Balancing Energy Instruments

AGGM procures physical balancing energy for the Market Area East as well as for the Market Areas Tyrol and Vorarlberg according to the following priority in accordance with section 27 GMMO-VO 2012 in the name and on account of the balance group coordinators AGCS Gas Clearing and Settlement AG (AGCS) and A&B Ausgleichsenergie & Bilanzgruppen-Management AG (A&B) respectively:

  1. via trading of standardized products of the European Energy Exchange (https://www.eex.com/) for the Market Area East at the Virtual Trading Point of the Central European Gas Hub (https://www.cegh.at/) and for the Market Areas Tyrol and Vorarlberg at the Virtual Trading Point of the Trading Hub Europe (https://www.tradinghub.eu/en-gb/)
  2. via standard products of the Merit Order List (MOL) of the balance group coordinators for the market area East (https://www.agcs.at/) and for the market areas Tyrol and Vorarlberg (https://www.aundb.at/)
  3. via flexibility products of the merit order list of the balance group coordinators

Since the introduction of the current market model in 2013, balancing energy is mainly procured on the gas exchanges. Due to the sufficient liquidity of the trading exchanges, which has been constantly increasing in recent years, there has no longer been a need to call off balancing energy by way of the alternative procurement instruments since 2015. In particular, in the event of low liquidity on these trading venues, the alternative procurement instruments of the standard products of the Merit Order List (MOL) pursuant to section 31(2)(1) GMMO-VO 2012 and the flexibility products of the Merit Order List (Flex-MOL) pursuant to section 31(2)(2) GMMO-VO 2012 remain essential elements for the secure management of the balancing energy system. The Flex-MOL, which enables demand-side management through the participation of end customers in the Merit Order List, must also be emphasized here.

In order to keep the alternative balancing energy products of priority 2 or 3 available in sufficient quantities for possible liquidity bottlenecks, we invite market participants (gas traders or gas wholesale customers) to register at https://www.agcs.at/de/registrierung/anbieter-fuer-physikalische-ae or https://www.aundb.at/de/registrierung/anbieter-fuer-physikalische-ae, respectively. A detailed description of the functionality of the alternative balancing energy products can be found here.