Pursuant to the decision by the German Federal Ministry for Economic Affairs and Energy (BMWi) and as agreed between the German Market Area Managers GASPOOL (GPL) and NetConnect Germany (NCG), the two existing German gas market Areas GPL and NCG will be merged into a single gas market area as of 1 October 2021 (gas delivery day). The name of the nationwide German gas market area will be Trading Hub Europe (THE).
The merger is driven by potential advantages:
- One German reference price avoids regional price discrimination for consumers
- Increased liquidity in the German gas market, security of supply & competitiveness
ECC and EEX are working jointly to ensure complete readiness for this go live date. In this regard we would like to outline further technical and operational changes impacting the Trading and Clearing Community via this document. Further details will be provided as the launch approaches.