Baltic Energy Market and Interconnection Plan

Transcription

1 Baltic Energy Market and Interconnection Plan Working meeting: Implementing EUSBSR March 11th 2010, Riga Monika Zsigri Security of supply and Networks, DG Energy European Commission

2 Baltic Energy Market Interconnection Plan to integrate the energy markets of the Region.In the 2 nd Strategic Energy Review, the Baltic Interconnection Plan is the first of six energy security priorities in infrastructure» Priority it to connect energy islands, the Baltic Region is the most urgent.a High Level Group has been set up in October, 2008» Delivered an action plan by June, 2009 and endorsed by Pdt Barroso and the MS concerned (SE, FI, EE, LV, LT, PL, DE, DK)» NO is an observer.bemip Regional Conference in Vilnius, Nov 25 th 2009» To officially launch BEMIP implementation and involve stakeholders in its implementation 2

3 Baltic Energy Market Interconnection Plan to integrate the energy markets of the Region.In the context of the 20/20/20 objectives.flagship project present under Priority Action 10 in the BSR Strategy.Electricity and gas.integrate I t t the three Baltic states energy markets into wider EU.Develop interconnections and strengthen internal networks to support market integration ti 3

4 Electricity market design and roadmap agreed.electricity market design similar to that of the Nordic countries.roadmap towards an integrated power market with a step-by-step t approach» Step 1: Decision to start Baltic market integration, by summer/autumn 2009» Step 2: What must be completed by Day 1, Q1 2010» Step 3: How to continue the process, » Step 4: Actions to finalize the market,

5 After careful stocktaking and assessment: 3 sets of electricity projects.nordic projects as defined in the Nordic Master Plan.Germany Poland interconnectors» Partly covered by the Eastern Central Forum.Baltic Nordic interconnector projects» All are commercially viable (Estlink2, LitPolLink, NordBalt) Estlink LitPol 2015/20 5

6 Accelerate gas market opening using infrastructure development.identify minimum infrastructure necessary.first priority is to connect Finland and three Baltic states in order to end existing derogations.improve regulatory framework in parallel 6

7 4 main objectives of gas infrastructure development West Baltic Sea area East Baltic Sea area.strengthen the role of Poland as.end energy isolation and an energy bridge between east decrease dependency d for East Baltic Sea states and west BalticConnector (FI-EE),» BalticPipe, LNG terminal Amber PolLit,» DE-PL, LT-PL» one LNG terminal» North-South?.Assess potential of LNG in the.enhance energy security in the region West Baltic Sea states» LNG Taskforce (declining DK gas reserves)» West-Baltic Taskforce 7

8 Gas Gas infrastructure projects in the BSR 8

9 The Baltic Sea Region is well represented in the Recovery Plan.Gas infrastructure Project Countries concerned Amount M Baltic interconnector- Skanled, BalticPipe LNG terminal Port of Świnoujście Infrastructure and equipment to permit reverse flow in the event of short term disruption.electricity infrastructure Poland, Denmark, Sweden 150 Poland 80 Latvia - Lithuania 13 Project Countries concerned Amount M EstLink-2 Estonia, Finland 100 NordBalt Sweden, Latvia, Lithuania 175 Kriegers Flak Denmark, Germany (Sweden) 150 9

10 Aiming at optimal financing for investments into energy infrastructure.newly proposed energy security and infrastructure instrument (Nov 2010)» Underlying principle: generators and network operators should (expect to) recover their investments The customer always pays» Reasons that justify EU financing, e.g. social aspects, financial crisis, climate objectives, cost allocation difficulties, etc.» EU-wide benefit.optimal role and level of different funding instruments:» Tariffs» EU contribution, e.g. Structural funds or infrastructure instrument t Loans from EIB, EBRD, commercial banks» Innovative financing solutions, guarantees, equity funding, interest rate rebates, etc. 10

11 Thank you!