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Ten-Year Network Development Plan 2017 Main Report
5.3 Project Promoter
Perspective
In addition to the aforementioned impact of energy
policies, project promoters are facing various challenges
in the completion of their projects. As part of the
TYNDP 2017 infrastructure project data collection
process, ENTSOG has gathered information on
perceived investment barriers. Out of the 97 promoters
having submitted projects for this TYNDP edition,
49 have indicated at least one barrier for 102 projects.
Below are listed the submitted barriers for the global perspective of the TYNDP. This
list groups in main categories and broad terms barriers reported in different Europe-
an contexts, not necessarily detected in each country.
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Insufficient rate of return
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Regulatory framework instability
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Lack of funding
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Lack of long-term commitment
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Uncertainty on the realisation of the upstream projects and/or the respective
gas source development
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Capacity booking quotas
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Market uncertainty
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Lack of stability in the energy legal framework
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Geopolitical issues
The reported barriers for national perspectives are listed in the following figure:
Figure 5.1:
National Barriers to Investment (when reported)
Missing or not uniform regulatory framework
Lack of coordination between Countries
Delay in permit granting
Comepetent Authority still missing
Insufficient regulatory framework
Market size
Low price of short term capacity
missing alignment with EU regulation
local permit granting
Lack of stability
Lack of proper transposition of EU regulation
Competing Projects
Regional Coordination
Rate of return
Tariff regime
Lack of market support
Amortization rates
Long and complicated permit granting
Lack of market maturity
0
5
10
15
20
%