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

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

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

Energiekamer

Tariffs in the Virtual Test

GRI NW Investment

Ariane Kruijtzer

Dutch Office of Energy Regulation

Page 2: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

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

Page 3: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

Energiekamer

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

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2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Page 4: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

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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

Page 5: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

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

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2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Page 6: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

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

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2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Page 7: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

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

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2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Page 8: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

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

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2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Page 9: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

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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

?

Page 10: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

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Calculating tariffs for shipper bidding process

Method to transform national tariffs into hub-to-hub tariffs:

1. Calculate NPV for first 10 years per country

2. 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

Page 11: Energiekamer Tariffs in the Virtual Test GRI NW Investment Ariane Kruijtzer Dutch Office of Energy Regulation

Energiekamer

Supply of capacity

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