Gas revolution from Finnish perspective. Herkko Plit Deputy Director General MEE Energy Department Chairman of the Board of Baltic Connector Oy
|
|
- Ashlee Georgia Lewis
- 6 years ago
- Views:
Transcription
1 Gas revolution from Finnish perspective Herkko Plit Deputy Director General MEE Energy Department Chairman of the Board of Baltic Connector Oy
2 Total energy consumption 2013 (primary energy) Wood fuels 25 % Hydro and wind power 3 % Other 4 % Net imports of electricity 4 % Peat 4 % Natural gas 8 % Coal 11 % Oil 23 % Source: Statistics Finland Nuclear energy 18 %
3 Electricity Consumption 2015 (82.5 TWh) Industry total 47 % Metal industry 10% Chemical industry 8 % Other industry 5% Housing and agriculture 23 % Other consumption total 50 % Forest industry 24 % Losses 3 % Services and building 27 % Source: Finnish Energy Industry
4 Finnish Gas Market One single supplier of gas: Gazprom One substantial gas company: Gasum Gas consumption has decreased over the last years In 2014: 29,3 TWh; 1-11/ ,8 TWh Taxation, economic downturn, mild winters and decrease of gas usage in energy production Derogation from EU regulation on developing gas legislation according to the EU internal markets in force Target: keep gas as part of Finnish energy mix and increase security of supply and enhance gas market development More evolution than revolution?
5 Needed changes and target in the gas market - gas market legislation Elementary change due to weakened competivity of pipe gas in the energy markets Especially in energy production natural gas and other fuels are competing with each other Natural gas consumption has decreased by one third during 2010 s Create opportunities for developing LNG-infrastructure and utilization of biogas Create opportunities for Finland to be part of EU internal gas market and connecting Finland to the Baltic and central-europe gas market Create opportunities to diversify natural gas supply sources and to improve the security of supply PM Juha Sipilä s Government Programme: Gas market legislation proposal includes actions that are connected to the Government peak projects Strengthening of competitiveness by improving opportunities for entrenepeurship Simplifying legislative base
6 LNG-infrastructure
7 LNG terminal infrastructure Objective was to create a network of LNG terminals in Finland Chicken and egg problem in maritime transportation Common objectives: 1. Environmental protection Maritime and heavy transportation Industry/energy production 2. Security of supply and increase the competition in fuel markets LNG terminals dont replace pipe gas, they create new opportunities for use of gas
8 LNG terminal infrastructure 4 projects received investment aid from MEE Total investments ~ M + ships, bunkering, distribution, etc. Granted aid amount ~93 M
9 Tornio Manga LNG Oy Location: Tornio Capacity m3 Investment ~110 M Ownership: Outokumpu 45 % Skangas 25 % SSAB 25 % EPV 5 % Source: Manga LNG Oy
10 Tornio Manga LNG Oy Status 01/2016 Investment aid 09/2014 Start of construction works 01/2015 Completion of the terminal 08/2017 Start of LNG deliveries 02/2018 Source: Manga LNG Oy
11 Pori Skangas Oy Location: Pori (Tahkoluoto) Capacity m3 Investment ~81 M Ownership: Skangas Oy (Gasum FI, Lyse NO) Source: Skangas Oy
12 Pori Skangas Oy Status 01/2016 Investment aid 09/2014 Final investment decision 09/2014 Under construction Completion of the terminal 09/2016 Source: Skangas Oy Source: Skangas Oy
13 Hamina Haminan Energia Oy Location: Hamina Capacity m3 Investment ~92 M Ownership (Hamina LNG Oy): Haminan Energia Oy Alexela Varahalduse AS Status 01/2016 Investment aid 12/2014 COM approval 02/2016 Investment decision 02/2016 Completion of the terminal 2018 Source: Haminan Energia Oy
14 Rauma Oy Aga Ab Investment aid 09/2014 Location: Rauma Final investment decision has not been made Capacity: m3 Investment ~30 M Source: Oy Aga Ab
15 Balticconnector Project
16 Aim of Balticconnector pipeline Increase security of supply Diversification of supply sources Market development More competition in the gas market Increased demand as a result
17 Benefits from the Balticconnector Additional supply source for Finland from Central Europe and vice versa Using Incukalns as seasonal storage, peak price shaving Cross-border balancing services Increased gas market; Baltics and Finland one entry exit area Price convergence in the region Possibility to enhance biogas markets Enhance Power to Gas potential
18 Project Developers Baltic Connector OY Baltic Conncector Oy is a state owned company in Finland. The company was set up in 2015 to implement the Finnish part for the Balticconnector pipeline project. Web: Elering Gaas AS Elering Gaas AS is a state owned company in Estonia providing the gas transmission service in Estonia. The company is responsible for transporting natural gas from the Estonian border through the transmission network to the agreed connection points. Elering Gaas AS and Elering AS will merge in the beginning of Web: gaas.elering.ee
19 Balticconnector connects the Baltic and Finnish gas transmission networks Increases security of supply Creates opportunities for market growth and makes way for alternative sources (LNG & bio gas) Connects the Finnish energy island with the Baltics and through the GIPL to the whole Europe
20 Balticconnector connects the Baltic and Finnish gas transmission networks Bidirectional flow enables to cover all the Estonian demand and about one third of Finnish peak demand. Enables gas transmission from Finland to the Baltic gas market and vice-versa. Enables for all the regions market participants utilize the storage capacities in underground storages. Offshore pipeline length ca 80 km Finland: CS + onshore pipeline ca 20 km Estonia: CS + onshore pipeline ca 50 km
21 Balticconnector current status Offshore Licensing in Estonia EIA procedure ongoing Superficies license procedure ongoing Licensing in Finland EIA procedure completed Front-end Engineering Design ongoing (FEED) Onshore Finland EIA completed Onshore Estonia Kersalu CS detailed planning and EIA completed Kiili-Kersalu pipeline EIA and planning completed
22 Balticconnector needs EU support Balticconnector important for EU energy strategy to create diversified gas source Project would not be commercially viable without substantial EU support Agreement for grants on studies signed with Commission on December 2015 Grant for works application in April 2016 Project overall cost estimate 250 M
23 Project schedule EIA process in Finland ended in Q EIA process in Estonia will end Q FEED started in autumn 2015 and ends March 2016 Final route survey and investigations in the second half of 2016 FID readiness 3 rd Quarter of 2016 Detailed design starts autumn 2016 All necessary permits for offshore part latest 2018 Construction will start immediately after receiving all the needed permits and FID Pipeline ready in the end of 2019 Pipeline life time designed for 50 years
24 Construction
25 Thank You
Finnish-Baltic gas market integration TSO pricing study - status report April 17, Timo Partanen energy Authority
Finnish-Baltic gas market integration TSO pricing study - status report April 17, 2018 Timo Partanen energy Authority Study on Transmission tariffs for the Finnish Baltic gas market The purpose of the
More informationBaltic Energy Market Interconnection Plan GRIP
GAS REGIONAL INVESTMENT PLAN 2017 Baltic Energy Market Interconnection Plan GRIP ANNEX A: INFRASTRUCTURE PROJECTS CMYK 63 / 58 / 35 / 0 CMYK 56 / 0 / 95 / 0 Page 129 of 620 Balticconnector TRA-N-895 Project
More informationBaltic Energy Market Interconnection Plan GRIP
GAS REGIONAL INVESTMENT PLAN 2017 Baltic Energy Market Interconnection Plan GRIP MAIN REPORT CMYK 63 / 58 / 35 / 0 CMYK 56 / 0 / 95 / 0 Table of Content EXECUTIVE SUMMARY 4 1 INTRODUCTION 6 2 SUMMARY OF
More informationKlaipėda LNG Terminal a Game Changer in the Baltic Sea Region. Mantas Bartuska General manager SC Klaipėdos Nafta
Klaipėda LNG Terminal a Game Changer in the Baltic Sea Region Mantas Bartuska General manager SC Klaipėdos Nafta 1 1. Introduction to SC Klaipėdos Nafta A Diversified Oil Product and LNG Terminal Operator
More informationGASUM GROUP FINANCIAL STATEMENTS BULLETIN January 1 to December 31, 2016
GASUM GROUP FINANCIAL STATEMENTS BULLETIN January 1 to December 31, 2016 Cleanly with natural energy gases USE TRANSMISSION AND DISTRIBUTION PRODUCTION, SOURCING AND SALES PURPOSEFUL STEPS TAKEN TO EXPAND
More informationINTEGRATION OF LNG TERMINAL IN THE LITHUANIAN GAS SYSTEM 22 ND MAY, Mantas Šabanas Project Analytics Manager
INTEGRATION OF LNG TERMINAL IN THE LITHUANIAN GAS SYSTEM 22 ND MAY, 2018 Mantas Šabanas Project Analytics Manager KN AN OIL PRODUCT AND LNG TERMINAL OPERATOR Traditional business Focus on strategic expansion
More informationBALTICCONNECTOR natural gas pipeline worksites
BALTICCONNECTOR natural gas pipeline worksites Balticconnector is a gas pipeline that connects Finland and Estonia and links the Finnish and Baltic gas markets, enabling their integration with the EU's
More informationNational Report 2016 to the Agency for the Cooperation of Energy Regulators and to the European Commission
Ref: 1518/601/2016 8.7.2016 National Report 2016 to the Agency for the Cooperation of Energy Regulators and to the European Commission Finland National Report 2016 - Energy Authority, Finland 1 CONTENT
More informationESTONIAN GAS SUPPLY SITUATION Tallinn
ESTONIAN GAS SUPPLY SITUATION 11.01.2012 Tallinn AGENDA 1.History review. 2.Security of supply. 3.Investments in gas system 2006-2011. 4.Future development plans. 5.Tariff regulation. 6.Draft Natural Gas
More informationBaltic Energy Market Interconnection Plan GRIP
GAS REGIONAL INVESTMENT PLAN 2014 2023 Baltic Energy Market Interconnection Plan GRIP MAIN REPORT Table of Content INTRODUCTION 3 EXECUTIVE SUMMARY 4 1 THE EU INITIATIVES ON ENERGY INFRASTRUCTURE 6 1.1
More informationDEVELOPMENT OF A REGIONAL GAS MARKET IN THE BALTIC AND CEE REGIONS
DEVELOPMENT OF A REGIONAL GAS MARKET IN THE BALTIC AND CEE REGIONS Piotr Ku, Deputy Director, Development Division, GśZ-SYSTEM S.A. BALTIC ENERGY FORUM 2017 Vilnius, 23 November 2017 GAZ-SYSTEM INTRODUCTORY
More informationState of Play of Gas Interconnection Poland Lithuania (GIPL)
State of Play of Gas Interconnection Poland Lithuania (GIPL) Status Quo & Further Steps Baltic Gas Market Forum Tallinn, 3 rd November 2016 1 GIPL: original approach The main goals Integrate the isolated
More informationNational Report 2017 to the Agency for the Cooperation of Energy Regulators and to the European Commission
Ref: 1469/401/2017 12.7.2017 National Report 2017 to the Agency for the Cooperation of Energy Regulators and to the European Commission Finland National Report 2017 - Energy Authority, Finland 1 CONTENT
More informationMotorways of the Sea Forum. Brussels, 16 th of June 2017
Motorways of the Sea Forum Brussels, 16 th of June 2017 Vitalijus Trakšelis Project manager, small scale LNG 16 June, 2017 Introduction to Blue Baltics project Index 1. KN and Klaipėda LNG terminal 2.
More informationESTONIA COUNTRY PROFILE 28
ESTONIA COUNTRY PROFILE 28 Overview Estonia has a GDP of USD 23,089 million vi and a population of approximately 1.34 million. vii The total primary energy supply in 2007 was 5.63 Mtoe (million tons of
More informationENERGY POLICIES OF IEA COUNTRIES EXECUTIVE SUMMARY. Finland 2018 Review. Secure Sustainable Together
ENERGY POLICIES OF IEA COUNTRIES EXECUTIVE SUMMARY Finland 2018 Review Secure Sustainable Together ENERGY POLICIES OF IEA COUNTRIES EXECUTIVE SUMMARY Finland 2018 Review INTERNATIONAL ENERGY AGENCY The
More informationCOMPARISON OF LNG TERMINALS IN PALDISKI, MUUGA AND INKOO COMPILED REPORT
Intended for Balti Gaas Document type Compiled Report Date March 2010 COMPARISON OF LNG TERMINALS IN PALDISKI, MUUGA AND INKOO COMPILED REPORT Revision C Date 2010/03/25 Made by CSJ, SFK Checked by SFK
More informationLNG infrastructure in the Baltic Ports
LNG infrastructure in the Baltic Ports Bogdan Ołdakowski, Secretary General, Baltic Ports Organization International LNG Congress 14-15 March 2016, London Plan of the presentation Introduction to BPO LNG
More informationEnergy situation in Estonia, current and future developments. Ando Leppiman Deputy Secretary General Ministry of Economic Affairs and Communications
Energy situation in Estonia, current and future developments Ando Leppiman Deputy Secretary General Ministry of Economic Affairs and Communications Energy consumption pattern in Estonia TJ x 10000 50 45
More informationImagine a world where the amount of waste being generated is halted. A city transforms its waste into energy for the benefit of its residents.
A CLEANER TOMORROW Energy company Gasum is an expert in the Nordic gas industry, and together with its partners promotes the development of a carbon-neutral future. 1 Imagine a world where the amount of
More informationLATVIA S READINESS TO WITHSTAND ENERGY PRESSURE: SWOT ANALYSIS
LATVIA S READINESS TO WITHSTAND ENERGY PRESSURE: SWOT ANALYSIS LITHUANIA ENERGY CONFERENCE INDEPENDENT ENERGY STRONG ECONOMY VILNIUS, 8 OCTOBER 2014 Reinis Āboltiņš Centre for Public Policy PROVIDUS Reinis.Aboltins@providus.lv,
More information1. Principles for transmission capacity management in common Baltic gas market
Assessment of the responses received for Baltic Transmission System Operators Public Consultation on Principles for transmission capacity management in common Baltic gas market, Analysis on Alternatives
More informationHallitusammattilaiset ry Energia-ala ja liiketoimintaympäristön ennakointi Mika Anttonen Chairman of the board
Hallitusammattilaiset ry Energia-ala ja liiketoimintaympäristön ennakointi 25.03.2014 Mika Anttonen Chairman of the board Global Energy Challenge Global economics and energy - 2030 Source: BP 2012, Energy
More informationImagine a world where the amount of waste being generated is halted. A city transforms its waste into energy for the benefit of its residents.
A CLEANER TOMORROW Energy company Gasum is an expert in the Nordic gas industry, and together with its partners promotes the development of a carbon-neutral future. 1 Imagine a world where the amount of
More informationAnnual Report to the European Commission. Finland. Summary
1097/69/2005 29.7.2005 Annual Report to the European Commission Finland Summary Annual Report 2005 Energy Market Authority, Finland 1 Summary 1.1 The Regulatory Authority 1.1.1 Organization and legal basis
More informationArctic Business Forum 2015 Stainless Steel from North
Arctic Business Forum 015 Stainless Steel from North Martti Sassi SVP Production in Tornio Business Line Outokumpu 1.0.015 Continued growth for stainless steel globally Outokumpu market share 014: EMEA
More informationw w w. c o n t a i n e r s h i p s g r o u p. c o m CONTAINERSHIPS Alternative (Bio) Fuel
w w w. c o n t a i n e r s h i p s g r o u p. c o m CONTAINERSHIPS Alternative (Bio) Fuel 08-06-2018 COMPANY UPDATE Finnish Family Owned w w w. c o n t a i n e r s h i p s g r o u p. c o m Current vessel
More informationFinland s New Energy and Climate Strategy
Finland s New Energy and Climate Strategy Riku HUTTUNEN, Director General Arctic Energy Summit Helsinki, 18 September 2017 Themes The National Energy and Climate Strategy for 2030 Situation today in Finland:
More informationESTONIAN NATIONAL ENERGY STRATEGY
Oil Shale, 2007, Vol. 24, No. 2 Special ISSN 0208-189X pp. 332 336 2007 Estonian Academy Publishers ESTONIAN NATIONAL ENERGY STRATEGY A. HAMBURG JSC Eesti Gaas 9 Liivalaia Str., 10118 Tallinn, Estonia
More informationLong Term Resilience Study
Long Term Resilience Study 2018 Long Term Resilience Study 2018 Table of Contents 1. Executive Summary 2 2 The Current Position 6 3 A Changing Landscape 8 3.1 Policy 8 3.2 Infrastructure 9 3.3 Economy
More informationThe Baltic Sea Region: Cross Border Cooperation and Regional Markets with emphasis on Natural Gas Sector
The Baltic Sea Region: Cross Border Cooperation and Regional Markets with emphasis on Natural Gas Sector Ms Inga Žilienė, Chair, NCC ERRA Chairmen meeting 19/10/2016, Bratislava, Slovakia www. erranet.org
More informationCapturing growth through global systems integration
Energy Solutions: Capturing growth through global systems integration Javier Cavada, President, Energy Solutions, Executive Vice President 1 Wärtsilä 29 September 2016 Javier Cavada Renewables rapidly
More informationRenewable Energy in The Netherlands August 2017
Renewable Energy in The Netherlands August 2017 Dr. Martien Visser Professor Energy Transition & Network Integration Hanze University of Applied Sciences Groningen Partner of the Energy Academy Europe
More informationLNG contribution to regional gas market
contribution to regional gas market Mantas Bartuška, General Manager AB Klaipedos Nafta October 18th, 2016 1 Photo A. Kubaitis AB Klaipedos nafta an oil product and terminal operator Traditional business
More informationRECOMMENDED KEY GUIDELINES OF THE NATIONAL ENERGY STRATEGY OF LITHUANIA CHAPTER I GENERAL PROVISIONS
APPROVED by the order of the Minister of Energy of the Republic of Lithuania of 24 November 2016 No. 1-314 RECOMMENDED KEY GUIDELINES OF THE NATIONAL ENERGY STRATEGY OF LITHUANIA CHAPTER I GENERAL PROVISIONS
More informationRenewable Energy in The Netherlands September 2017
Renewable Energy in The Netherlands September 2017 Dr. Martien Visser Professor Energy Transition & Network Integration Hanze University of Applied Sciences Groningen Partner of the Energy Academy Europe
More informationRenewable Energy in The Netherlands September 2018
Renewable Energy in The Netherlands September 2018 Dr. Martien Visser Professor Energy Transition & Network Integration Hanze University of Applied Sciences Groningen Partner of the Energy Academy Europe
More informationDEVELOPING THE LNG INFRASTRUCTURE IN KLAIPEDA
DEVELOPING THE LNG INFRASTRUCTURE IN KLAIPEDA 2018 09 11 KN AN OIL PRODUCT AND LNG TERMINAL OPERATOR Traditional business Focus for strategic expansion development, construction and operations of LNG terminals
More informationThe Role of Greece in Enhancing European Energy Security
The Role of Greece in Enhancing European Energy Security Security and Crisis Management International Conference Athena 18 Athens, November 13, 2018 A Presentation by Mr. Costis Stambolis Executive Director,
More informationFINLAND S NEW COST EFFECTIVE PREMIUM SCHEME FOR RENEWABLE ENERGY
FINLAND S NEW COST EFFECTIVE PREMIUM SCHEME FOR RENEWABLE ENERGY VAASA WIND EXCHANGE & SOLAR 20.3.2018 Counsellor Anja Liukko Programme of Prime Minister Sipilä's Government The use of emission-free, renewable
More informationAB AMBER GRID CORPORATE STRATEGY AB AMBER GRID CORPORATE STRATEGY A CONDENSED VERSION
AB AMBER GRID CORPORATE STRATEGY 2015-2020 AB AMBER GRID CORPORATE STRATEGY 2015-2020 A CONDENSED VERSION 1 AB AMBER GRID CORPORATE STRATEGY 2015-2020 A condensed version Vilnius 2015 CONTENT STATEMENT
More informationBaltic Energy for Poland questions for a good start
5 questions for a good start Warsaw, 28 February 218 1 5 questions for a good start 1. Are new generation capacities needed in Poland? 2. What kind of energy sources Poland needs? 3. What kind of energy
More informationEnergy market development in Latvia and the Baltic States
Energy market development in Latvia and the Baltic States JURIS SAVICKIS Vice-chairman of the Council of JSC «Latvijas Gaze» and JSC «Conexus Baltic Grid» Meeting of the Diplomatic Economic Club, Riga,
More informationRenewable Energy in The Netherlands July 2017
Renewable Energy in The Netherlands July 2017 Dr. Martien Visser Professor Energy Transition & Network Integration Hanze University of Applied Sciences Groningen Partner of the Energy Academy Europe E-mail:
More informationRenewable Energy in The Netherlands May 2017
Renewable Energy in The Netherlands May 2017 Dr. Martien Visser Professor Energy Transition & Network Integration Hanze University of Applied Sciences Groningen Partner of the Energy Academy Europe E-mail:
More informationChanging the game in the new era
Changing the game in the new era Dr. Stelios Bikos Head Commercial Division DEPA S.A. IENE 21 st National Energy Conference, Athens, 25 October 2016 Company profile DEPA with its long presence in the Greek
More informationLNG fuel distribution strategy for the BSR v5
LNG fuel distribution strategy for the BSR v5 Introduction The land-based and the maritime LNG market will be closely connected in the future. With stricter emission restrictions, more ships will be built
More informationRenewable Energy in The Netherlands June 2017
Renewable Energy in The Netherlands June 2017 Dr. Martien Visser Professor Energy Transition & Network Integration Hanze University of Applied Sciences Groningen Partner of the Energy Academy Europe E-mail:
More informationSECURE ASSESSMENT OF POTENTIAL THREATS FOR EU GAS SECURITY NATURAL GAS REGIONAL STAKEHOLDER MEETING, MOSCOW
SECURE ASSESSMENT OF POTENTIAL THREATS FOR EU GAS SECURITY NATURAL GAS REGIONAL STAKEHOLDER MEETING, MOSCOW SECURE Competition has been shown to be useful up to a certain point and no further, but cooperation,
More informationIs the offshore wind power in Finland?
Is the offshore wind power in Finland? A N N I M I K K O N E N A N N I. M I K K O N E N @ F W P A. F I + 3 5 8 4 0 7 7 1 6 1 1 4 8. 2. 2 0 1 7 Content 1. Current status of wind power in Finland 2. Current
More informationBaltic Energy Security and Independence NATO Advanced Research Workshop Developing Common Investments for Energy and Energy Security
Baltic Energy Security and Independence NATO Advanced Research Workshop Developing Common Investments for Energy and Energy Security Vilnius, 21-23 June, 2004 Baltic Energy Cooperation for Security of
More informationRenewable Energy in Sweden an Overview
Renewable Energy in Sweden an Overview Lars Guldbrand Director of R&D Strategy Swedish Energy Agency RENEWABLE ENERGY CONFERENCE: DEVELOPMENT AND SUSTAINABILITY Vilnius 10 June 2008 1 Characteristics Cold
More informationLNG: a game changer for the EU s transport and power sector
LNG: a game changer for the EU s transport and power sector European Energy Forum - Dinner debate Brussels 24 th May 2016 Kari Hietanen Timo Koponen 1 Wärtsilä PUBLIC EEF Dinner Debate May 24 2016 TOWARDS
More informationNuclear Power Investment
Joint IEA/NEA Workshop on Power Generation Investment in Liberalised Electricity Market Paris, March 25.- 26.3.2003 Nuclear Power Investment Mr. Juhani Santaholma President Finnish Energy Industries Federation
More informationSUMMARY INČUKALNS GAS STORAGE STUDY OF INCREASED FLEXIBILITY AND USE AS STRATEGIC GAS STORAGE. JSC "Conexus Baltic Grid" Summary.
Intended for JSC "Conexus Baltic Grid" Document type Summary Date November 2017 INČUKALNS GAS STORAGE STUDY OF INCREASED FLEXIBILITY AND USE AS STRATEGIC GAS STORAGE SUMMARY STUDY OF INCREASED FLEXIBILITY
More informationLogistics needs and challenges of Finnish forest industry. Outi Nietola, Finnish Forest Industry
Logistics needs and challenges of Finnish forest industry Outi Nietola, Finnish Forest Industry 2 Forest industry in Finland today Forest industry in Finland has some 56 000 employees in over 50 locations
More informationTHE BALTICS THE FIRST REGION IN THE EU TO BECOME 100% RES
THE BALTICS THE FIRST REGION IN THE EU TO BECOME 100% RES Christian Breyer, Michael Child and Dmitrii Bogdanov Lappeenranta University of Technology (LUT), Finland 17 th Inter-Parliamentary Meeting on
More informationAB AMBER GRID CORPORATE STRATEGY
AB AMBER GRID CORPORATE STRATEGY 2017-2022 A CONDENSED VERSION CONTENT SUMMARY 3 1. DESCRIPTION OF ACTIVITIES 4 1.1. Company Activities 4 1.2. The Company s Shareholder Structure 5 1.3. The Company s Services
More informationIncreasing nuclear power at liberalised energy markets- case Finland
EPJ Web of Conferences 33, 03007 (2012) DOI: 10.1051/ epjconf/ 20123303007 C Owned by the authors, published by EDP Sciences, 2012 Increasing nuclear power at liberalised energy markets- case Finland S.
More informationCouncil of the European Union Brussels, 16 February 2016 (OR. en) Mr Jeppe TRANHOLM-MIKKELSEN, Secretary-General of the Council of the European Union
Council of the European Union Brussels, 16 February 2016 (OR. en) 6223/16 ADD 1 ENER 27 COVER NOTE From: date of receipt: 16 February 2016 To: No. Cion doc.: Subject: Secretary-General of the European
More informationBIOENERGY MARKETS. Suomen Energiaekonomistit ry:n kevätkokous Perttu Lahtinen Pöyry Management Consulting Oy
BIOENERGY MARKETS Suomen Energiaekonomistit ry:n kevätkokous 13.4.2011 Perttu Lahtinen Pöyry Management Consulting Oy SIGNIFICANT ACTIONS ARE NEEDED TO REACH THE FINNISH RENEWABLE ENERGY TARGET OF 38 %
More informationIEA In-depth review of Greece
IEA In-depth review of Greece Dr. Fatih Birol Executive Director, International Energy Agency IEA Athens, 2 November 2017 The global energy context today Global energy markets are changing rapidly Solar
More informationTHE BALTIC PIPE PROJECT OPEN SEASON COPENHAGEN, WARSAW NOVEMBER/DECEMBER 2016 MODEL PAPER
THE BALTIC PIPE PROJECT COPENHAGEN, WARSAW NOVEMBER/DECEMBER 2016 OPEN SEASON 2017 MODEL PAPER CONTENTS Invitation to the Open Season process of the Baltic Pipe Project...4 Introduction of the Baltic Pipe
More informationEnergy Policy Trends in Latvia
Energy Policy Trends in Latvia Jurijs Spiridonovs, Acting State Secretary of the Ministry of Economics 2015 April 9, Riga Energy Union with a Forward- Looking climate change policy Goal: To give consumers
More informationEuropean Economic and Social Committee OPINION
European Economic and Social Committee TEN/589 An EU strategy for liquefied natural gas and gas storage OPINION of the European Economic and Social Committee on the Communication from the Commission to
More informationLicensing process for Hanhikivi 1 project Julia Virtanen Technical Coordinator of Licensing Unit
Licensing process for Hanhikivi 1 project 26.10.2016 Julia Virtanen Technical Coordinator of Licensing Unit FENNOVOIMA 2016 1 Fennovoima in brief Project company and future plant operator, founded in 2007
More informationINTEGRATED LNG VALUE CHAIN FOR THE BALTIC SEA REGION
INTEGRATED LNG VALUE CHAIN FOR THE BALTIC SEA REGION WP3 Task 2: Integrated LNG Business Models BUSINESS MODELLING AND VALUE PROPOSITION TEMPLATES FOR DELIVERING PARTNERS Working Document Project: Responsible:
More informationThe Baltic Pipe Project
The Baltic Pipe Project Open Season Process Julie Frost Szpilman Klassificering: 1 Agenda Presentation of the Baltic Pipe Project Presentation of the planned Open Season Process Latest news of Tyra 2 The
More informationFull transition into renewable energy in Estonia by 2050 First step: balanced wise energy program
Full transition into renewable energy in Estonia by 2050 First step: balanced wise energy program Ernst&Young 14th Baltic Utilities Seminar 13 May 2011, Tallinn Agenda Estonian electricity market: aging
More informationEUROPEAN NATURAL GAS PIPELINE PROJECTS AS GUARANTEE OF ENERGY SECURITY
Economic Commission for Europe Committee on Sustainable Energy Energy Security and Gas Infrastructure EUROPEAN NATURAL GAS PIPELINE PROJECTS AS GUARANTEE OF ENERGY SECURITY DEPUTY HEAD OF STRATEGIC DEVELOPMENT
More informationAnnual statement of transmission system operator for the year 2015
Annual statement of transmission system operator for the year 2015 2016 Table of Contents 1. Electricity and power demand in the country last year... 3 1.1. Electricity consumption (including losses) by
More informationGASUM IS ACTIVELY DEVELOPING THE NORDIC GAS ECOSYSTEM
Markus Olsson Gasum Markus Olsson Gasum GASUM IS ACTIVELY DEVELOPING THE NORDIC GAS ECOSYSTEM Tornio Oulu LNG production plant LNG terminal Kuopio LNG terminal (joint project) Gasum, biogas Gasum, biowaste
More informationInvest in Arctio an industrial cluster that produces 8% of the value of Finnish export
In 2018, the largest LNG import terminal in Scandinavia will open at the Port of Röyttä in Tornio. We are now marketing a new industrial park in the immediate vicinity of the Port. Build your success in
More information1. EXECUTIVE SUMMARY AND KEY RECOMMENDATIONS... 9 PART I POLICY ANALYSIS GENERAL ENERGY POLICY ENERGY EFFICIENCY...
TABLE OF CONTENTS 1. EXECUTIVE SUMMARY AND KEY RECOMMENDATIONS... 9 Executive summary... 9 Key recommendations... 14 PART I POLICY ANALYSIS...15 2. GENERAL ENERGY POLICY... 17 Country overview... 17 Energy
More informationLithuanian Sustainable Energy Vision 2050
Annexes Annex 1. Lithuanian Sustainable Energy Vision 2050 The Lithuanian Vision2050 is similar to the vision for EU; but developed to fit the visions of the Lithuianian INFORSE member Atgaja. The proposed
More informationDeveloping the Go LNG Blue Corridor Strategy. Josefin Madjidian/Dimitrios Dalaklis Research Associate/Associate Professor
Developing the Go LNG Blue Corridor Strategy Josefin Madjidian/Dimitrios Dalaklis Research Associate/Associate Professor Outline Background to the Go LNG project and strategy Summary: why LNG for the Baltic
More informationThe prospects for LNG in the Danube Region
The prospects for LNG in the Danube Region Dr. Péter Kaderják, Director Danube Region Stakeholder Seminar Brussels, May 26, 2016 Expected outcomes (Ulm, October, 2015) Conclusions to contribution to the
More informationEUROPEAN ENERGY FORUM 2013
EUROPEAN ENERGY FORUM 2013 28 th May 2013 1 Wärtsilä Our business areas POWER PLANTS SHIP POWER SERVICES 2 Wärtsilä This is what we bring to the market EFFICIENCY ENVIRONMENTAL SOLUTIONS FUEL FLEXIBILITY
More informationNatural gas: the fuel of the future Gas and coal: friends or enemies?
Natural gas: the fuel of the future Gas and coal: friends or enemies? 24 April 2013, European Parliament AGENDA 1 Analysis of the UE energy mix 2 Role of natural gas in the UE energy mix Benefits of natural
More informationLNG TERMINAL IN ŚWINOUJŚCIE AS A LNG GATE TO THE BALTIC SEA
LNG TERMINAL IN ŚWINOUJŚCIE AS A LNG GATE TO THE BALTIC SEA Dariusz Kryczka LNG Development Unit, Development Division GAZ-SYSTEM S.A. Gdańsk, 7th March 2018 GAZ-SYSTEM INTRODUCTORY INFORMATION Certified
More informationCouncil conclusions on Energy 2020: A Strategy for competitive, sustainable and secure energy
COUNCIL OF THE EUROPEAN UNION Council conclusions on Energy 2020: A Strategy for competitive, sustainable and secure energy 3072th TRANSPORT, TELECOMMUNICATIONS and ERGY Council meeting Brussels, 28 February
More informationGas Infrastructure Development in CEE: building basis for a major shift in energy-mix
Gas Infrastructure Development in CEE: building basis for a major shift in energy-mix Brussels, 23 rd of April 2012 Jan CHADAM, President of the Management Board GAZ-SYSTEM S.A. GAZ-SYSTEM Facts&Figures
More informationRenewable Energy in The Netherlands January 2018
Renewable Energy in The Netherlands January 2018 Dr. Martien Visser Professor Energy Transition & Network Integration Hanze University of Applied Sciences Groningen Partner of the Energy Academy Europe
More informationOLT Offshore LNG Toscana Alessandro Fino CEO
Small Scale to large Market Strategies & Technologies towards the Mediterranean Area "La logistica primaria per la distribuzione del GNL" OLT Offshore LNG Toscana Alessandro Fino CEO 1 OLT Shareholders
More informationTransparency Workshop Brussels, 14 September 2010
Hellenic Natural Gas Transmission System Operator Transparency Workshop Brussels, 14 September 2010 Hellenic Gas Transmission System Operator (DESFA) SA DESFA was established in March 2007 after the completion
More informationGREEN INFRAPORT PROJECT AREAS OF INTEREST
BPO Conference, Helsinki, Finland 8 September 2016 Scandic Marina Congress Center, Katajanokanlaituri 6 GREEN INFRAPORT PROJECT AREAS OF INTEREST Marcin Wlodarski, Project Manager Baltic Ports Organization
More informationFurther electricity interconnection is needed to exploit the high generation capacity.
Romania Key Issues Correct and complete transposition of the Third Energy Package and its practical application needs to continue. Romania should complete the corporate governance reform of state-owned
More informationGAZ-SYSTEM Regional Cooperation:
GAZ-SYSTEM Regional Cooperation: - BEMIP - North-South Gas Interconnections in CEE ENTSOG TYNDP Workshop Brussels, 17 th March 2011 Characteristics of gas transmission system in Poland Transmission system
More informationHow to integrate up to 60% renewables to the EU power system
How to integrate up to 60% renewables to the EU power system ENTSO-E s outline on why transmission infrastructure is key in reaching in a secure and affordable way the EU s 2030 climate and energy objectives
More informationExamining the regional flexibility of Europe s gas storage market
Examining the regional flexibility of Europe s gas storage market Dr Axel Wietfeld CEO and Chairman of E.ON Földgáz Storage 6th Annual European Gas Supply and Infrastructure, 2012 Agenda Added value of
More informationFinancing sustainable transport infrastructure
Financing sustainable transport infrastructure Alternative Maritime Fuel Solutions For The Baltic Sea Mainstreaming Helsinki, 12 April 2013 Stefan Fridriksson, Senior Manager, Lending Infrastructure Transport
More informationRenewable Energy in The Netherlands March 2018
Renewable Energy in The Netherlands March 2018 Dr. Martien Visser Professor Energy Transition & Network Integration Hanze University of Applied Sciences Groningen Partner of the Energy Academy Europe E-mail:
More informationTadas Matulionis LNG Terminal Director April 26th, 2017 THE TRANSFORMATIVE POWER OF LIQUID GAS
Tadas Matulionis LNG Terminal Director April 26th, 2017 THE TRANSFORMATIVE POWER OF LIQUID GAS KN AN OIL PRODUCT AND LNG TERMINAL OPERATOR Traditional business Focus on strategic expansion development,
More informationPotential for Blue Economy in the Baltic Sea Region. Tuomas Pohjola Project researcher University of Turku, School of Economics Pori Unit
Potential for Blue Economy in the Baltic Sea Region Tuomas Pohjola Project researcher University of Turku, School of Economics Pori Unit Blue economy Aims and objectives related to the resources and activities
More informationWinter Review. Cold Snap Feb Carmen Rodríguez Adviser
Winter Review Cold Snap Feb 2012 Carmen Rodríguez Adviser Brussels 15 November 2012 Why a review? Introduction > The seasonal Reviews aim a deeper comprehension of the development of the demand and supply
More informationClimate goals. Renewable energy and energy independence in Lithuania. Martynas Nagevičius. President of Lithuanian renewable energy confederation
Climate goals Renewable energy and energy independence in Lithuania Martynas Nagevičius President of Lithuanian renewable energy confederation martynas@nagevicius.lt +370 650 37654 2011.03.03 Content LITHUANIA
More informationT H E M O S T E A S T E R N P O R T O F T H E E U R O P E A N U N I O N
T H E M O S T E A S T E R N P O R T O F T H E E U R O P E A N U N I O N Global: 175 km to St. Petersburg, Russia 875 km to Moscow, Russia 1230 km to Kiev, Ukraine 100 km to Kotka/ Hamina, Finland 185 km
More informationLATVIA COUNTRY PROFILE 35
LATVIA COUNTRY PROFILE 35 Overview Latvia has a GDP of USD 33.783 million xii and a population of approximately 2.23 million. xiii The total primary energy supply in 2007 was 4.67 Mtoe (million tons of
More informationGREEN INFRAPORT PROJECT
BPO Conference, Helsinki, Finland 8 September 2016 Scandic Marina Congress Center, Katajanokanlaituri 6 GREEN INFRAPORT PROJECT Emil Arolski, Project Manager Baltic Ports Organization GREEN INFRAPORT PROJECT
More information3 rd ACER Gas Target Model Workshop. 3 rd ACER TITRE GTM workshop, Brussels, 15 May 2014
3 rd ACER Gas Target Model Workshop 3 rd ACER TITRE GTM workshop, Brussels, 15 May 2014 1 3. Functioning wholesale gas markets Objective and criteria Walter Boltz ACER BoR Vice-Chair and ACER Gas Working
More information