The two gas transmission system operators in France, GRTgaz and Teréga, have launched on the 1st of November, the single gas market zone: The Trading Region France (TRF). It has a single exchange point for gas: the PEG.
TRF results from the merge of the two market areas PEG Nord and TRS. This involved an investment of 872 million euros enabling the construction and adaptation of the infrastructure.
Benefits for the consumer are more competitive, liquid and dynamic French market which is better interconnected with the main European and world marketplaces. Furthermore, it will decrease the risks of congestion between North and South, thus enhancing security of supply.
Looking back at Frances gas market history, there were 8 zones in 2003, 5 in 2005, 3 in 2009 and 2 in 2015. From now on, there is only one large zone! Let's celebrate this great news with a glass of red wine from Côtes du Rhône and a piece of Camembert!