The European Commission is now responsible for operating AggregateEU to ensure the continuity of demand aggregation and joint purchasing of gas while developing a permanent gas mechanism.
Since its launch in April 2023, AggregateEU has been instrumental in aggregating gas demand from European companies and matching it with competitive supply offers from reliable international and European suppliers. Over the course of seven rounds, the platform successfully aggregated over 119 billion cubic meters (bcm) of gas demand from European buyers, with nearly 100 bcm matched with supply offers.
The results of the project underscore its effectiveness in ensuring competitive gas prices and securing long-term supply commitments for Europe. The second Mid-Term Round alone aggregated 29 bcm of demand, with almost 20 bcm successfully matched. This marked another milestone in AggregateEU’s goal to provide greater stability and predictability for European energy consumers.
Götz Lincke, Managing Director of PRISMA, expressed his pride in the project’s achievements:
“Contributing to the security of Europe's energy future through AggregateEU has been a significant responsibility and an exciting challenge for PRISMA.
The success of this project shows how collective action can drive positive results and help Europe move towards a more secure and diversified energy supply.
We are proud to have played a part in this landmark initiative.”
As part of the European Commission's broader strategy to reduce dependency on Russian gas and diversify gas supplies, AggregateEU has played a critical role in ensuring that European companies can secure reliable, competitive energy supplies. The platform’s success has not only met immediate needs but also laid the groundwork for future energy procurement strategies.
About PRISMA
PRISMA European Capacity GmbH is a leading platform for the movement of gas across Europe, connecting over 3,000 stakeholders. Its cloud-based platform enables seamless access to the European energy infrastructure, ensuring transparency and fairness in the market. PRISMA is committed to driving the development of a sustainable, integrated, and transparent European energy market.
About AggregateEU
AggregateEU is the flagship initiative of the European Commission for the aggregation of gas demand and coordinated purchasing across the EU. Launched as part of the EU Energy Platform, AggregateEU supports Europe’s diversification of energy sources and its long-term energy security goals.