167 / 288
Ten-Year Network Development Plan 2017 Main Report |
167
Table 5.1:
Categories of Barriers to Investment
%
15
34
13
19
13
6
%
14
15
27
22
9
%
16
29
13
36
3 3
13
Financing
Market
Permit Granting
Regulatory
Political
Other
LNG
TRA
UGS
Figure 5.3:
Overview of project barriers by project type, as submitted by the promoters (LNG–TRA–UGS)
Financing
Market
Permit Granting
Regulatory
Political
Other
%
15
29
23
14
9
10
Figure 5.2:
Combined overview of project barriers,
as submitted by the promoters
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):
REGULATORY
Rate of Return (level and stability)
Low price of short term capacity
Capacity quotas
– Lack of proper transposition of EU regulations
– Significant changes in national and EU legislation
– A missing or not uniform regulatory framework
Other
MARKET
Lack of market support
– Lack of market maturity
– Market uncertainty
Other
PERMIT GRANTING
FINANCING
Availability of funds
Amortisation rates
Other
POLITICAL
OTHER
Figure 5.2 presents the breakdown of the barriers.
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: