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GSE Investment Workshop “ Overview on storage investments ” Brussels, 24 May 2007. Agenda. Storage projects data GSE survey Next steps. Storage projects data. Collection of GSE and non-GSE public information on storage projects around Europe
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GSE Investment Workshop“Overview on storage investments”Brussels, 24 May 2007 GSE - Gas Storage Europe
Agenda • Storage projects data • GSE survey • Next steps GSE - Gas Storage Europe
Storage projects data • Collection of GSE and non-GSE public information on storage projects around Europe • Distinction by country, type of facility, stage of project, estimated quantity and timing of available capacity GSE - Gas Storage Europe
Storage projects data • Main findings: • more than 30 bcm additional working gas capacity before 2015 • more than +40% with respect to present capacity • more than 9 bn€ capex (about 40% for cushion gas) GSE - Gas Storage Europe
Storage projects data • Main findings: • type of access: • 65% as non regulated (nTPA + “exemption”) • 35% regulated • more than 70% of new capacity deriving from new storage facilities • more than 60% of new capacity in countries where 80% of European gas demand GSE - Gas Storage Europe
Storage projects data • Main findings: • Three digits percentage increases in: • Spain: substantial increase in gas demand and total dependency on imports • UK: shift in supply patterns, trading opportunities • Bulgaria: increasing role for Russian transit gas • Austria: commercial developments for bordering countries (e.g. Germany) GSE - Gas Storage Europe
GSE survey • Highlights on investment climate: GSE - Gas Storage Europe
Next steps • GSE commitments: • continue working with all stakeholders to fostering a “proper” investment climate for making all projects real and available for market needs on time • publish on GIE web site a European storage investment database to provide a synthetic and updated status on projects (based on public information) GSE - Gas Storage Europe