Information system disruption November 13 2024 – update
In this news release we inform you about the further course and handling of the disruption in the information systems (see news release 14th November). This disruption caused an unjustified jump in the Portfolio Imbalance Signal (POS) of a number of shippers, upon which GTS temporarily disabled the system for Within Day balancing actions. With hindsight, the market reacted in such a way that the incident would not have led to automated balancing calls.
European Commodity Clearing (ECC) has since been in contact with all affected parties regarding the handling of the incident. If you have additional questions regarding the handling, please contact ECC at ps@ecc.de.
For shippers, the usual advice remains in effect: shippers should monitor and manage their POS in order to keep their POS in balance.