REN proposes investment of 895.6 million between 2024 and 2033 in gas networks

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After the public consultation, which is now beginning, ERSE will issue a non-binding opinion, with alterations to the proposal presented by the operator of the National Gas Transportation Network..

ERSE – The Energy Services Regulatory Authority has put up for public consultation a REN proposal for an investment of 895.6 million euros between 2024 and 2033 in the national transmission grid, storage infrastructures and gas terminals.

In a statement, the entity said it placed “today in public consultation the PDIRG 2023 proposal concerning the indicative ten-year development and investment plan of the National Transport Network, Storage Infrastructures and LNG [liquefied natural gas] Terminals (RNTIAT) for the period 2024-2033, prepared by REN Gasodutos, as the operator of the National Gas Transport Network (RNTG).”

Thus, “in the draft PDIRG 2023, which is now subject to public consultation, the RNTG proposes an overall investment amounting to 895.6 million euros for the 10-year period between 2024 and 2033” for the “development of investment projects in the three high-pressure infrastructures, namely the National Transport Network (RNTG), the Sines LNG Terminal (TGNL) and the Carriço Underground Storage (AS),” the regulator said.

REN proposes investment of 895.6 million between 2024 and 2033 in gas networks

According to the regulator, in this proposed amount, “we highlight three groups of investments” that include “162 million euros in base projects, 319 million euros in complementary projects to adapt high-pressure infrastructure to hydrogen mixtures up to 10% and, finally, 414 million euros in projects dedicated exclusively to hydrogen.

According to the entity, “ERSE is responsible for promoting a public consultation of PDIRG 2023, with a duration of 30 working days and, at the end of it, prepare, within 22 days, the report of that consultation, followed by the issuance of an opinion on the proposal, to take place within 30 days after the conclusion of that report.

Thus, based on the results of the public consultation, “ERSE will issue a non-binding opinion, including changes to the PDIRG 2023 proposal presented by the RNTG operator”, and “the approval of the PDIRG 2023 proposal is the responsibility of the member of the Government responsible for the energy area”, he explained. “Comments are requested from all interested parties, until June 20, 2023,” he concluded.

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