Trading Hub Europe

Trading Hub Europe GmbH (THE) is a German company responsible for managing the market area for the country’s natural gas market. It is headquartered in Düsseldorf and has a branch office in Berlin. THE was established through cooperation among German gas transmission network companies and handles the operational implementation of their market-area cooperation. From its establishment until 1 October 2021, THE operated the two previously existing German market areas, NetConnect Germany and Gaspool. On that date, it began operating the nationwide Trading Hub Europe market area. The high-pressure pipeline system in this area is reported to extend for around 40,000 kilometres and connect more than 700 downstream networks. THE’s responsibilities include operating the Virtual Trading Point, managing balancing groups and balancing energy, carrying out statutory duties related to security of supply, and providing and publishing settlement, transparency and balancing-energy data. The available evidence does not identify a parent company, individual owner, named executives, or consumer-facing products.

Trading Hub Europe GmbH was established on 1 June 2021 through cooperation among the German gas transmission network companies bayernets GmbH, Fluxys TENP GmbH, Gascade Gastransport GmbH, Gastransport Nord GmbH, Gasunie Deutschland Transport Services GmbH, GRTgaz Deutschland GmbH, Nowega GmbH, Ontras Gastransport GmbH, Open Grid Europe GmbH, terranets bw GmbH and Thyssengas GmbH. Its role was to ensure the operational implementation of the market-area cooperation. The company is based in Düsseldorf and has a branch office in Berlin. Until 1 October 2021, THE operated the two existing German gas market areas, NetConnect Germany and Gaspool. On 1 October 2021, it began operating the nationwide Trading Hub Europe market area. The associated high-pressure pipeline system is described as approximately 40,000 kilometres long and connected to more than 700 downstream networks. As market-area manager, THE operates the Virtual Trading Point and manages balancing groups and balancing energy. Its responsibilities also include statutory tasks related to security of supply and the provision and publication of settlement, transparency and balancing-energy data. The available evidence does not provide further details about changes in ownership, later leadership, or subsequent corporate developments.

• Trading Hub Europe GmbH established through cooperation among German gas transmission network companies

• Begins operating the nationwide Trading Hub Europe market area, succeeding the two previous market areas

A market-area operator and coordinator for Germany’s natural gas market, rather than a consumer-facing gas brand.

• Trading Hub Europe market area

  The nationwide German natural gas market area operated by THE since 1 October 2021.

• Virtual Trading Point and market-area services

  Operational services include Virtual Trading Point operation, balancing-group and balancing-energy management, and publication of relevant market data.

1. 1Trading Hub Europede.wikipedia.org
2. 2Trading Hub Europewikidata.org