All winter products offered this year were sold this March!
As a fast multi-cycle energy storage, Gasunie Zuidwending brought to market this winter a special “winter product”, consisting of working volume, filled with gas at specific start and end dates. With this service Gasunie Zuidwending anticipated possible volatility in the market. Repeating the success of the “Elfstedenarrangement 2012”, Gasunie Zuidwending was successful again this year in selling all the available services. This year two different types of products were offered, consisting in total of 100,000 MWh: one product with a leadtime of 60 days and one product with a fixed end date.
As market volatility reached high levels in March, all our customers not only made good use of the services they have contracted with us, but could also benefit from the extra service offered. Almost all working gas was withdrawn from the storage. This shows how Gasunie Zuidwending as the fastest multi-cycle energy storage in the TTF area is highly suitable for customers making the best use of the opportunities in the market!
On May 20, 2014 Gasunie Zuidwending changed its company name to EnergyStock. This news item was posted by EnergyStock’s predecessor Gasunie Zuidwending before the name change.