Since the conversion efficiency into
electricity or heat is higher with natural
gas than with other fossil fuels, less
energy is lost in the process.
On 4 February 2011, European Council set the
deadline for completing the internal energy
market to the end of 2014. The involved parties
are working hard to achieve this ambitious goal.
As foreseen by Regulation (EC) 715 / 2009,
ENTSOG has been asked to deliver network codes
under a very strict timeline – one year – while also
consulting with all relevant stakeholders in this
same period. Network codes for capacity alloca-
tion mechanisms, balancing, interoperability and
harmonisation of tariff structures will serve as the
cornerstones of Europe’s future internal energy
market. Together with network codes, continuous
development of the Ten-Year Network Develop-
ment Plan (TYNDP) has provided some of the
most interesting and excellent overviews of the
European gas market over a ten-year period. The
next edition of this document will be strengthened
(planned for February 2015) by the first im
plementation of Cost-Benefit Analysis (CBA)
methodology applied to projects of common inter-
est for the EU.
Our efforts from 2011–2014 have been devoted to
completing network codes and developing new
ones as they become necessary, as well as finalis-
ing the next edition of TYNDP. From 2015 on-
wards, a new set of network codes will be taken
into consideration so that the internal gas market
can be improved in additional aspects.
ENTSOG has engaged a team in Brussels that is,
with the support of our members in various work-
ing groups, working to complete these many
tasks. Regular workshops and meetings with
stakeholders are conducted where various issues
can be presented and discussed. By proceeding
in this manner, we will be able to develop and
complete our network codes and TYNDP in our
steadfast pursuit of an effective internal energy
market for Europe.
Targets 2015
Image courtesy of GRTgaz
ENTSOG Annual Report 2013 |
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