Workshop Slovenian Gas Market in the Region. Ljubljana, 4 th april 2018

Transcription

1 Workshop Slovenian Gas Market in the Region Ljubljana, 4 th april 2018

2 Agenda 1. Snam at a glance 2. Italian natural gas transportation infrastructure 3. Network capacities 4. Natural gas transportation 5. Natural gas storage 6. Regasification

3 Agenda 1. Snam at a glance

4 Snam at a glance An integrated operator with a leadership position in all regulated gas businesses Snam S.p.A. Domestic Production Stoccaggio Transmission Network Trasporto e dispacciamento Industrial & Power generation Export Import LNG Regasification Rigassificazione Storage Residential Supply Infrastructure Sales 4

5 Snam at a glance Snam international development 100 % in IUK owned through a JV with Fluxys 235 km subsea natural gas pipelines between Bacton (UK) and Zeebrugge (Belgium), 40 inches diameter 1 receiving terminal and compression station in Bacton 1 receiving terminal and 4 compressors in Zeebrugge 19.6% participation in GCA 900 km transmission network 5 compression stations 84.47% participation in TAG 1,140 km transmission network 5 compression stations 20.0% participation in TAP 40.5% participation in TIGF 880 km transmission network 5,000 km transmission network, 14% of France gas transmission grid Total storage capacity of around 5.7 bcm, ca. 20% of French capacity 15.5% participation in Prisma Domestic pipelines LNG Terminals International assets 5

6 Agenda 2. Italian natural gas Infrastructures

7 Italian natural gas transportation infrastructure The gas transmission & storage infrastructures GAS IMPORT 5 cross border entry point DOMESTIC PRODUCTION 61 entry points to NTS BIOMETHANE PRODUCTION 1 entry points to NTS NETWORK LENGTH km COMPRESSOR STATIONS 11 stations 922 MW STORAGE 12 fields LNG STORAGE AND REGASIFICATION 3 Plants 7

8 Agenda 3. Network capacities

9 Network capacities TY 2017/2018 capacities Firm and winter interruptible capacity [MScm/d] Entry capacity Exit Capacity TARVISIO IP NORTH IP SOUTH LNG TERMINALS PASSO GRIES 64,4 5 GORIZIA 4,8 4,4 MAZARA DEL VALLO GELA - PANIGAGLIA 13 - CAVARZERE 26,4 - LIVORNO 15-9

10 Network capacities Reverse flow project Firm and winter interruptible capacity [MScm/d] IP NORTH Entry capacity TARVISIO 113 PASSO GRIES 64,4 Exit Capacity 40 IP SOUTH GORIZIA 4,8 4,4 MAZARA DEL VALLO GELA - PANIGAGLIA 13 - LNG TERMINALS CAVARZERE 26,4 - LIVORNO 15 - Transportation capacity: Capacity at the Exit Point of Passo Gries: 40 MSm3/d from 1 October 2018 (22 MSm3/d at Passo Gries and 18 MSm3/d as competing capacity at Passo Gries and Tarvisio) Project DN km/mw Status Minerbio-Poggio Renatico pipeline km In operation Development Poggio Renatico compressor station 22 MW In operation Cervignano-Mortara pipeline km Under construction New Sergnano compressor station 36 MW Under construction New Minerbio compressor station 24 MW Under construction 10

11 Network capacities TAP Project Firm and winter interruptible capacity [MScm/d] IP NORTH Entry capacity TARVISIO 113 PASSO GRIES 64,4 Exit Capacity 40 GORIZIA 4,8 4,4 IP SOUTH MAZARA DEL VALLO 108 GELA - - MELENDUGNO (TAP) 25 - LNG TERMINALS PANIGAGLIA 13 - CAVARZERE 26,4 - LIVORNO 15-11

12 Agenda 4. Natural gas transportation

13 Billion Smc Natural gas transportation Long term Italian gas demand Domestic Power generation Industrial % 32% 20% % 33% 23% % 35% 20% Gas demand increased in the last three years Among European countries, Italy is the one with the highest reliance on gas, which accounts for 35% primary energy consumption: national energy system is mainly based on gas and renewables, with oil still essential for transport Gas assumes a key role in the energy transition, especially in the coal phase out Italy is the third European market for gas consumption ( 72 bcm in 2017) ,1% +5,0% +2,2% Industrial Civil Power Generation SOURCE: ten-years network development plan of Snam (high case scenario) 13

14 Million smc Natural gas transportation Booked capacity at importation points Multi - Annual Capacity 2016/ / / / / / / /2024 Tarvisio 95,8 94,9 69,7 10,6 10, Passo Gries 23,1 14,6 7,3 1,0 1, Gorizia - 0, Mazara 83,8 88,9 66, Gela 23,2 18,5 10,9 10,9 10,9 10,9 10,9 10,9 The above values are the average of the capacity booked for the whole year The values for Thermal Year 2017/2018 are the average of the capacity booked until the 16/03/2018 Gorizia point is booked on a daily basis in case of particular market conditions 14

15 Natural gas transportation Italian gas market evolution From few Shippers with long-term contracts to more than one hundred Shippers making many gas exchanges and capacity transactions Look at the European gas market characterized by liquidity, flexibility and security of supply 250 Number of Shippers & Traders Shipper Shipper+Trader 15

16 Natural gas transportation Italian balancing system Starting October 2016, the balancing regime foreseen into Network Balancing Code (Regulation UE n. 312/2014) has been implemented in the Italian gas market. Shippers are responsible for their own balance position during the gas day through: 35 renomination cycles starting from of gas day D-1 until 3.00 of gas day D at import, storage and redelivery point; Gas trade on organized market. Minimization of the actions made by the TSO for balancing the system (Residual role) through: Gas trade on organized market Trading platforms: MGAS Platform (MI MGP MGS) Locational Market Virtual Trading Point (PSV) Creation of Organized market, managed by trading platforms, in which the Market Operator (GME) is the counterparty Introduction of dual price for Shippers who have not balanced their positions at the end of the Gas Day: Selling price for Users that inject more gas than the gas withdrawal (long position) Purchase price for Users that withdraw more gas than the gas injected (short position) 16

17 Natural gas transportation Italian balancing system SRG vs GME SNAM RETE GAS Acts as a Balancing Responsible Acts as a Balancing Operator for the Network to be balanced Determines authorised Users that can have access to GME Platforms on the basis of: EPSU < MEPSU Guaranteed gas < gas in storage Provides Shippers the information that enables them to estimate their own balance position and how eventually fix any imbalance. GESTORE MERCATI ENERGETICI MGAS EXCHANGE Trend publication of the marginal puchase and sell price after any trade Allows only authorised Users to post trades on the platform Operates a forward physical market (MTE), a day-ahead auction market (MGP), an intraday auction market (MI) 17

18 Natural gas transportation European hub pricing PSV TTF NBP CEGH NCG 18

19 Agenda 5. Natural gas storage

20 MScm/d Natural gas storage Underground storage Working gas - Thermal Year 2017/18 Strategic Storage: MScm Modulation Service: MScm 20

21 Natural gas storage Stogit services Services Contract duration Type of User Allocation methodology Strategic Storage Annual / Infra annual Importer/Producer No allocation / Payment of a fee applied to the gas imported/produced Peak services Peak modulation Seasonal / Monthly Annual / Infra annual All Auction (marginal price or pay as bid) Transport network balancing Annual Network operators Equal to the request Flat services Hydrocarbon Annual Production concession holder Equal to the request Flat modulation Seasonal / Monthly Multi year / Annual / Infra annual All Auction (pay as bid) Regasification balancing Annual All Pro-rata (regasification capacity) Short Term Capacity Monthly/Weekly/Daily All Auction 21

22 Natural gas storage Client Mix TY

23 Agenda 6. Regasification

24 Regasification LNG Regasification Adriatic LNG Gravity Based Owner: Exxon, Qatar and Snam Entry into operation: 2009 Tanks capacities: m 3 liq. Carrier: up to m 3 li. Regasification capacity annual: 8 billion m 3 Partially regulated terminal (20%) e 80% in TPA exemption OLT FSRU Owner: Iren and Uniper Entry into operation: 2013 Tanks capacities: m 3 liq Carrier: up to m 3 liq Regasification capacity annual: 4 billion m 3 Regulated terminal GNL Italia - On-Shore Owner: Snam Entry into operation: 1972 Tanks capacities: m 3 li Carrier: up to m 3 liq Regasification capacity annual: 4 billion m 3 Regulated terminal 24

25 Regasification The regasification in Italy ENTRY NOMINATION=ALLOCATION (Del. 312/2016) 25

26 MWh/d MWh/d Regasification The regasification in Italy LNG imported in Adriatic LNG OLT GNL Italia LNG imported in Adriatic LNG OLT GNL Italia

27 Contacts Montanari Claudio National Network Programming Tel: Mail: Mora Alessandro Access Contracts Tel: Mail: 27