Investment Project Extenstion Loenhout – TDG – 20070524 -1 Investment Project: Extension Loenhout Thibaut De Greef 2007/5/24.

Slides:

Advertisements

Similar presentations

Bundesverband der Energie- und Wasserwirtschaft e. V. From Virtual (test) case to implementation Panel on way forward with Recommendations.

Advertisements

Public Private Partnership Investment and Construction Armando R. Araujo Cairo 2003.

Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation.

North / North West Region Regional Gas Initiative Regulatory Co-ordination Workshop 8 th February 2007.

Frankfurt (Germany), 6-9 June 2011 André Postma – Netherlands – RT.1b SM components "Smart Grid Components"

©2013 Navigant Consulting, Inc. ENERGY DISPUTES & INVESTIGATIONS ECONOMICS FINANCIAL ADVISORY MANAGEMENT CONSULTING Incentive Schemes for Offshore Wind.

Date faculty of lawgroningen centre of energy law CCS: Regulating Subsoil Storage of CO2 Prof. dr. martha M. Roggenkamp

CEDA DREDGING DAYS 2008 ANTWERP DEBATE ON LENGTHY, COMPLEX and SUSPICIOUS DECISION-TAKING PROCESS IN DREDGING and RECLAMATION PROCESSES THE POINT OF VIEW.

Congestion Management by distribution FEBEG POSITION Meeting FEBEG-VREG ( )

EStorage First Annual Workshop Arnhem, NL 30, Oct Olivier Teller.

Lecture 2 on the European Natural Gas Market Auke Lont Member of Supervisory Board Gasunie.

1 Cross-border Investment TRIGGERS GRI NW Investment I1- Virtual Test – Stockholm September 24, 2009 By : Johan Allonsius.

Module 6/7: DPR (Detailed Project Report) & EPC (Engineering Procurement Construction)

Project Management Principles Understand the business environment Choose the “right” project Understand the energy value chains Identify risks – “hard”

E.ON on the Romanian Energy Market ZF Power Summit Bucharest, February 27, 2013 Frank Hajdinjak CEO E.ON România.

1 The Regulatory Approach to Fostering Investment David Halldearn Ofgem 28 September 2006.

Development of Wind Power in Austria Importance of Regional Initiatives Stefan Hantsch Dr. Ursula Nährer

Energy Risk Management – 3 October 2006 Increasing interactions with global energy markets - the impact on the GB gas market Jo Witters Wholesale Markets,

The German Electricity Market in the European context Bocconi University Karsten Neuhoff German Institute for Economic Research / Technical University.

Regulatory Approaches to Managing Investment Uncertainty Gülefşan Demirbaş ICER VWG2 Co-Chair.

Public Private Partnerships in the Baltics and Europe Vilnius, November 2006 I. The Energy Sector in the Baltics 3. Renewable Energy Transactions.

Dr. Ion LUNGU AFEER President. DRIVERS FOR INVESTMENTS Demand; Fuel availability; Market signals; Production costs; Energy mix; Environmental concerns;

Dr. Danyel Reiche Environmental Policy Research Centre (FFU), FU Berlin Renewable Energies in the European Union International Conference on Energy Education.

1 Gas Regional Investment Plan North West Europe GRI Meeting, November 25 th 2011.

Incentive Regulation for business development GTE Conference, Copenhagen 24th September 2004 Paolo Caropreso, COO Business Development.

SAWS' Twin Oaks Aquifer Storage and Recovery Project SAWS' Twin Oaks Aquifer Storage and Recovery Project October Texas Innovative Water 2010 Roberto.

Benoît Esnault Commission de Régulation de l’Energie (CRE) - ERGEG 19th Madrid Forum, March 2011 Energy Infrastructure Package ERGEG preliminary.

New tariffs system in France GTE 23 rd October 2003 Jacques Laurelut.

E8-GEF-UNDESA-UNESCAP Financing Sustainable Electrification HCB Initiative South-East Asia Dialogues, September 8-10, 2009, Bangkok, Thailand e8-GEF-UNDESA-UNESCAP.

Carbon Capture and Storage Shell Exploration & Production Carbon Capture & Storage Regulatory Principles 18 h November 2008 Energy Delta Convention.

IFIEC Europe International Federation of Industrial Energy Consumers 1 Promotion of Renewable Energies in the EU Member States Consequences on the Price.

Draft of Terms Of Reference For Hiring a Consultant “Study for establishing the regulation and tools in implementing of DG connection to distribution network”

1 Experience from Finland Christian Llull, Ho Chi Minh City, 23rd November 2015 ? Cooperation & Partnership in Wind Project Development.

BALTIC ELECTRICITY MARKET MINIFORA Riga 3 July 2006 Transmission and connection to the grids Dace Bite Public Utilities Commission.

28-29 September 2006 GIE Annual Conference 2006, Bratislava1 Role of storage for SoS / Necessary signals for investing in new storage Klaus-Dieter Barbknecht.

1 Open Seasons between France and Belgium GRTgaz Fluxys Gas Regional Initiative North-West Stakeholders Meeting 7 May 2010.

Regional Storage Investment Artúr Böröcz Security of Supply Working Group GSE Regulatory Expert, E.ON Földgáz Storage Zrt. ENTSOG Workshop Bruxelles, 22.

GSE - Gas Storage Europe1 GSE Investment Workshop “ Physical specificities of gas storage” Brussels, 24 May 2007.

Underground Natural Gas Storage: ensuring a secure and flexible gas supply Jean-Marc Leroy GSE President Gas Coordination Group - 13 January 2010.

Southeast LDC Gas Forum Infrastructure Updates… Expanding Your Distribution Network Beyond the Pipeline April 12, 2016 Atlanta, Georgia David Lavoie Vice.

Demand/supply trends and storage perspective needs.

Brussels NETWORK USERS WORKSHOP Brussels – 15 Nov TRANSMISSION TARIFFS Bernard Brelle, Vice-President, Gas Transmission Europe.

Directorate-General for Energy and Transport Mark van Stiphout – C2 Electricity and Gas GSE Workshop on storage investment 24 May 2007 Policy framework.

GSE - Gas Storage Europe1 GSE Investment Workshop “ Role of gas storage in the market place” Brussels, 24 May 2007.

Gas Regional Initiative – North West Region Stakeholders Group meeting - London 14 November, 2008 Capacity Workshop Coordinated Open Seasons Marie-Claire.

Hanoi, October GROWTH RATE OF ELECTRICITY DEMAND Growth rate of Electricity consumption, period Growth rate of Electricity consumption,

Planning and Realisation of Wind Farms

ESS Innovation Procurement Workshop

Uniper Energy Services

Siegfried KISS Keep It Short RAG (Austrian Storage Company) Chairman

Gas Storage in Northwest Europe

GIE views on Gas Target Model - focus on storage - Jean-Marc Leroy GSE President / GIE Board Member CEER - 3rd Gas Target Model workshop London, 11.

“Caucasus Power Transmission Network’’ (Armenia-Georgia overhead transmission line/substations) Loan Project.

Expanding Your Distribution Network Beyond the Transmission Pipeline

Storage Market in CEE- National and regional stock check

History and Status Tallinn, 18 May 2005 Leo Huberts

Overview on Renewable energy in Bulgaria

Investment Work Package I.2 H2 to Transportation Fuels:

Investment Work Package I.2 H2 to Transportation Fuels:

Wind Power in Bulgaria and the Region: Key Challenges

CASE STUDY UNDERGROUND GAS STORAGE PROJECT “YELA”

Role of gas storage in the context of SoS

The work of European energy regulators on generation adequacy

Regulators’ views on Transparency

Definitions EPC EPCM Design/Build Contract Lump Sum

XIIIth Madrid Forum (16th/17th October 2007)

Wind Development & Policy Options

From Feed-in Tariffs to tenders: The transition to a new era in Greece

How Small Developers and EPC Contractors Can Add PPA Financing to their Arsenals John Langhus, VP Business Development Midwest Solar Expo 2019 New Energy.

Presentation transcript:

Investment Project Extenstion Loenhout – TDG – Investment Project: Extension Loenhout Thibaut De Greef 2007/5/24

2 Investment Project Extenstion Loenhout – TDG – Storage Installation Loenhout: AS IS Injection (n)m³/h Storage 600 mcm Withdrawal (n)m³/h France LUXEMBURG Germany Netherlands GB Seasonal Storage

3 Investment Project Extenstion Loenhout – TDG – Storage Projects Loenhout: extension of existing Storage Installation ( commissioning 2010) Loenhout: extension of existing Storage Installation ( commissioning 2010) Poederlee: new Storage Installation in same geological structure asLoenhout Poederlee: new Storage Installation in same geological structure asLoenhout ( under study commissioning 2012) Limburg:new Storage Installation in new geological structure Limburg:new Storage Installation in new geological structure ( under study commissioning > 10 years )

4 Investment Project Extenstion Loenhout – TDG – GRID: Loenhout Storage Installation

5 Investment Project Extenstion Loenhout – TDG – Storage Installation Loenhout: Tech & Numbers Acquifer Number Wells 46 Production Wells 11 Commissioning 80ies Storage Users 5 Total volume 1.2E9

6 Investment Project Extenstion Loenhout – TDG – Extension Loenhout AS IS ExtensionChange[%] Injection[(n)m³/h] Storage[mcm] Withdrawal[(n)m³/h]

7 Investment Project Extenstion Loenhout – TDG – Project Drivers Gas Market in Belgium: 40 % growth next 10 years Gas Market in Belgium: 40 % growth next 10 years Security of supply Security of supply Shortage of Storage Capacity Shortage of Storage Capacity Shortage of flexibility tools Shortage of flexibility tools

8 Investment Project Extenstion Loenhout – TDG – Extension: Technical Aspects Three permits: Three permits: Operations Operations Environmental Environmental Construction Construction Risks: Risks: Exploration Exploration Underground drilling Underground drilling Underground filling up (storing) Underground filling up (storing) Infiltration of gas Infiltration of gas Extension works during operation of the Storage Installation Extension works during operation of the Storage Installation

9 Investment Project Extenstion Loenhout – TDG – Project Planning PermitsPermits Definition BDPDefinition BDP Definition EPC ContractsDefinition EPC Contracts Extension WorksExtension Works /0101/0401/10 01/06 01/06 01/1101/12/200901/04/ Start BDP Call for tender BDP Finish BDP OVR and MER approuved Permits obtained Call for tender drilling pipes Order drilling pipes Start drilling down to cover Drilling into storage Call for tender EPC Contract awarded Commissioning Withdrawal Commissioning injection Basic Design Package Permits EPC Contracts Underground/drilling 01/02 01/03/200801/06/2008

10 Investment Project Extenstion Loenhout – TDG – Financial Aspects Investment Investment 2 aspect: 2 aspect: -Cushion gas: 40% -Equipment: 60 % Lifespan:Lifespan: 30 years (after that: new investments assumed necessary) 30 years (after that: new investments assumed necessary) 50 years cushion gas 50 years cushion gas Risk: Risk: Exploration covered in tariffs past Exploration covered in tariffs past Risk in future tariffs Risk in future tariffs Long term uncertainty Long term uncertainty

11 Investment Project Extenstion Loenhout – TDG – Tariff Model (to be confirmed) Regulation: Regulation: - Exemption on tariffs - No exemption on duration WACCxRAB+OPEX+Depreciation WACCxRAB+OPEX+Depreciation WACC (6.62 %:existing installations) : WACC (6.62 %:existing installations) : -WACC low for investors to be interessed Uncertainty on tariff structure Uncertainty on tariff structure