Episode n.77 of 16/09/2025 – The Energy Call
In Episode 77 of The Energy Call, we mentioned the imminent start of dry runs on the M-GAS platform, managed by GME, regarding the new products that will be managed from 1 October 2025, in order to align with the UK calendar of public holidays for gas markets.
We discussed the eagerly awaited Decree No. 155 of 12 September concerning operational guidelines on the list of entities authorised to sell natural gas to end customers, as referred to in Decree No. 85 of 19 May 2025, and the approval of the provisional list of authorised entities.
We then discussed the GME's confirmation of the transition to 15-minute MTUs, under the terms already established in June, and updates on the transition to new guarantees for Terna's dispatching.
Finally, we analysed the gas markets, which further consolidated their sideways movement over the last week, characterised by the ongoing confrontation between the United States and Europe over energy relations with Moscow. On the subject of storage, it is worth noting the continuing relative difficulties in Germany, where even the latest auction proposed by Sefe at the Reden site, one of the largest in the country and currently less than 30% full, was sold.
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