ENTSOG GRIP BEMIP 2014-2023 / Annex: Infrastructure Projects

PROJECTED CAPACITY INCREASES

Interconnection

Capacity (GWh/d)

From Zone

To Zone

Modelled Direction

UGS - LV - Latvijas Gaze

Yes

exit

51.75

Hub Latvia

Storage Latvia

DESCRIPTION OF THE PROJECT

Modernization of existing and construction of new facilities with the aim to increase daily output from 30 to 35 mcm and to comply with the EN 1918:1 EXPECTED BENEFITS

Security of supply, market integration, diversification of sources, diversification of routes, N-1 regional (BEMIP), back-up for renewables; the implementation of thepProject will enhance cross-border interconnection capacity, along with strengthening economic cooperation in the region, building links between Poland and Lithuania, and strengthening the economic cohesion with the common EU grid.

COMMENTS ABOUT THE PROJECT FINANCING

Public financing

Private financing

Multilateral financing

Union financial assistance

AS Latvijas Gaze

Other parties keeping gas in the storage

Baltic Energy Market Interconnection Plan GRIP 2014–2023 Annex | 71