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Services for Storage Users

Making the asset pay

The cost as well as the value of storage has increased in recent years, meaning the users of storage have to work the asset of their entitlements harder in order to maximise their returns. Rather than simply injecting in the summer and withdrawing in the winter, users have to cycle gas through their available space in response to changes in short term and curve prices.

GMSL's 24/7 presence can help you to make this happen by enabling you to respond to opportunities as they arise.

Price Triggers

Having a 24/7 presence enables you respond to short term variations in gas prices by changing your storage flows. If prices rise you can turn on withdrawal or turn off injection and sell into the market. If prices fall you can turn off withdrawal or turn on injection and buy from the market. You set the trigger prices based on your view of the curve and we take the short term actions that result. Prices variations outside the normal working day mean that if you do not vary your position then you are losing out.

Additional Rights

It may be that additional injection or withdrawal rights can be secured to further optimise your response to short term prices. For example, in the case of Rough users have the ability to apply for extra injection or withdrawal rights on a short term basis.

Capacity Management

Beyond the rights relating to the storage facility, there is often the need to manage rights relating to entry or exit from the transit network.

Putting it all Together

GMSL's service enable you to make the most of the opportunities that come with the short notice flexibility that storage provides.

 

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