“First Come-First Served” storage products 2024
Storengy Deutschland will be marketing a working gas volume of around 1,500 GWh for the storage year 2024.
-
Storengy Deutschland will be marketing a working gas volume of around 1,500 GWh for the storage year 2024.
-
The "First Come-First Served" products comprise three individual storage products to be located at two natural gas storage facilities and at the THE virtual trading point.
-
During the “First Come-First Served” marketing, interested parties may submit bids anytime during the call for offers period. If a bid is higher than the internal reservation price, it will be allocated.
Berlin, 23 October 2023. Storengy Deutschland will be marketing the "First Come-First Served" products with a working gas volume of around 1,500 GWh. The individual products are located at the Harsefeld storage, the Lesum storage and the THE virtual trading point. The latter product is physically backed by the Peckensen, Uelsen, Harsefeld, Lesum and Schmidhausen storages.
The storage products are offered for a contract duration from 1st April 2024 to 1st April 2025. For the first cycling, the operational costs are included, beyond which a fee of 0.85 Euro per injected MWh is charged. Curves need to be respected.
For the physical products, transport capacities must be booked. For the virtual product, transport is included for the first cycling.
The call for offers period starts on 6th November 2023 and ends on 19th January 2024, or as soon as all bundles have been marketed. Participation in the call for offers requires prior registration via e-mail (auctions@storengy.de).
Bids can be submitted during the marketing period between 1:00 p.m. and 3:00 p.m. (CET). Bids will be accepted or rejected within 20 minutes, also via e-mail.
Overview of the products
| Product | Harsefeld |
|---|---|
| Working gas volume | 504 GWh in five bundles; 100.8 GWh per bundle |
| Injection rate/bundle | 70 MWh/h (60 days nominal, 60 days real) |
| Withdrawal rate/bundle | 140 MWh/h (30 days nominal, 45 days real) |
| Product | Lesum |
|---|---|
| Working gas volume | 504 GWh in five bundles; 100.8 GWh per bundle |
| Injection rate/bundle | 53 MWh/h (80 days nominal, 85 days real) |
| Withdrawal rate/bundle | 140 MWh/h (30 days nominal, 45 days real) |
| Product | THE virtual trading point |
|---|---|
| Working gas volume | 504 GWh in five bundles; 100.8 GWh per bundle |
| Injection rate/bundle | 70 MWh/h (60 days nominal, 60 days real) |
| Withdrawal rate/bundle | 192 MWh/h (22 days nominal, 29 days real) |
About
Storengy Deutschland
Storengy Deutschland, a company of ENGIE Group, is one of the leading gas storage companies in Germany. With around 150 employees across Germany, we are a reliable partner for storage services: we plan, build and operate storage facilities and market their storage capacities. Our mission is to store climate-neutral energy in order to sustainably supply tomorrow's generations. Therefore, we are developing innovative solutions for storing hydrogen and renewable gases. The company's headquarters are in Berlin.
