Transcript Slide 1

ERGEG Gas Regional Initiative
Update & Progress
XVI Madrid Forum
Madrid, 29 May 2009
XVI Madrid Forum, 29 May 2009
Jose Sierra
Chair, RIG
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Regional Initiatives
1.
2.
The Regional Initiatives Group (RIG)
Progress report based on topic by topic
1.
Why RIG
–
Ensuring consistency between regions and the EU
SEM and
–
Finding the role of the ERGEG RIs in the new
context of the Third Package
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Regional Initiatives:
Future Role?
– Are third energy package and Regional Initiatives
(RIs)
complementary?
– Regional Initiatives are bottom up approach to achieving
a single market
– Third package contains top-down tools (e.g. Network
codes)
•
RIs may have disadvantages – hard to co-ordinate
and risk regional, not European, results
– Criticism often made is that RIs may ’diverge‘
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Regional Initiatives - Essential?
• RIs are important to enable us to make progress
– Achieving a single market is extremely complex
– We have a step by step approach where the RIs have a big
role;
– Enabling ideas to be tested before wide European
application (low risk)
• But for these benefits to be achieved the risks of the
regional approach must be actively managed
• RIG has been created by ERGEG to better manage
convergence of regions through greater co-ordination
and improved communication.
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RIG: Work Plan
• RIG will:
– Ensure convergence of Regional Initiatives towards
the SEM.
– Facilitate cross region, and cross sectoral sharing of
experience.
– Publish a single annual progress report to be
resented at the November RIs Conference
– Publish a paper to provide clarity on the role of the
RIs in the context of the third package.
– Cooperate with the EC regarding its study on RIs
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Regional Initiatives
1.
2.
The Regional Initiatives Group (RIG)
Progress report based on topic by topic
2.
Progress report based on topic by topic
− Investment
− CAM
− Transparency
− Harmonisation
− SoS
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Progress report
Investments
• Market integration requires developing interconnection
capacity.
After a successful open season between Belgium &
France, the experience shows that high-level
coordination is required.
• Open seasons for France/Spain interconnections to be
launched by summer 2009, including capacity inside France
(SW region)
• Virtual investment test case (NW region)
• Initial steps towards a Regional Investment Plan (supply
disruption scenarios) and, in particular, identification &
assessment of investments to enable reverse flows (SSE
region)
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Progress report
Capacity allocation
• Improving the use of existing interconnection points.
Legal constrains at national level hamper regional
harmonization.
• Simplification of projects leading to 3 projects – Short term
capacity, secondary capacity markets and bundled
interruptible capacity (NW region)
• TSO survey on contractual, legal, and/or regulatory barriers
that hamper harmonization of nomination and renomination
lead times (SSE region)
North → South
• Successful OSP between France &
Spain. Also in the next 2009 OS with
4 balancing & 4 TSOs (SW region)
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SPAIN
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South → North
Progress report
Transparency
• Implementation of EU standards and sometimes going
beyond with concrete results
• 1st phase of transparency project on transmission completed
successfully with target above EU standards agreed by
stakeholders. 2nd phase under discussion.
90% of TSOs now publish capacity and flows data, compared
to 50% at the start of the project. (NW region)
• Publication of new interconnection capacities building status;
updated every 6 months. (SW region)
• Regulators have analysed transparency results of GGPLNG
monitoring. The exercise shows good level of transparency.
(SW region)
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Progress report
harmonization and interoperability
• Some progress but a long distance still to go
• Modification of national legislation to harmonized
capacity allocation mechanisms at the borders (SW
region)
• Progress towards entry/exit structures (NW region)
• Baumgarten
as
regional
hub;
conclusion
Interconnection Point Agreement (SSE Region)
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Progress report
Security of Supply
• A new challenge for the GRI (in cooperation with the
GWG) after the last gas crisis.
RIG action plan: Experience in enhancing Gas SoS at
regional and cross-regional level.
• Ad hoc concern: “Lessons learnt” from the gas crisis,
identifying short term measures to increase emergency
preparedness (SSE region)
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Thank you for your attention!
www.energy-regulators.eu
Mark your diary for the World Forum on Energy Regulation IV
October 18-21, 2009
Athens, Greece
www.worldforumiv.info
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