Ratingen, 31 May 2021 • NetConnect Germany GmbH & Co. KG (NCG) would like to thank all its customers, the Federal Network Agency, the associations, service providers and shareholders for the many years of good cooperation. All NCG employees are bidding a friendly “farewell” and looking forward to future collaboration as Trading Hub Europe GmbH (THE). Until 30 September 2021, the NCG market area and the VTP will operate under the THE umbrella.
It was back in 2008 that initially two German transmission system operators joined forces to form NCG, a company that was to take full charge of balancing group management, VTP operation and system balancing. Later, the circle of shareholders expanded to include six transmission system operators. In the years that followed, around 50 employees worked to ensure that the market area and the VTP continued to function seamlessly around the clock. Over the last 13 years, NCG has proven itself as a reliable partner, built up a liquid trading point in the gas market, and initiated and helped shape important industry developments. This commitment and spirit will endure among the employees of NCG within THE, too, as they work with colleagues from GASPOOL Balancing Services to shape the nationwide market area. The market can continue to rely on us.
NCG and its staff have seen some exciting years in the European gas market, and no doubt there are more exciting years with many more changes still to come. We look forward to working with you again as Trading Hub Europe!