ENTSOG TYNDP 2017 - Executive Summary

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Additionally, the TYNDP assessment takes a more fact-based approach to look more closely at the case of those Eastern countries which are reported as experiencing higher import prices for Russian supply due to a monopolistic situation. In recent years, the example of the Lithuanian Klaipėda LNG terminal has shown that infrastructures creating the conditions for competition can have a positive impact on prices. Based on publicly available import price information, the TYNDP assesses the market prices that would result from those import prices under an assumption of perfect market functioning. Under such assumption, areas where market prices do not align with Western countries indicate where additional infrastructure would enable the diversification of supply sources and support improving competition. FID and advanced projects included in the TYNDP improve the situation by enhancing market integration. Some additional targeted investments from the 2  nd PCI list would completely mitigate the exposure to higher import prices for Russian supply.

Market prices 2017

Price Spread (€/MWh)

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Figure 4.11: Market prices in 2017 as result from modelling based on observed import prices

Image courtesy of GRTgaz

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