ENTSOG Gas Regional Investment Plan South 2017 - Main Report

5.4.3 CAPACITY SUBSCRIPTION AT IPS BETWEEN SPAIN AND PORTUGAL (VIP IBERICO)

After October 2014, the cross-border capacity between Spain and Portugal is mar- keted in the VIP (Virtual Interconnection Point): VIP Iberico.

GWh/d

VIP Iberico (Spain – Portugal direction)

250 225 200 175 150 125 100

75 50 25

0

Jan 14

Jul 14

Jan 15

Jul 15

Jan 16

Jul 16

Jan 17

Jul 17

Jan 18

Physical flow (ES-PT) Available Capacity

Booked Capacity ES-PT

Booked Firm Capacity ES-PT

Figure 5.16: Capacity subscription at IPs between Spain and Portugal (VIP Iberico), Spain – Portugal direction (Source: TSO own elaboration)

In the Spain–Portugal direction, approximately two thirds of the capacity is booked in the long term.

GWh/d

VIP Iberico (Portugal – Spain direction)

250 225 200 175 150 125 100

75 50 25

0

Jan 14

Jul 14

Jan 15

Jul 15

Jan 16

Jul 16

Jan 17

Jul 17

Jan 18

Physical flow (PT-ES) Available Capacity

Booked Capacity PT-ES

Booked Firm Capacity PT-ES

Figure 5.17: Capacity subscription at IPs between Spain and Portugal (VIP Iberico), Portugal – Spain direction (Source: TSO own elaboration)

In the Portugal –Spain direction, as of today no capacity is booked. Physically, the flow is always Spain – Portugal direction; Portugal – Spain flow is a back hole flow capacity.

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Gas Regional Investment Plan of the South Region 2017