Virtual storage product to be marketed for storage year 2024/25
Storengy Deutschland will be marketing around 150 GWh of working gas volume in two bundles for its virtual storage product for the year 2024/25.
Storengy Deutschland will be marketing around 150 GWh of working gas volume in two bundles for its virtual storage product for the storage year 2024/25.
The auction will take place between 16 July 2024 and 27 August 2024.
Berlin, 19.07.2024. Storengy Deutschland will be marketing a working gas volume of around 150 GWh in two bundles with its virtual storage product for the storage year 2024/25. The contract duration begins up to three days after the auction date and ends on 1 April 2025.
The product is physically located in the Uelsen, Harsefeld, Lesum, Peckensen and Schmidhausen storage facilities. The operational costs are included for the first cycling of the respective storage year, after which a fee of EUR 0.85 per each injected MWh is charged. Injection and withdrawal curves need to be respected.
The auction will take place between 16 July 2024 and 27 August 2024. The exact day of the marketing will be announced 24 hours in advance.
In order to take part in the auction a registration in Storengy’s Storage Portal and an authorisation for the auction platform are mandatory.
Overview of the product
| Product | Virtual SY 24 Product |
|---|---|
| Working gas volume | 75.6 GWh per bundle, in total two bundles |
| Injection rate/bundle | 105 MWh/h (30 days nominal, 30 days real) |
| Withdrawal rate/bundle | 53 MWh/h (60 days nominal, 60 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.
