The South REM is led by the Spanish Energy Commission (CNE) and aims to integrate Portugal, Southern France and Spain into one gas regional market.
The South REM represents a gas consumption of 80 bcm/year, almost 17% of the EU25's gas market. The South REM contributes to both the European security of energy supply and diversification of energy sources. This region is one of the main entries for the natural gas coming from the north of Africa, and for the LNG coming from a variety of origins (87% of LNG supplied to EU25 enters by this region).
Interconnection capacity, interoperability and transparency issues are the three key priorities of the South REM.
KEY ACHIEVEMENTS SO FAR - December 2007
Integrated MIBGAS initiative within the South Gas REM.
Continued working on different deliverables set up by the work plan.
Priority I: Interconnection Capacity
Completed study on investment needs for 2007-2015 between French and Spanish border.
Completed the study on investments until 2011 between Spain and Portugal.
Agreed the principles of a harmonized CAM, based on an open subscription, for the French-Spanish new interconnections under construction. Details are being finished by TSOs. The Spanish Ministry will publish a norm to allow the application of the procedure in Spain. French connection Guyenne 1 capacity will be sold in December 2007. The OSP to allocate the planned capacity of the two French-Spanish interconnections will be made in spring 2008.
Irún/Biriatou common interconnection capacities values identified by TSOs.
An Open Season procedure is being developed now by TSOs to identified market needs of future Spanish/French interconnection capacity.
Priority II: Interoperability
Created 5 internal working groups among TSOs to solve interoperability difficulties already identified in all infrastructures.
Agenda to solve the problems available for all interconnections.