Baltic Energy Market Interconnection Plan GRIP 2017

0.01

0.07

0.61

3.93

15.95

0.01

Belgium Czech Republic

4.81

Denmark Germany Netherlands

%

Norway Russia Qatar

74.58

74.58

Figure 2.5: The sources of natural gas supply in the BEMIP region

There are four gas exchanges operating in the region: Kaasupörssi in Finland, Get Baltic in Lithuania, Polish Power Exchange (also for electricity) and Gaspoint Nordic in Denmark, which is the most liquid in the region. In 2016, the traded volume on Gaspoint Nordic corresponded to 68% of Danish consumption, com- pared to 58% in 2015. In order to deliver the competitive regional gas market, Finland, Estonia, Latvia and Lithuania, have been actively working on a single regional gas market with a single entry-exit zone. The preliminary goal is to have harmonised market rules and unified entry-exit tariffs by 2020, in line with the commissioning dates of the new infrastructure projects GIPL and Balticconnector as well as enhancements to Estonia–Latvia and Latvia–Lithuania and Inčukalns UGS. The regional TSOs, NRAs and related ministries have established working groups to work on the different harmonisation topics of the regional market. .

16 |

BEMIP Gas Regional Investment Plan 2017