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Winter Outlook 2018/2019 report for France’s gas system released

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LNG Industry,


Thierry Trouvé, CEO of GRTgaz and Dominique Mockly, President and CEO of Teréga, have presented their ‘Winter Outlook 2018/2019’ and identified the main prospects and challenges for France’s gas system ahead of the coming winter.

This year, France’s gas transmission operators apparently do not have anything particularly alarming to report at the start of this gas winter.

Based on projected operating conditions, GRTgaz and Teréga have stressed that the gas system should be able to meet the demand of all French gas consumers, even in the event of an exceptionally cold spell. This analysis is based on the capacity offered to shippers as well as the level of volumes booked for supplying the network at the various entry and exit points (cross-border interconnections, LNG terminals, underground storage facilities).

On 1 November 2018, the level of volumes booked in the storage facilities totalled 128 billion kWh (TWh), the highest level since 2010. Regulation of storage introduced in early 2018 led to an intense injection campaign from May to October.

The Winter Outlook 2018/2019 takes into account the 42% increase in North/South capacity flows made possible by the €872 million investment related to the implementation of new infrastructures required for the ‘Trading Region France’ (TRF). It also takes account the market mechanisms created as part of the implementation of the TRF single area on 1 November 2018, such as locational spread, already tested last winter. A revised vigilance info indicator informs market actors of the possible use of the market tools during the gas day and for the following 5 days.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/23112018/winter-outlook-20182019-report-for-frances-gas-system-released/

 

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