ENTSOG South-North Corridor GRIP 2017 - Main Report

Image courtesy of TAP

The possibility for the SNC Corridor to function in a fully-fledged “interconnector mode” is still partially constrained by the lack of physical reverse flow capacity along the whole route  3) . The final step for the completion of the Corridor allowing physical bi-directionality will be achieved by 2018, when the technical reverse flow capacity along the whole route will be made available to the market with the commissioning of the projects described further on in this Chapter. The purpose of Chapter 6 is indeed to illustrate in detail the projects and their de- velopment in the Region dedicated in particular to the opening of the “South-North Corridor”, creating technical transmission capacity from Italy through Switzerland to Germany and France by enabling physical reverse flows.

 3) On 6 February the spread between TTF and PSV was negative (gas was exchanged on the two hubs respectively at 23 €/MWh and 22.55 €/MWh (Source: ICIS Heren European Spot Gas Markets Closing Prices Update ) opening the door for arbitrage in the reverse flow direction.

70 |

South-North Corridor GRIP 2017