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

2. Energiekamer Contents Calculating tariffs for Germany, The Netherlands, Belgium and France based on the national regulatory framework Influence of parameters on tariffs Calculating tariffs for shipper bidding proces

3. Energiekamer Tariffs (in euro/m3/h/y) for G, NL, B and F: 20 bcm pipeline

4. Energiekamer 4 Calculating tariffs based on regulatory frameworks Key parameters in the regulatory frameworks in calculating tariffs for Virtual test: depreciation period pipeline and compressor WACC Level of socialisation

5. Energiekamer 5 Tariffs for G, NL, B and F: same average depreciation period

6. Energiekamer 6 Tariffs for G, NL, B and F: same average WACC

7. Energiekamer 7 Tariffs for G, NL, B and F: no socialization: dedicated pipeline

8. Energiekamer 8 Gas price drops from 0,28 to 0,09 euro/m3

9. Energiekamer 9 Calculating tariffs for shipper bidding process Based on regulatory frameworks, we calculated the tariffs for the Virtual Test for each country for each year Shippers need three hub to hub tariffs (G-NL NL-B B-F) for each of the six dimensions of the investment ?

10. Energiekamer 10 Calculating tariffs for shipper bidding process Method to transform national tariffs into hub-to-hub tariffs: Calculate NPV for first 10 years per country ½ G tariff + ½ NL tariff = Hub G-to-hub NL tariff 3. Calculate hub-to-hub tariffs for each of the six dimensions of investment

11. Energiekamer Supply of capacity