The gas levy announced on Monday is not the end of the story. A so-called gas storage levy and a control energy levy are also to come. The amount will probably be announced on Thursday.
The amount of further surcharges on the gas price is expected to be announced this Thursday. Among other things, the amount of the so-called gas storage levy and the control energy levy are to be published, as the company Trading Hub Europe (THE) announced on Wednesday in Ratingen at the request of the German Press Agency.
Whether and to what extent these surcharges will also reach gas end consumers is an open question. Observers assume that these surcharges will be significantly lower than the gas levy of 2.419 cents per kilowatt hour announced on Monday to save systemically important gas importers.
This is the Trading Hub Europe
THE is a joint venture of the long-distance gas network operators. It plays a central role in the gas market, for example by enabling gas companies to settle accounts with one another. In the gas crisis, THE has special tasks, such as reaching prescribed gas storage levels. Among other things, THE has bought options for gas quantities that can be accessed in winter. There are also costs for the direct purchase of gas by THE to fill the storage tank. The gas storage should be at least 95 percent full by November 1st.
All of these costs can be passed on to gas supply companies via the gas storage surcharge, which was raised for the first time. Whether they are then passed on to end customers in a further step should also depend on the amount. In the middle of last week, the Ministry of Economic Affairs announced on request that it did not expect any relevant additional costs for consumers. According to THE, the surcharge is to be levied from October 1st.
What is the control energy levy?
In addition to the gas storage levy and other levies, the new level of the control energy levy is also to be announced. THE always uses control energy, i.e. gas, when the ratio between the gas volumes fed in and fed out is not balanced in the nationwide gas network. The costs are allocated. According to THE, this surcharge, which has been in place for several years, has been zero euros since October 1, 2021. Observers assume that it will now be raised because of the sharp rise in gas prices.
Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
