Thursday , June 1 2023

"no special alert" for supply this winter



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France should be fueled this winter, the French Railways Director, GRTgaz and Teréga, said on Thursday not to "issue a special alert."

"This year, gas transmission network operators do not issue a special alert at the beginning of winter gas," a period that starts from the beginning of November to the end of March, say the two companies in a joint statement.

GRTgaz (a 75% subsidiary of Engie) and Teréga (formerly TIGF, whose network focuses on the Southwest Quarter) annually publishes their winter prospects.

For 2018/2019, "the gas system should make it possible to meet the demand of all French gas consumers, even in the case of an exceptionally cold peak," he notes.

Starting November 1, the volume of subscribed volumes reaches 128 terawatts (TWh), "a level has never reached since 2010," he points out.

The storage system has been reformed this year to make it more efficient: storage operators now licit their capacity in exchange for a guaranteed income.

The capacity of North-South flows also increased by 42%, as a result of the creation of a single area (compared to two) of the French natural gas market. This required investments of nearly 900 million euros to promote gas transit.

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