ENTSOG Southern Corridor (SC) Gas Regional Investment Plan (GRIP) 2014-2023 / Main Report

The present 2 nd edition of the Southern Corridor Gas Regional Investment Plan provides a specific overview of the investment projects in gas infrastructure (trans- mission, underground storage and LNG) with Regional relevance, sponsored by either the Region’s TSOs or by 3 rd parties. This means that although this GRIP is con- sistent with TYNDP 2013–2022 (to the extent practically possible, due to the time lag between the two publica- tions) several projects, included in the TYNDP, have been excluded from the GRIP, on the ground of lacking Regional relevance.

LEGAL BASIS

The biannual publication of a Regional investment plan is a legal obligation for European TSOs, stemming from Directive 2009/73 Article 7 and further detailed by Regulation (EC) 715/2009 Article 12.

ENHANCEMENTS OF THIS EDITION

As already announced in the chapter “Conclusion and the Way Forward” of the GRIP 2012 – 2021, the present edition includes a Supply & Demand analysis, supported by the modelling of more than 70 cases that were considered relevant for our Region, with the use of the same tool used for the preparation of the TYNDP 2013–2022. Other enhancements include: \\ the inclusion of more project from non-TSO sponsors, facilitated by the European Commission’s PCI selection process 1) during 2013. \\ the examination of congestion issues at Interconnection Points. \\ a more detailed clustering of projects for the modelling exercise. In fact due to the existence of very large and often competing project, the non-FID cluster would always give an impression of overcapacity. It was therefore considered appropriate to split this cluster to smaller ones enabling a closer focus to the impact of discrete large project. \\ the reference to Regional gas prices in comparison to the ones applied in other Regions of Europe.

1) According to Regulation (EC) 347/2013 and related Commission Decision of 14.10.2013, identifying the first Union list of PCIs

Southern Corridor GRIP 2014–2023 |

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