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Conclusions Stockholm workshop 24.09.2009. GRI NW Investment I1- Virtual Test/Business Simulation (“recorded and agreed at the workshop”). Contents. Conclusion - Main direction of policy advise (Other) remarks and decisions Core and reference group reform Planning.
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ConclusionsStockholm workshop24.09.2009 GRI NW Investment I1- Virtual Test/Business Simulation (“recorded and agreed at the workshop”)
Contents • Conclusion - Main direction of policy advise • (Other) remarks and decisions • Core and reference group reform • Planning
Main direction - conclusion • Projects differ (large projects require a very secure process, eg nord stream related flows in EU), • Large investment will happen because of ’nimby’ only once in 5 to 15 years. • This VT hellps even more with incremental investments; adress quick and long term wins • Clarity on tariff derivation • Periodical, centralized´, competitive bidding processes for regional demand • Insight in aggregated shipper demand (as part of investment trigger) • Improve risk sharing mechanisms at regional level via 3-fold approach: • Financial solutions (like eg described in Journal of findings) • Commitment • Shippers • Neighbouring tso’s and regulators and governments • In some rare cases, EU fund support • Qualitative arguments to support investment (studies) • SOS (security of supply) • Competition • View on readyness to take risk (market growth, flow views)
Remarks and decisions • No round 3, unless policy advise requires it • 16 october decision by core group, based on core and reference group remarks • describe in JOF the caveats of round 2 • investment triggers will not become more transparent as they are • Significant lessons emerged, JOF and Manual are at large supported • Subject to discussed in workshop • National systems, need to especially improve nra-cooperation in the area of agreeing on common investment trigger in relation to integrated open seasons • Fuel price volatility - a point of attention (at high loadfactor of regional transit lines it can be up to 30% of transport price)
Core group formed, reference group same Core group • Old group minus Ariane Kruijtzer (EK/NMa), Martijn van Gemert (EnergieNed/Nuon). • New members: EGT, WGT, GUD, BNetzA. Reference group • No changes.
Planning • 29 September RCC/IG updates • Friday 2 october telco • 16 october model final and frozen • By 16 october first draft policy paper discussed and decided if round 3 to take place • Last week October round 3, if any • 12 november PB update presentation • November: finalize policy advise • 26 November policy advise presented to gov, etc • December; advise sent to relevant policy makers, signed by executive representatives of stakeholders (eg PB’members)