14 May, 2013

Government appoints Swedegas as system balance administrator for the gas grid

The Swedish Government has appointed Swedegas, which owns and operates the Swedish natural gas grid, as system balance administrator. Swedegas will take over responsibility for gas balancing in the grid from Svenska Kraftnät on June 1, 2013.

This means that Swedegas will not only handle operation and maintenance of the system, it will also ensure that supply and offtake of gas remain in balance, providing continuity and reliability for customers.

At present, Swedegas transports natural gas mainly to customers in Swedish industry, for use at combined heat and power plants and as fuel for vehicles. It is the recommendation of the industry and other stakeholders that responsibility for maintaining a balance between supply and offtake of gas should rest with Swedegas.  This issue has been the subject of examination in two independent government inquiries.

"We are extremely proud to be entrusted with this task by the Government," states Lars Gustafsson, CEO of Swedegas. "We have invested heavily in developing the market and assuring the supply of gas even further by focusing more closely on the intake of biogas and establishing LNG terminals at major ports."

The system balancing function will not change with the switch in system balance administrator. Preparations for taking over responsibility have been in progress at Swedegas for more than a year.

"We have employed new staff and put new systems and processes in place. We are ready to take over and our ambition is to develop the gas system to provide an even more secure supply of competitive energy," says Johan Zettergren, Vice President, Marketing at Swedegas.

For further information, contact Saila Horttanainen, Vice President, Corporate Communications, Swedegas AB, +46 (0)70-622 76 06

Swedegas is an infrastructure company that invests in smart energy systems. The company owns the gas transmission grid, which extends from Dragör in Denmark to Stenungsund in Sweden. Each year, Swedegas transports energy equivalent to 15 TWh to distributors and directly connected customers. The gas grid supplies natural gas to 33 municipal areas and to several companies, combined heat and power plants and vehicle fuelling stations. Swedegas is currently investing in the development of an infrastructure for biogas and liquefied natural gas (LNG). The company is certified as a transmission system operator (TSO) by the Swedish Energy Markets Inspectorate.


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