Tender process for Short-Term Options

From time to time GASPOOL publishes tender invitations for the balancing product Short-Term Balancing Services (STB) at short notice. Once a tendering round is opened, all registered providers may submit bids via GASPOOL’s tendering platform for balancing services. We then accept appropriate bids on a least-cost basis as and when needed by issuing so-called “call orders” to the relevant providers. In their STB bids providers may specify variable call lead times, with bid sizes to be expressed in whole numbers. In deciding which bids to accept GASPOOL will take the specified call lead times and bid sizes into account. Call orders will only be issued for the full bid size, however. A contract for the supply or receipt of the gas quantity offered by the provider is formed once GASPOOL has issued a call order on the provider’s bid.

The annual VTP consultation took place from 25 May to 7 June 2020. Over 40 participants accepted this invitation and evaluated the VHP services of GASPOOL. The results of the consultation you will find here.

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GASPOOL starts a Control Energy Tender for Flexibility for the winter period 2020/21. Bits can be submitted from 29 june until 10 July 2020.

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Information about handling the virus and business continuity

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