The energy infrastructure in the Mediterranean: a TSO point of view Enrico Zagari, North Africa Area...
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Transcript of The energy infrastructure in the Mediterranean: a TSO point of view Enrico Zagari, North Africa Area...
The energy infrastructure in the Mediterranean:
a TSO point of view
Enrico Zagari, North Africa Area - Terna Spa
2nd OPERATIONAL MEETING OF THE PAM PANEL ON EXTERNAL TRADE AND INVESTMENTS IN THE MEDITERRANEANGeneva, May 5, 2011
Regional Approach
In the middle and long term, a large part of investments in energy infrastructure foreseen in the Mediterranean region will be localized in the southern side
Regional Approach
Rationale
Requires
The connection to European markets along the South North axis, through energy infrastructure
The development of international exchanges along the South-South axis
The regional energy scenario
Demographic trend
Development of GDP
Energy Source Availability
(renewable and conventional)
The Gas Sector
The electricity scenario depends on the gas scenario
The gas sector: a changing framework
• Still primary source of electricity generation in the southern side• Ongoing changes in the reference market (shale gas) • Difficulties in infrastructures development planning •Slow down of investments in gas pipeline•Slow down in the auction procedures for the allocation of long term extraction rights
To monitor the ongoing phenomena
Electricity sector: The Corridor approach
Corridor approach drives the development activities (instead of point to point connections)
International exchange development doesn’t require the local market opening
Euro-Mediterranean initiatives in phases of development:
• Industrial initiatives Desertec (German lead initiative for promotion and trade of RES from MENA to Europe and promotion of sustainable development)Medgrid (French lead initiative aiming at the realization of an Euromediterranean grid and to promote trade of RES)
• Institutional initiatives: Paving The Way for Mediterranean Solar Plan ( EU project for the harmonization of the electricity regulatory framework and for the promotion of the use of renewable energy sources)
Terna is involved in all three initiatives
Development of the Energy infrastructures The Vertical corridors
South North corridor from MENA to Europe:
• The Western corridor: from Morocco to/through Spain•The Central corridor: from the center of North Africa to/through Italy• The Eastern corridor: from the Middle East to/through Turkey
Development of the Energy infrastructures The Horizontal corridors
• Maghreb: Tunisia, Algeria, Morocco• Mashreq: Egypt and the Middle East
The connection Maghreb – Mashreq : a Terna proposal already envisaged
Terna projects in the Mediterranean Region
Terna North Africa projects
Italy is the natural base for South North electricity exchanges
• Strategic position in the Mediterranean• Strong and well-interconnected electricity system with the rest of Europe• Advanced know-how in managing international exchanges and grid interconnections (SAPEI, SACOI, the only three-terminal in the Mediterranean, and Greece Italy)
New interconnections are under construction (Italy-Montenegro) or in phase of development (Italy – Algeria and Italy-Tunisia)
Terna Projects
Existing Submarine connections
Under construction
In phase of development
Envisaged
Connections to Europe
Italy - Greece
The investments
These investments represent a low level of risk in the presence of appropriate institutional conditions (international agreements, involvement of IFIs)
Essentialprecondition
Strengthening of North South cooperation
Development of the energy
infrastructure
Infrastructure investments are preconditions for economic and social development
Thank you for your attention