Date
25 May 2023
Location
Essen
Publisher
OGE

Press release

New uniform postage stamp tariff for the Trading Hub Europe (THE) market area from 1 January 2024

For the Trading Hub Europe (THE) market area the transmission system operators have determined the uniform tariff from 1 January 2024 on the basis of the Federal Network Agency’s (BNetzA) REGENT 2021 decision.

On 25 May 2023, OGE (Open Grid Europe GmbH) published this uniform network tariff. The annual tariff for firm, freely allocable entry and exit capacity will be 5,10 EUR/(kWh/h)/a applicable from 1 January 2024.

Compared to 2023 the tariff for firm freely allocable entry and exit capacities in the THE market area will be around 15,4 % percent lower.

A significant factor that has contributed to this reduction in charges is the much lower cost of energy for compressor operation compared to the last calculation now that the previously tense situation on energy markets has eased.