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Single gas market and energy security in the Visegrad states: models, challenges, perspectives

Single gas market and energy security in the Visegrad states: models, challenges, perspectives

The main objective of the project is to investigate the opportunities and perspectives affecting cooperation between Poland, Czech Republic, Slovakia and Hungary in the gas market.
Samuel Goda

The main objective of the project is to investigate the opportunities and perspectives affecting cooperation between Poland, Czech Republic, Slovakia and Hungary in the gas market. A key part of the undertaking is a survey conducted among the energy experts and managers of energy companies from the V4 countries.

The research focuses on the Energy Union Strategy and EU security of supply regulation in the V4, infrastructure bottlenecks and potential infrastructure projects in the Visegrad region, and the current geopolitical and regional challenges to the V4 gas supply security.

This project is supported by the International Visegrad Fund.

SFPA take part  in this  international project “Single gas market and energy security in the Visegrad states: models, challenges, perspectives,” together with National Centre for Strategic Studies (Poland), Regional Centre for Energy Policy Research, Corvinus University of Budapest (Hungary) and KNO Czech (Czech).

Please, download the report below:

SINGLE GAS MARKET AND ENERGY SECURITY IN THE VISEGRAD STATES: MODELS, CHALLENGES, PERSPECTIVES


This report focuses on natural gas security of supply and market integration of the Visegrad Group (V4) in the context of European energy security architecture. The first chapter provides background information for the EU-level legislation, beginning with the Third Energy Package. The execution of recent and forthcoming European Commission directives and communications is highly dependent on the successful implementation of the 2009 Third Energy Package, which underpins the vision of the 2015 Energy Union proposal and subsequent revision of the Regulation No 994/2010 (known as SoS Regulation) and LNG and storage strategy. The second chapter discusses viability of the Energy Union and its potential impact on the V4, laying out the possible benefits and challenges. It reflects on the increasing role of the European Commission in internal developments in Central Europe (CE), specifically with respect to infrastructure development, the expansion of security of supply obligations and involvement in contracts with third party suppliers. This leads into the third chapter, which provides a more thorough account of the V4 infrastructure developments, from the completed projects to those that are planned and are being considered on the pending second list of projects of common interest (PCIs). For the Central and Southeast European (CSEE) region as a whole, and the V4 in particular, the key infrastructure projects have been identified toward the realisation of the North-South Corridor and are expected to be completed by the end of the decade, if they remain on schedule, just when Gazprom has announced it will significantly curtail its gas transit to the CSE via Ukraine by a way of re-directing gas transit via new routes, with most recently announced Nord Stream 2 project. The resulting supply diversification – from hub gas to the West and LNG from the North and the South – will result in a much improved regional integration and incentivise market development. In the end, security of supply will be enhanced and more competitive prices will benefit the consumer.

Autori publikácie: Natalia Slobodian, Nolan Theisen, Samuel Goda, Michaela Karaskova
Dátum publikácie: 7. septembra 2016