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

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

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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

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

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

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

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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

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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

?

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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

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Supply of capacity

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