Paris (energate) - Since 19 January, no gas has been flowing from France to Germany again. GRT Gaz Deutschland has suspended the day-ahead auctions for the VIP France-Germany until 24 January due to the current transport situation. The transmission system operator published this information on the Entsog transparency platform.
Since 13 October, GRT Gaz Deutschland has been offering bundled firm day-ahead capacity at the virtual interconnection point. The amount depends on the capacity availability in France and is a maximum of 100 GWh/day. GRT Gaz was already unable to provide capacity in France from 30 November to 24 December due to a capacity shortage (
energate reported). At that time, Norwegian pipeline gas flows to the French landing point in Dunkirk were significantly lower than usual. Since 15 January, gas flows from Norway at Dunkirk have dropped again from 450 to 500 GWh/day to a level of around 350 GWh/day.
The lack of capacity is not expected to have a major impact on prices. Although it has generally been fully utilised since the end of December, it is small compared to the other import capacities to Germany. In addition, compared to October and November 2022, the price premiums to the starting price have decreased significantly. In the first days of January, premiums of more than 10 cents on the starting price of 6 cents/kWh/h/day were still being achieved. In mid-January they dropped to 0 to 2.5 cents/kWh/h/day. In November, up to 100 cents/kWh/h/day had been achieved on the then starting price of 5 cents/kWh/h/day. /hl
