Haidach storage capacities in demand

astora auction of capacities on store-x a success

Kassel, 21 February 2014. astora has allocated capacities in the Haidach storage facility successfully via the exchange platform store-x. The capacities for the storage year 2014/15 for 290 lots overall, each containing 7.5 million kWh working gas volume, were auctioned in a non-discriminatory keyed procedure. The withdrawal capacity for each lot is 4,200 kWh/h, the injection capacity 3,000 kWh/h. It was not possible to fully meet demand because the offer was oversubscribed several times over.

astora GmbH & Co. KG, based in Kassel, Germany, is one of the largest natural gas storage operators in Europe. The company maintains one of the largest natural gas storage facilities in Western Europe at Rehden in Northern Germany, which has a working gas volume of more than four billion cubic metres. In addition, the storage company also holds capacities in the second largest storage facility in Central Europe, located in Haidach, Austria. In order to secure natural gas supplies to Europe, the company is currently developing the Jemgum natural gas storage facility on the German-Dutch border.

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