Modelled Direction
Yes
exit
Yes
entry
DESCRIPTION OF THE PROJECT
Ital Gas Storage will construct a new gas storage facility located in Lombardy (Italy). The facility will have a working gas volume of 1.3 billion cubic meters (+10% of actual Italian capacity). The maximum injection and withdrawal rate from
the facility will be 27 million cubic meters per day (+10% of actual capacity).
EXPECTED BENEFITS
Security of Supply, Market integration (Italy, Southern Europe, Central Europe), Reverse Flows, Diversification of sources, Diversification of routes, N-1 National (Italy), N-1 Regional (West), Back-up for renewables, Cornegliano UGS
will
contribute to the development of reverse gas flow from South Europe to Central Europe and North Europe by providing shippers with an important source of flexibility and gas modulation at relatively low cost (the national tariff in
Italy
is the lowest in Europe).
COMMENTS ABOUT THE PROJECT FINANCING
Public financing
Private financing
Multilateral financing
Cornegliano
297.00
Storage Italia
Hub Italia
297.00
Hub Italia
Storage Italia
PROJECTED CAPACITY INCREASES
Interconnection
Capacity (GWh/d)
From Zone
To Zone
ENTSOG TYNDP 2013-2013 - Annex A
Southern Corridor GRIP 2014–2023 Annex B |
152
