Czech energy regulator outlines key concerns about German gas storage levy

LONDON (ICIS)–The Czech Energy Regulatory Office (ERO) has told ICIS it has serious concerns about the German storage neutrality levy.

Chief among the points of concern it outlined were the levy’s compatibility with EU rules and the security of Czech gas supply, with the levy increase potentially opening a backdoor for increased Russian flows to the Czech Republic.

“We understand that several member states, including the Czech Republic, have contacted the European Commission to investigate the legality of the levy”, Martin Sik, ERO’s director of analytical and data support department told ICIS when asked about the office’s view on the levy increase.

German market manager THE set its storage neutrality charge at €1.86MW for the period from 1 January-30 June 2024 to enable filling of gas storage facilities in Germany. This is a 28% increase from the previous tariff introduced on 1 July 2023.

 

 

 

Published by: www.icis.com

Irina Breilean

08-Dec-2023