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Gas Regional Investment Plan of the South Region 2017
5.4.3 CAPACITY SUBSCRIPTION AT IPS BETWEEN
SPAIN AND PORTUGAL (VIP IBERICO)
After October 2014, the cross-border capacity between Spain and Portugal is mar-
keted in the VIP (Virtual Interconnection Point): VIP Iberico.
In the Spain–Portugal direction, approximately two thirds of the capacity is booked
in the long term.
In the Portugal –Spain direction, as of today no capacity is booked.
Physically, the flow is always Spain – Portugal direction; Portugal – Spain flow is a
back hole flow capacity.
0
250
200
175
150
125
100
75
50
25
225
GWh/d
Booked Capacity ES-PT
Booked Firm Capacity ES-PT
Physical flow (ES-PT)
Available Capacity
VIP Iberico (Spain – Portugal direction)
Jan 14
Jul 14
Jan 15
Jul 15
Jan 16
Jul 16
Jan 17
Jan 18
Jul 17
Figure 5.16:
Capacity subscription at IPs between Spain and Portugal (VIP Iberico),
Spain – Portugal direction (Source: TSO own elaboration)
0
250
200
175
150
125
100
75
50
25
225
GWh/d
Booked Capacity PT-ES
Booked Firm Capacity PT-ES
Physical flow (PT-ES)
Available Capacity
VIP Iberico (Portugal – Spain direction)
Jan 14
Jul 14
Jan 15
Jul 15
Jan 16
Jul 16
Jan 17
Jan 18
Jul 17
Figure 5.17:
Capacity subscription at IPs between Spain and Portugal (VIP Iberico),
Portugal – Spain direction (Source: TSO own elaboration)