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6-month RU disruption

Optimal crisis management

6-month RU disruption

Sub-optimal crisis

management

Share of disr

in February

< 10

10% –

20% –

60% –

80%

RU disruption

risis management

Share of disrupted demand

in February

< 10%

10% – 20%

20% – 60%

60% – 80%

80% – 100%

CRISIS MANAGEMENT BY

MARKET & INSTITUTIONS

Definition of 2 modelling approaches

(e. g. 6-month RU disruption)

\\

Optimal crisis management

–– Price-responsive market functioning

–– Perfect cooperation between Member States

> Disruption spread among a maximum of countries

in order to reduce relative impact

\\

Sub-optimal crisis management

–– Price-responsive market functioning

–– Member States export gas only if own demand

completely satisfied

> Disruption focused on limited number of countries

but with higher relative impact

SUPPORT FOR GAS COORDINATION GROUP AND STRESS TEST

The Gas Coordination Group (GCG) is a platform estab-

lished by Regulation (EU) 944/2010 that introduces meas-

ures of safeguarding the security of gas supply. By request

from the European Commission, ENTSOG carried out a top-

down assessment of stress test scenarios in order to com-

plement member state analyses.

The role of the Gas Coordination Group (GCG) is to exchange

information and best practices, and to facilitate Security of

Supply (SoS) standards. Members include the European

Commission, representatives of EU member states, ENTSOG

and other international organisations, as well as industry.

ENTSOG is responsible for coordinating TSO expertise with

respect to assessing the interconnected gas infrastructure,

especially through modelling analyses. As a part of its regular

contributions, ENTSOG published Summer Supply Outlook

2014 and Winter Supply Outlook 2014/15.

The Ukraine crisis has been the core focus of the GCG. In

spring 2014, ENTSOG carried out its first simulation based on

scenarios defined by European Commission. The results were

presented to the Madrid Forum in May and confirmed the

strong reliance of the Baltic, Central-Eastern and South-East-

ern European regions on receiving Russian gas. It also dem-

onstrated the benefits of large-scale underground gas storage

to mitigate potential disruptions in supply. This study was

developed and updated late summer on the basis of member

stress tests. The results were taken into consideration in the

European Commission report submitted to the Council in

October 2014.

ENTSOG Annual Report 2014 |

31