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Ten-Year Network Development Plan 2017 Main Report |

155

4.5.7 INVESTMENT COSTS

Investment costs are for project promoters in many cases commercially sensitive

information and might have the potential to negatively affect the competitive

position of project promoters vis-à-vis contractors.

However, as part of the transparency process adopted, ENTSOG has collected

information from promoters on indicative investment costs for the submitted projects.

Given the sensitivity of the data, in this report this information is displayed only in an

aggregated way.

Cost information is available for more than 90% of projects with FID or Advanced

status. Figure 4.14 shows the total cost (CAPEX) per project status.

 1)

Costs are available for around 190 projects, for a total

of around 86bn€. According to available information

for FID and Advanced projects their total costs amount

to approximately 45bn€. The distribution of the total

expected CAPEX across different categories of projects

is displayed in Figure 2.14. These sums include cost

estimates derived by ENTSOG, where cost information

was missing on the basis of provided project technical

information

 2)

, and on ACER Report on Unit Investment

Cost for Electricity and Gas

 3)

published in July 2015.

Those figures are indicative. In the PS-CBA phase pro-

ject costs will have to be specified in more detail for the

financial and economic assessment.

According to project promoters’ submission, invest-

ments are highly concentrated in 2018–2020, with

around 60% of the total expected cost to be experi-

enced in those years.

 1) Promoters have provided a minimum and a maximum range for costs. The values reported in the TYNDP Report have

been therfore calculated as average of those minimum and maximum values.

 2) In cases where such information was not available costs could not be established.

 3)

http://www.acer.europa.eu/official_documents/acts_of_the_agency/publication/uic%20report%20-%20gas%

20infrastructure.pdf

Figure 4.14:

Overview of total cost by project status (Billion €)

bn €

0

45

40

35

30

25

20

15

10

5

FID

Advanced Non-FID Less-Advanced Non-FID

Figure 4.15:

Overview of total cost by commissioning year (Billion €).

0

5

10

15

20

25

30

bn €

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

from

2026

FID

Advanced non-FID

Less-Advanced non-FID