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The European Energy Infrastructure Challenge. Alberto Pototschnig

Winter seminar 2015 - The European Energy Infrastructure Challenge D. Alberto Pototschnig, Director ACER

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The European Energy Infrastructure
Challenge
Alberto Pototschnig, Director
Funseam: Winter Seminar
Madrid, 6 March 2015
President Junker’s Priorities
The European Energy Union
.pool our resources, combine our infrastructures
and unite our negotiating power vis-à-vis third countries
.diversify our energy sources, and reduce the energy
dependency of several of our Member States
.keep our European energy market open to our
neighbours. However, if the price for energy from the
East becomes too expensive, either in commercial or in
political terms, Europe should be able to switch very
swiftly to other supply channels. We need to be able
to reverse energy flows when necessary
.strengthen the share of renewable energies on our
continent. This is not only a matter of a responsible
climate change policy.[…] Europe’s Energy Union to
become the world number one in renewable energies
2
The European Energy Union
Energy
Union
Energy
security,
solidarity and
trust
A fully-
integrated
Internal
Energy
Market
Energy
efficiency/
moderation of
energy
demand
Decarboni-
sation of the
economy
Research and
Innovation
3
EU Energy Policy and Infrastructure
Sustainability Competitiveness Security of
Supply
Support the
penetration of
renewable
energy
sources
The Three Pillars
Infrastructure
Support the
integration of
the Internal
Energy
Market
Support the
diversification of
energy sources
and routes and
the cross-border
sharing of
generation
capacity
4
European Council Conclusions – 4 Feb 2011
More Efficient Use
of Existing
Infrastructure
Removal of
Energy Islands
(by 2015)
Market
Integration
(by 2014)
Infrastructure
Expansion
Market Design
Improvements
Efficient
Infrastructure
Planning and
Development
5
.Electricity transmission systems, storage and
smart grid applications
€ 142 bn
of which:
» Interconnections € 70 bn
» Offshore connections € 32 bn
» Smart grids € 40 bn
.Gas pipelines, storage, LNG terminals and
reverse flow infrastructure
€ 70 bn
of which
» Outside the EU € 12 bn
Energy Infrastructure Investment
European Commission’s estimates – November 2010
(Energy Infrastructure Priorities for 2020 and beyond)
6
Ad

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The European Energy Infrastructure Challenge. Alberto Pototschnig

  • 1. The European Energy Infrastructure Challenge Alberto Pototschnig, Director Funseam: Winter Seminar Madrid, 6 March 2015
  • 2. President Junker’s Priorities The European Energy Union .pool our resources, combine our infrastructures and unite our negotiating power vis-à-vis third countries .diversify our energy sources, and reduce the energy dependency of several of our Member States .keep our European energy market open to our neighbours. However, if the price for energy from the East becomes too expensive, either in commercial or in political terms, Europe should be able to switch very swiftly to other supply channels. We need to be able to reverse energy flows when necessary .strengthen the share of renewable energies on our continent. This is not only a matter of a responsible climate change policy.[…] Europe’s Energy Union to become the world number one in renewable energies 2
  • 3. The European Energy Union Energy Union Energy security, solidarity and trust A fully- integrated Internal Energy Market Energy efficiency/ moderation of energy demand Decarboni- sation of the economy Research and Innovation 3
  • 4. EU Energy Policy and Infrastructure Sustainability Competitiveness Security of Supply Support the penetration of renewable energy sources The Three Pillars Infrastructure Support the integration of the Internal Energy Market Support the diversification of energy sources and routes and the cross-border sharing of generation capacity 4
  • 5. European Council Conclusions – 4 Feb 2011 More Efficient Use of Existing Infrastructure Removal of Energy Islands (by 2015) Market Integration (by 2014) Infrastructure Expansion Market Design Improvements Efficient Infrastructure Planning and Development 5
  • 6. .Electricity transmission systems, storage and smart grid applications € 142 bn of which: » Interconnections € 70 bn » Offshore connections € 32 bn » Smart grids € 40 bn .Gas pipelines, storage, LNG terminals and reverse flow infrastructure € 70 bn of which » Outside the EU € 12 bn Energy Infrastructure Investment European Commission’s estimates – November 2010 (Energy Infrastructure Priorities for 2020 and beyond) 6
  • 7. .“Mid-term mature” projects € 35-42 bn (commissioning by 2019) .“Long-term mature” projects€ 25-36 bn (commissioning in 2020-24) .“Less mature” projects € 44-66 bn (commissioning beyond 2024) Electricity Infrastructure Investment ENTSO-E TYNDP 2014 as assessed and aggregated in the Agency’s Opinion No 01/2015 of 29.01.2015 7
  • 8. Project Cost Estimates (€bn) Gas Infrastructure Investment ENTSOG TYNDP 2013-2022 8 Infrastructure Type FID Non-FID Total) Transmission (incl. CS) 7.1 53.4 60.5 LNG Terminals 1.8 6.9 8.7 Storage Facilities 0.8 2.8 3.6 Total 9.7 63.1 72.8
  • 9. Infrastructure Planning and Development Third Energy Package (2009) TYNDPs - Non-binding, … but reference for national NDPs - EU dimension in Network Planning - TYNDPs updated every two years TEN-E Regulation (2013) Projects of Common Interest (PCI) TEN-E Guidelines (2006) Projects of Common/European Interest - Long list of approx. 550 projects - Selection based on political agreement - No revision of the list envisaged in 7 yrs 9
  • 10. .Objectives » Implementation of 12 priority corridors/areas … » necessary to meet EU’s energy and climate policy goals by 2020 and beyond … » by providing policy and regulatory certainty … » through a stable and appropriate regulatory framework … » to promote the necessary investments TEN-E Regulation Regulation (EU) No 347/2013 10
  • 11. 35 46 “Smart grids” and Electricity highways all MS concerned Priority Electricity corridors Baltic Energy Market Interconnection Plan in electricity North South interconnections in Central and South Europe Northen Seas Off-shore grid North South interconnections in Western Europe 11
  • 12. 109 87 Priority Gas corridors North South gas interconnections in Central Eastern and South Europe Southern Gas Corridor « SGC » North South gas interconnections in Western Europe Baltic Energy Market Interconnection Plan in gas 12
  • 13. Energy Infrastructure Investment “Connecting Europe – The energy infrastructure for tomorrow” 13 Priority Corridor/Thematic Area Total Investment Need (€ bn) Estimated Investment Gap (€ bn) North Seas O/S G 30 8 NSI West Elec. 30 6 NSI CEE-SEE Elec. 40 12 BEMIP Electricity 5 3 Smart Grids 40 20 Total Electricity 145 49 (34%) NSI West Gas 20 1 NSI CEE-SEE Gas 26 5 Southern GC 22 8 BEMIP Gas 3 2 Total Gas 71 16 (23%)
  • 14. Electricity Transmission Investment Expected Investment Costs per country (€bn) (excluding smart grids) 14 Source: ENTSO-E, 2012. 0 5 10 15 20 25 30 35 DE UK FR IT NO ES IE NL PL SE BE CZ PT DK AT FI LT RO LV EE GR LU SK SI BU HR HU CY
  • 15. PCI Toolbox .Expedient permit granting procedures » Priority status, including for EIA procedures » Competent authority to manage permitting » Time limits for procedures (3.5 years max) » Enhanced transparency and public participation .Regulatory and other support measures » Cost-benefit analysis (CBA) » Cross-border cost allocation (CBCA): “beneficiaries pay” principle » Risk-related incentives » Financial support (grants for studies and financial instruments for all PCIs and grants for works for some) 15
  • 16. Importance of the Cost-Benefit Analysis .The CBAs should represent the basis for: » Preparation of TYNDPs (including an assessment of individual projects) by ENTSOs » PCI selection by Regional Groups (EC and MSs) » CBCA decisions by NRAs (or ACER) » Decisions to extend grants for works support under the Connecting Europe Facility .ENTSOs released draft CBA methodologies on 15 November 2013 .Agency’s Opinions on 30 January 2014 (ENTSO- E’s CBA) and 13 February 2014 (ENTSOG’s CBA) 16
  • 17. Projects of Common Interest (PCIs) .General criteria: » Contribute to infrastructure priorities (corridors) » Economic, social, environmental viability » Involve at least two Member States » Have significant cross-border impact » Part of TYNDP (from the 2015 PCI list) .Specific criteria: » Market integration (market, price convergence) » Security of supply » Sustainability » Competition (diversification – gas only) 17
  • 18. PCI Identification Process Prepare TYNDP for E and G ENTSO Project Promoters Submit candidate projects Criteria CBA for mature projects NRAs Check criteria application and cross- border relevance Regional Groups Evaluate Projects Rank Define regional lists Opinion on the draft Regional Lists and cross-border consistency MSs EC MSs and EC decide on Regional PCI Lists EC adopts PCI list 18
  • 19. First Union PCI List .Approved by Member States on 24 Jul 2013 .Adopted by the Commission on 14 Oct 2013 Commission Delegated Regulation (EU) No 1391/2013 ELECTRICITY PCIs Transm. Storage Sm. Grids Total North Seas O/S G 24 3 27 (12) NSI West Elec. 28 4 32 (21) NSI CEE-SEE Elec. 57 4 61 (26) BEMIP Electricity 10 2 12 (7) Smart Grids 2 2 (2) Total 119 13 2 134 (68) GAS PCIs Pipelines LNG/CNG UGS Total NSI West Gas 24 2 1 27 (20) NSI CEE-SEE Gas 44 5 4 53 (23) Southern GC 11 1 0 12 (4) BEMIP Gas 8 3 1 12 (8) Total 87 11 6 104 (55) 19
  • 20. Electricity and Smart Grids PCIs 20
  • 22. PCIs involving Spain PCI n. Description 2.6 Spain internal line between Santa Llogaia and Bescanó (ES) to increase capacity of the interconnection between Bescanó (ES) and Baixas (FR) 2.7 France - Spain interconnection between Aquitaine (FR) and the Basque country (ES) 2.8 Coordinated installation and operation of a phase-shift transformer in Arkale (ES) to increase capacity of the interconnection between Argia (FR) and Arkale (ES) 2.17 Portugal - Spain interconnection between Vila Fria - Vila do Conde – Recarei (PT) and Beariz - Fontefría (ES) 5.4 3rd interconnection point between Portugal and Spain 5.5 Eastern Axis Spain-France - interconnection point between Iberian Peninsula and France at Le Perthus– currently known as Midcat 22
  • 23. Main features of the Agency’s approach (Recommendation No 07/2013 of 25 September 2013) .Economic, social and environmental costs and benefits of the projects to be taken into account .Compensation provided only if at least one hosting country bears negative net benefit .Compensation should mainly aim at the “elimination of the negative net benefit” .Compensation should be provided by countries to which the project provides a “significant” positive net benefit .“significance threshold” equal to 10% of the sum of positive net benefits of all net benefiting countries Cross-border cost allocation (CBCA) 23
  • 24. Investment/CBCA Requests Total investment requests (22) Electricity (5) Gas (17) CBCA decisions taken by NRAs 3 10 CBCA decisions taken by ACER 0 1 CBCA decisions pending at ACER 1 0 Investment request still incomplete 0 1 Investment requests withdrawn 1 5 TOTAL 5 17 24
  • 25. PCI code Project name Status 4.2.1 Interconnection between Kilingi-Nõmme (EE) and Riga CHP2 substation (LV) Decision adopted by NRAs 4.2.2 Internal line between Harku and Sindi (EE) Decision adopted by NRAs 4.4.1 Internal line between Ventspils, Tume and Imanta (LV) Decision adopted by NRAs 4.5.1 LT part of interconnection between Alytus (LT) and LT/PL border Referred to ACER 3.11.4 Internal line between Kocin and Mirovka (CZ) Withdrawn Electricity CBCAs as of January 2015 25
  • 26. PCI code Project name Status 5.10 Reverse flow interconnection on TENP pipeline in Germany Decision adopted by NRAs 5.12 Reverse flow interconnection on TENP pipeline to Eynatten (Germany) Decision adopted by NRAs 5.18 Reinforcement of the German network to reinforce interconnection capacities with Austria [Monaco pipeline phase I] (Haiming/ Burghausen-Finsing) Decision adopted by NRAs 5.2 Twinning of Southwest Scotland onshore system between Cluden and Brighouse Bay (UK) Decision adopted by NRAs 5.3 (part) Shannon pipeline connecting PCI Shannon LNG Terminal located between Tarbert and Ballylongford (IE) in Count Kerry to the national gas grid at Foynes Decision adopted by NRAs Gas CBCAs (1) as of January 2015 26
  • 27. PCI code Project name Status 5.7 Reinforcement of the French network from South to North on the Bourgogne pipeline between Etrez and Voisines (France) [Val de Saone project] Decision adopted by NRA 8.2.3 Capacity enhancement of Klaipeda-Kiemenai pipeline in Lithuania Decision adopted by NRA 8.2.4 Modernisation & expansion of Incukalns Underground Gas Storage Decision adopted by NRA 8.5 Gas Interconnection Poland-Lithuania (GIPL) Decision adopted by ACER 6.1 (cluster) Cluster Czech–Polish interconnection upgrade and related internal reinforcements in Western Poland, including 11 PCIs Decision by NRAs appealed, but subsequently confirmed Gas CBCAs (2) as of January 2015 27
  • 28. PCI code Project name Status 6.2 (cluster) Cluster Poland–Slovakia interconnection and related internal reinforcements in Eastern Poland, including 9 PCIs Decision adopted by NRAs 6.3 Slovakia–Hungary Gas Interconnection between Vel’ké Zlievce (SK) – Balassagyarmat border (SK/HU) – Vecsés (HU) Withdrawn 7.1.5 Gas pipeline from Bulgaria to Austria via Romania and Hungary Incomplete request 8.1.1 Interconnector between Estonia and Finland “Balticconnector” Withdrawn 8.1.2.1 Finngulf LNG Withdrawn 8.1.2.2 Paldiski LNG Withdrawn 8.1.2.3 Tallinn LNG Withdrawn Gas CBCAs (3) as of January 2015 28
  • 29. Context .530 km pipeline with initial capacity 2.4 bcm/y, cost €558 m, net benefits €830 m .Aimed at ending isolation of Baltic Member States from EU gas market and at diversifying gas supply GIPL CBCA Decision (1) Process .1 May: no NRA decision within 6 months deadline, investment request referred to ACER (Art. 12(6) TEN-E Regulation) .May - July: consultations with NRAs and project promoters .11 August: Decision No 01/2014 adopted and notified to parties concerned. Decision published on 29 August 29
  • 30. Assessment .Admissibility, completeness and maturity .Costs and benefits by Member State GIPL CBCA Decision (2) Cross-Border Cost Allocation (ACER Recommendation No 07/2013 of 25 September 2013) .Compensation payable upon project commissioning GIPL Costs and Benefits (€m) 0 100 200 300 400 500 600 700 800 PL LT LV EE Benefits Costs Payer TSO Recipient TSO Compensation Payment (€m) AB Amber Grid (LT) Gaz-System S.A. (PL) 54.9 (64.0%) JSC Latvijas Gāze (LV) Gaz-System S.A. (PL) 29.4 (34.3%) AS EG Vorguteenus (EE) Gaz-System S.A. (PL) 1.5 (1.7%) Total Compensation 85.8 (100%) 30
  • 31. CBCA Decisions: Main Features .The vast majority of the CBCA decisions are on projects located in one country in which the relevant TSO will bear 100% of the costs .In half of the cases the NRAs accepted the CBCA proposed by the Project Promoters .In all but one case, the NRAs have agreed not to allocate costs to non-hosting beneficiaries .In the two cases where more than 7% of CAPEX were proposed to be allocated to any non-hosting beneficiary, the concerned NRAs failed to reach an agreement .GIPL: ACER Decision 11 August 2014 .LitPol: referred to ACER on 9 December 2014 31
  • 32. 0 100 200 300 400 Work Study Type of action €million Connecting Europe Facility .€ 5.85 bn of financial support to energy PCIs (2014-20) .First round (21 November 2014): € 647 million 32
  • 33. CEF Funding: First Round Corr./ Area PCI Name Action Type € m BEMIP Gas PCI Poland-Lithuania interconnection Works 306.0 BEMIP Elec Interconnection between Kilingi-Nömme (EE) and Riga CHP2 Works 112.3 BEMIP Elec Internal line between Ventspils, Tume and Imanta (LV) Works 55.1 NSI West Gas PCI Twinning of Southwest Scotland onshore system between Cluden and Brighouse Bay (UK) Works 31.7 A G North Atlantic Green Zone Project (Ireland, UK) Works 31.7 NSOG PCI Norway-United Kingdom interconnection Study 31.3 BEMIP Gas Capacity enhancement of Klaipeda-Kiemenai pipeline in Lithuania Works 27.6 Others 51.5 33
  • 34. Working towards the Second PCI List .Expected to be adopted in Autumn 2015 .More robust CBA methodologies available .Cross-border Cost Allocation .Application of the .“elimination of the negative net benefit” criterion .“significance threshold” criterion 34
  • 35. Thank you for your attention Thank you for your attention 35 www.acer.europa.eu