Balance group

Geoplin offers balancing services in accordance with the needs of customers and the predictability of their consumption. Large industrial customers may independently forecast their daily natural gas consumption, and thus help optimise the costs of deviations from the balance group and reduce natural gas costs when a precise forecast is made. Geoplin offers other customers the comprehensive service of equalising the price of natural gas.

A balance group is a group of one or more market players with the accompanying receipt-delivery points, which is created by a natural gas supplier and for which the market organiser calculates the balance of energy inflows and outflows. A balance group is part of a balance scheme and includes a balance statement, which in turn includes the monitoring and billing of deviations from the delivery and consumption of natural gas with respect to schedules.

For inclusion in a balance group, a supplier issues a customer consent, provided that the latter has a valid agreement on the supply of natural gas.

 

Products and services

  • Natural gas-powered vehicles are more environmentally friendly.

    Natural gas-powered vehicles produce 20% to 30% less CO2 emissions. More
  • Natural gas releases 20% to 50% less CO2.

    Natural gas releases 25% to 50% less CO2 per unit of energy generated for home heating or industrial purposes. More
  • Natural gas has a higher conversion factor.

    Natural gas is more efficient than other fossil fuels in the production of electricity or heat. More
  • Natural gas achieves a high efficiency rate.

    Natural gas can achieve an efficiency rate of nearly 100%. More
  • What is natural gas?

    Natural gas is a fossil fuel formed by the decomposition of organic substances. More
  • Natural gas can be as much as 100 million years old.

    The age of natural gas derives from the decomposition of prehistoric animals and plants. More
Company Geoplin
Products and services
Natural gas
Company and environment