ENTSOG GRIP SNC 2014-2023
While pipe initiatives add up to 49 projects (64% of total project in the Region), storages projects can count on the highest expected realization rate, since six out of sixteen have already received an FID decision. This situation could be a sign of the positive economic perspective experienced in the past by storages. Anyway, consid- ering the changed market climate currently characterizing storage sector, it’s likely that these figures will change in the near future. On the other hand, only two LNG projects have been granted with FID, with ten projects still waiting to proceed towards a more concrete development phase. This might be a consequence of the recent developments of LNG market dynamics and could also reflect the more competitive nature of this type of infrastructure com- pared to transmission and storage projects, more closely linked to demand and security of supply needs. The following graphs (Figure 2.8 and Figure 2.9) visualize the various classes of projects, introducing a temporal dimension.
Number of projects
15
12
9
6
3
0
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Pipe FID Pipe non-FID
Storage FID Sorage non-FID
LNG FID LNG non-FID
Figure 2.8: Total number of projects per type (LNG, Storage, Pipes) and status (FID, non-FID) in the South-North Corridor Region
Number of projects
80
60
40
20
0
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Pipe FID Pipe non-FID
Storage FID Sorage non-FID
LNG FID LNG non-FID
Figure 2.9: Cumulated distribution of Regional projects in the South-North Corridor Region
The first graph divides the projects according to the date of commissioning on a yearly basis: 2015 and 2018 are the years where a higher number of infrastructure projects are expected to enter into operation. The difference between these two deadlines is that 2015 is characterized by the highest number of FID-projects, while 2018 is the record year for non-FID infrastructure.
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South-North Corridor GRIP 2014–2023
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