The German gas storage neutrality charge is a levy seeking to recoup money spent purchasing strategic gas reserves at the height of the energy crisis in 2022. The levy was implemented in Oct’22, and was extended to all allocation exit quantities at cross-border interconnection and virtual interconnection points from January 2023. The charge has increased to €1.86/MWh over H1-24, from €1.45/MWh in H2-23, and the end date for its enforcement has been extended to March 2027, from an initial expectation of Dec-2024. The chart shows the impact on the cost of gas exiting the German gas grid. This has an outsized impact on ... (full story)