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TSO mulls compensation for TTF balancing price crash

Dutch gas TSO Gasunie is discussing how it can compensate gas traders affected by an IT issue which caused TTF balancing prices to trade below EUR -1,000/MWh late on Tuesday, a spokeswoman said. A technical issue resulted in faulty allocation data being submitted into the TTF balancing market, she said on Wednesday. This caused the TTF balancing price for delivery between 18:00 and 19:00 CET to fall as low as EUR -1,175/MWh.
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