News 03 February 2023

Stublach to hold auctions next week

Storengy UK will be offering a further 450GWh of capacity for Storage Year 2023 and 1TWh in Storage Years 2024 and 2025.

Next week, Storengy UK will be offering a further 450GWh of capacity for Storage Year 2023 and 1TWh in Storage Years 2024 and 2025. Our capacity delivers significant value to our customers, with our base product delivering speed and reliability.

The ability to inject or withdraw the same quantity of gas each day with no limitations, dependent on stock level and a fixed, low cost per therm, means our customers have a clear view of their daily capabilities and can respond to market opportunities quickly. Our flexibility means that customers can even reverse their positions within a day.

As the newest gas storage facility in the UK, we have very low maintenance requirements and do not need to interrupt our customers, apart from a planned maintenance outage once a year. Stublach’s multiple gas trains mean that most maintenance can be done throughout the year without affecting customers’ flows.

On top of our standard offer, it is possible for customers to purchase additional flow capacity –as either interruptible or firm capacity. Interruptible capacity may, if needed, be taken away for higher priority deliveries of gas, whereas unbundled capacity is guaranteed (or ‘firm’) – what you book, you can use.

All interactions with our products happen through our nominations portal, NEMO. This portal gives our customers the ability to nominate, purchase capacities, run reports and even advertise gas and capacities to other customers. NEMO regularly achieves a satisfaction score of more than 95% in our annual customer survey.

The final upside to Storengy UK’s products is our dedicated team on the Stublach site. Whether through the Operation and Maintenance of the site, providing services to the business or working directly with customers, our team delivers the best service possible.

Further information on the upcoming Auctions on 7th and 8th February can be found on our Auctions page.