1. ERGEG GRI – N/NW Region Stakeholder Group Meeting
Doug Wood
14 April 2008, Amsterdam

2. Original objectives SE N/NW S
Regulatory coordination
Investment
Interoperability (balancing, quality)
Hubs
Transparency
Interconnection (primary, secondary capacity) S
I want it all! I want it all! I want it all! And I want it now!!
Freddie Mercury

3. Progress
Whoever invented the meeting must have had Hollywood in mind. I think they should consider giving Oscars for meetings: Best Meeting of the Year, Best Supporting Meeting, Best Meeting Based on Material from Another Meeting…
William Goldman

4. Priorities? Service Development Voluntary GGP, CBP
National Legislation
GRI Commitments
European Regulation 1775
GRI Commitments are complementary to existing requirements, as clarifications and prioritisations.
European Directives
Say what you like about the Ten Commandments, you must always come back to the pleasant fact that there are only ten of them.
HL Mencken

5. If I wanted it tomorrow, I’d have waited until tomorrow to ask for it.
Proposed plan
Short term issues
Long term issues
Transparency
• Complete work planned for 2008
• Extension towards 3rd Package requirements
Capacity utilization
• Development and implementation of compatible shorter-term capacity products
• Compatible booking procedures at Interconnection Points
• Sale of bundled products
• Implementation of compatible capacity products over a wider time range
New Capacity
• Definition of which elements contribute to a sound investment climate
• Open season co-ordination
• Releasing existing capacity (e.g. flow commitments, security capacity day ahead)
• Implementation of investment climate elements
• Implementation of agreed approach to enable regulated investment across borders in addition to expressed open season demand
Network services
• Implement ERGEG GGP on Balancing
• Implement ERGEG GGP on Storage
Access to gas
• Monitor ERGEG work on treatment of gas conversion facilities
• Examine possibilities of H and L gas market integration (e.g. through swaps)
If I wanted it tomorrow, I’d have waited until tomorrow to ask for it.
Dilbert’s pointy-haired boss

6. The real priorities
Confidence in delivering concrete progress towards the single market
Deadlines must be realistic and achievable – and they must be met!
Solutions should endure for a reasonable time, and not be subject to constant change
Deliverables must meet the spirit of the objectives, not just the letter of the requests.
Must establish how to gain commitment of parties to realistic objectives.
A project management structure should be implemented to help planning and scheduling, and provide clarity on resource requirements.
A signoff process for requirements and deliverables must be established.
You can get much further with a kind word and a gun than you can with a kind word alone.
Al Capone

7. If we don’t succeed, we run the risk of failure.
Conclusion
Access to firm (-ish) capacity is the primary priority for shippers.
Deliverables on transparency, product definition and convergence, interruptible services, tradability and bundling, capacity release, open season coordination are all designed to improve access to capacity and utilisation of capacity.
TSOs must have an opportunity to share in upside of improved capacity utilisation.
Improved access to capacity will help achieve other objectives such as increased hub liquidity, but is not the only requirement.
If we don’t succeed, we run the risk of failure.
Dan Quayle