MBI Announcement Demand Requirement and Use
On this page you will find information about the announcements of demand requirements and on the use of market-based instruments (MBIs).
As a rule, Trading Hub Europe GmbH will announce the expected demand for market-based instruments (MBI) in the form of a demand spread on this page with a lead time of at least three and a half (3.5) hours before the start of delivery. Market participants will be invited to submit bids for the exchange-based products which will be used by THE to realise the spread (Spread Product).
The Spread Product is the only MBI that is traded with the balancing group manager (BGM) on the exchange. BGMs wishing to offer and provide the Spread Product can register to use the free messaging service on THE's website to ensure that they are made aware of the demand.
The information with regard on the use is published here on the same gas day. The capacity and duration of MBI use as well as the costs or revenues (Spread Product) for the respective MBI called up are published.
In addition, the aggregated costs for the respective year are published here.
The transmission system operators and Trading Hub Europe will issue a joint monitoring report on the use of MBIs and capacity buy-back transactions following the end of each gas year. This report will be published here.