TTF (Title Transfer Facility) is, like the NCG virtual hub, a virtual trading point that is located in the network of Gas Transport Services (GTS), a Dutch transmission system operator and subsidiary of Gasunie. At TTF, there has been cross-quality trading in Lgas and H-gas since 1 July 2009.
"This step serves to widen our procurement market and thus our scope for obtaining control energy. Our customers will benefit from this," the Management of NetConnect Germany stated.
The groundwork for this step is being laid in gas trading at the EEX energy exchange. The measures to be taken in this respect are already at an advanced stage.
For the purpose of ensuring reliable network operation, control energy is procured by the market area manager to organise network control in the market area.
NetConnect Germany GmbH & CO. KG
NetConnect Germany offers a range of products and customer-friendly services for network operators and shippers across different market areas throughout Germany and handles the operational management of the market area cooperation between various partners. More than half of H-gas moved across Germany is shipped in NCG's market area, which stretches from the North Sea coast down to the Alps. NCG also provides services for the L-gas market area of Open Grid Europe GmbH.