1. 1 Conclusions Stockholm workshop 24.09.2009 GRI NW Investment I1- Virtual Test/Business Simulation (“recorded and agreed at the workshop”)

2. Contents Conclusion - Main direction of policy advise (Other) remarks and decisions Core and reference group reform Planning

3. Main direction - conclusion Projects differ (large projects require a very secure process, eg nord stream related flows in EU), – Large investment will happen because of ’nimby’ only once in 5 to 15 years. – This VT hellps even more with incremental investments; adress quick and long term wins Clarity on tariff derivation Periodical, centralized´, competitive bidding processes for regional demand – Insight in aggregated shipper demand (as part of investment trigger) Improve risk sharing mechanisms at regional level via 3-fold approach: – Financial solutions (like eg described in Journal of findings) – Commitment Shippers Neighbouring tso’s and regulators and governments In some rare cases, EU fund support – Qualitative arguments to support investment (studies) SOS (security of supply) Competition View on readyness to take risk (market growth, flow views) 3

4. Remarks and decisions No round 3, unless policy advise requires it – 16 october decision by core group, based on core and reference group remarks – describe in JOF the caveats of round 2 – investment triggers will not become more transparent as they are Significant lessons emerged, JOF and Manual are at large supported – Subject to discussed in workshop National systems, need to especially improve nra-cooperation in the area of agreeing on common investment trigger in relation to integrated open seasons Fuel price volatility - a point of attention (at high loadfactor of regional transit lines it can be up to 30% of transport price) 4

5. Core group formed, reference group same Core group Old group minus Ariane Kruijtzer (EK/NMa), Martijn van Gemert (EnergieNed/Nuon). New members: EGT, WGT, GUD, BNetzA. Reference group No changes. 5

6. Planning 29 September RCC/IG updates Friday 2 october telco 16 october model final and frozen By 16 october first draft policy paper discussed and decided if round 3 to take place Last week October round 3, if any 12 november PB update presentation November: finalize policy advise 26 November policy advise presented to gov, etc December; advise sent to relevant policy makers, signed by executive representatives of stakeholders (eg PB’members) 6