ENTSOG TYNDP 2017 - Main Report

5.4 TSO perspective

According to the Third Energy Package market-based investments should be primarily triggered by market testing. It might prove difficult, if not impossible, to secure sufficient financial ex-ante commitments for projects which cannot find direct and explicit users but are at the benefit of the overall system, such as the investments delivering security of supply or guaranteeing network flexibility and transmission services security. For market-based investment, TSOs’ role within the investment process involves enabling the market to signal necessary projects through market consultation. This includes national, regional and European plans, and also the incremental capacity process, integrated into the Capacity Allocation Mechanism Network Code. The final identification of this kind of infrastructure projects requires reliable commitments from market players. Finally, as stated in Regulation 347/2013, there are some projects that should be built taking into consideration contributions to security of supply, market integration, competition and sustainability (mainly, PCI projects). ENTSOG’s role in the investment process is to ensure an objective assessment of infrastructure development and to provide supporting information. The main risk stemming from the list of barriers identified in this Chapter is a delay in the delivery of necessary projects. The bi-annual repetition and continuous development of the TYNDP process should ensure an efficient and appropriate infrastructure assessment based on the latest developments in the European and global energy markets.

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Ten-Year Network Development Plan 2017 Main Report