27 / 124
South-North Corridor GRIP 2017 |
27
3.1 Introduction
The aim of this chapter is to provide useful elements to
understand the evolution of the natural gas market in
the countries belonging to the South-North Corridor.
The analysis of historical data and of future market
trends, both at a regional and continental level, repre-
sents the basis for the planning and construction of new
infrastructures. Consequently, a proper interpretation of
these data is one of the key factors to understand the
current configuration of the gas infrastructure as well as
future enhancements of transmission networks, storage
facilities and LNG plants.
The chapter is structured as follows:
\\
In the first section,
historical data
related to the annual average demand
are shown, with a description of the current situation and a comparison with
previous years; data are presented in order to highlight both trends concerning
all the countries of the Region, and also the demand breakdown into different
consumption sectors (residential/industrial and power generation).
\\
In the second part, a natural gas
demand forecast
for the next twenty years is
given, both in terms of annual average demand and annual peak demand.
\\
A third final section deals with the analysis of the
markets
in the Region,
focusing on different hub performances in terms of volumes and prices.
All the data used for the demand analysis have been sent by the TSOs to
ENTSOG in 2016 for the data collection for TYNDP 2017. The data are not
temperature-corrected.