ENTSOG TYNDP 2017 - Main Report
The detailed description of the reported investment barriers per project are listed in Annex A. Investment barriers have been grouped as indicated in the next table (with sub-groups where proposed):
Rate of Return (level and stability) Low price of short term capacity Capacity quotas
REGULATORY
– Lack of proper transposition of EU regulations – Significant changes in national and EU legislation – A missing or not uniform regulatory framework
Other
Lack of market support – Lack of market maturity – Market uncertainty Other
MARKET
PERMIT GRANTING
Availability of funds Amortisation rates Other
FINANCING
POLITICAL
OTHER
Table 5.1: Categories of Barriers to Investment
Figure 5.2 presents the breakdown of the barriers.
10
15
9
Financing Market Permit Granting Regulatory Political Other
%
29
23
14
Figure 5.2: Combined overview of project barriers, as submitted by the promoters
The most largely reported barriers are related to the regulatory and market frameworks. The next graphs show that the predominance of those two barriers is common to all types of infrastructures:
LNG
TRA
UGS
6
3 3
15
14
13
16
13
9
36
%
%
%
27
19
29
34
22
13
15
13
Financing
Market
Permit Granting
Regulatory
Political
Other
Figure 5.3: Overview of project barriers by project type, as submitted by the promoters (LNG–TRA–UGS)
Ten-Year Network Development Plan 2017 Main Report | 167
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