116 Amendments of Morten PETERSEN related to 2020/0360(COD)
Amendment 142 #
Proposal for a regulation
Recital 13
Recital 13
(13) The Commission’s communication on energy system integration underlines the need for integrated energy infrastructure planning across energy carriers, infrastructures, and consumption sectors. Such system integration starts from the point of departure of applying the energy efficiency first principle and taking a holistic approach in policy and beyond individual sectors. It also addresses the decarbonisation needs of the hard to abate sectors, such as parts of industry or certain modes of transport, where direct electrification is, currently, technically or economically challenging. Such investments include hydrogen and electrolysers, which are progressing towards commercial large-scale deployment. The Commission’s Hydrogen Strategy gives priority to hydrogen production from renewable electricity, which is the cleanest solution and is most compatible with the EU climate neutrality objective. In a transitional phase however, other forms of low-carbon hydrogen are needed to more rapidly replace existing hydrogen and kick-start an economy of scale.
Amendment 153 #
Proposal for a regulation
Recital 15 a (new)
Recital 15 a (new)
(15 a) Moreover, a focus should equally be laid on flexibility and energy storage solutions to support investments that allow for the stability of the grid and enable further integration of renewable energy sources; energy storage will be a crucial feature of the power grid given the volatile nature of renewable energy sources on the one hand and our need for grid stability and security of supply on the other;
Amendment 157 #
Proposal for a regulation
Recital 15 b (new)
Recital 15 b (new)
(15 b) Moreover, a new infrastructure category should be created for district heating and cooling systems.
Amendment 183 #
Proposal for a regulation
Recital 22
Recital 22
(22) To ensure voltage and frequency stability, particular attention should be given to the stability of the European electricity network under the changing conditions, for instance through exploring all possible sustainable energy storage solutions, especially in view of the growing share of renewable electricity.
Amendment 195 #
Proposal for a regulation
Recital 27
Recital 27
(27) Projects of common interest should be implemented as quickly as possible and should be closely monitored and evaluated, while keeping the administrative burden for project promoters to a minimum. The Commission should nominate European coordinators for projects facing particular difficulties or delays. The progress in the implementation of the specific projects as well as the fulfilment of the obligations pertaining to this Regulation should be taken into account in the selection process for subsequent Union lists for the respective projects.
Amendment 199 #
Proposal for a regulation
Recital 33
Recital 33
(33) In order to simplify and expedite the permitting process for offshore grids for renewable energy, the Member States around a particular sea basin should endevour to harmonise the relevant legislation and procedures and create one unique points of contact, referred to as an ‘offshore one-stop shop’, in view of regional specificities and geography, for the for facilitating, integrating and coordinating the process of granting of permits toall permit granting procedures of such projects. Moreover, the establishment of a one-stop shop per sea basin for offshore grids for renewable energy should reduce complexity, increase efficiency and speed up the permitting process of offshore transmission assets often crossing many jurisdictions. It shall issue comprehensive decisions for these projects on behalf of the relevant national Member States in a coordinated, collaborative or integrated manner.
Amendment 208 #
Proposal for a regulation
Recital 40 a (new)
Recital 40 a (new)
(40 a) The needs of an integrated energy market will go beyond a physical cross- border footprint of infrastructure projects in order to contribute to the TEN-E pillars, such as sustainability or security of supply. There will be an equal a need for cross-border and local projects that will have a positive effect on the Union's power grid, such as electrolysers, district heating and cooling networks or storage infrastructure of a certain capacity and ability to be replicable in more than one Member State.
Amendment 258 #
Proposal for a regulation
Article 2 – paragraph 1 – point 8
Article 2 – paragraph 1 – point 8
(8) ‘smart electricity grid’ means an electricity network where the grid operator can digitally monitor the actions of the users connected to it, and information and communication technologies (ICT) for communicating with related grid operators, generators, energy storage, consumers and/or prosumers, with a view to transmitting electricity in a sustainable, cost-efficient and secure way;
Amendment 265 #
Proposal for a regulation
Article 2 – paragraph 1 – point 9 a (new)
Article 2 – paragraph 1 – point 9 a (new)
(9 a) ’low carbon gas’ means gases such as biogas, biomethane, and hydrogen with the lifecycle greenhouse gas emissions savings requirement of 70 % relative to a fossil fuel comparator of 94g CO2e/MJ as set out in Article 25(2) and Annex V of Directive (EU) 2018/2001 of the European Parliament and of the Council
Amendment 282 #
Proposal for a regulation
Article 3 – paragraph 1 – introductory part
Article 3 – paragraph 1 – introductory part
1. Regional gGroups shall be established (‘Groups’) as set out in Section 1 of Annex III. The membership of each Group shall be based on each priority corridor and area and their respective geographical coverage as set out in Annex I. Decision-making powers in the Groups shall be restricted to Member States and the Commission, who shall, for those purposes, be referred to as the decision- making body of the Groups.
Amendment 305 #
Proposal for a regulation
Article 3 – paragraph 6
Article 3 – paragraph 6
6. Projects of common interest included on the Union list pursuant to paragraph 4 of this Article under the energy infrastructure categories set out in points (1)(a), (b), (c) and (e) of Annex II, having reached the sufficient degree of maturity referred to in Annex III.2(1)(c) shall become an integral part of the relevant regional investment plans under Article 34 of Regulation (EU) 2019/943 and Article 12 of Regulation (EC) No 715/2009 and of the relevant national 10- year network development plans under Article 51 of Directive (EU) 2019/944 and Article 22 of Directive 2009/73/EC and other national infrastructure plans concerned, as appropriate. Those projects shall be conferred the highest possible priority within each of those plans. Projects of common interest included in the Union list pursuant to paragraph 4 of this Article under the energy infrastructure categories set out in points (1)(a),(b), (c) and (e) of Annex II, which have not yet reached the sufficient degree of maturity referred to in Annex III.2(1)(c) shall become part of the relevant regional investment plans, national 10-year network development plans and other national infrastructure plans, as appropriate, as projects under consideration, which are under further scrutiny, pending the assessment of their maturity before effective inclusion in the relevant plans as a planned project. This paragraph shall not apply to projects of mutual interest.
Amendment 323 #
Proposal for a regulation
Article 4 – paragraph 2 – point a
Article 4 – paragraph 2 – point a
(a) the project contributes significantly to the decarbonisation objectives of the Union and those of the third country and to sustainability, including through the integration of renewable energy into the grid and the transmission and distribution of renewable generation to major consumption centres and storage sites, and;
Amendment 327 #
Proposal for a regulation
Article 4 – paragraph 2 – point b
Article 4 – paragraph 2 – point b
(b) the potential overall benefits of the project identified on the territory oft he Union and in countries applying the EU acquis and which have concluded an agreement with the Union, assessed in accordance with the respective specific criteria in paragraph 3, outweigh its costs on the same perimeter, including in the longer term;
Amendment 350 #
Proposal for a regulation
Article 4 – paragraph 3 – point a – point i
Article 4 – paragraph 3 – point a – point i
(i) market integration, including through lifting the isolation of at least one Member State and, reducing energy infrastructure bottlenecks; competition and system flexibility; and reinvestments in existing infrastructure, necessary to maintain current levels of system integration;
Amendment 361 #
Proposal for a regulation
Article 4 – paragraph 3 – point b – point ii
Article 4 – paragraph 3 – point b – point ii
(ii) market integration, including through efficient system operation and, use of interconnectors; and reinvestments in existing infrastructure; necessary to maintain operational conditions;
Amendment 413 #
Proposal for a regulation
Article 4 – paragraph 3 – point f – point iii
Article 4 – paragraph 3 – point f – point iii
(iii) enabling flexibility services such as demand response and storage by facilitating smart energy sector integration through the creation of links to other energy carriers and sectors and enabling demand response.
Amendment 418 #
Proposal for a regulation
Article 4 – paragraph 3 – point f a (new)
Article 4 – paragraph 3 – point f a (new)
(f a) for district heating and cooling networks falling under the energy infrastructure category set out in point [6 new] of Annex II the project is to contribute significantly to sustainability and to reaching the climate targets 2030 as well as climate neutrality 2050 through a reduction of greenhouse gas emissions as well as an increase of the share of renewable energy in the heating and cooling sector, as well as a better integration and interlinking of the sectors.
Amendment 431 #
Proposal for a regulation
Article 4 – paragraph 5 – subparagraph 1 – point b a (new)
Article 4 – paragraph 5 – subparagraph 1 – point b a (new)
(b a) synergies with priority corridors and areas identified under trans- European networks for transport and telecommunications;
Amendment 443 #
Proposal for a regulation
Article 5 – paragraph 6
Article 5 – paragraph 6
6. By 30 April of each year when a new Union list should be adopted, the Agency shall submit, to the Groups a consolidated report for the projects of common interest subject to the competency of national regulatory authorities, evaluating the progress achieved and the evolution of the expected project costs and make, where appropriate, recommendations on how to overcome the delays and difficulties encountered. That consolidated report shall also evaluate, in accordance with Article 5 of Regulation (EU) 2019/942, the consistent implementation of the Union-wide network development plans with regard to the energy infrastructure priority corridors and areas.
Amendment 445 #
Proposal for a regulation
Article 5 – paragraph 6 a (new)
Article 5 – paragraph 6 a (new)
6 a. At the Agency’s request, project promoters shall provide to the Agency the implementation plan and other information necessary for the purpose of carrying out the Agency’s tasks set out in paragraph 6.
Amendment 460 #
Proposal for a regulation
Article 8 – paragraph 6
Article 8 – paragraph 6
6. By [31 July 2022] and for each specific Regional Group per priority offshore grid corridor, as defined in Annex I, national competent authorities in Member States belonging to the respective Group, shall jointly create one unique points of contact per priority offshore grid corridor, ‘offshore one-stop shops’, for project promoters, which shall be. The offshore one-stop shop shall, without prejudice to relevant requirements under international and Union law, facilitate the issuing of the comprehensive decision. The comprehensive decision shall be the final proof that the project of common interest has achieved ready-to-build status and there shall be no other requirements for any additional permits or authorisations in that respect. The comprehensive decision shall be issued within the time limit referred to in Article 10(1) and (2) and in accordance with schemes similar to those laid out in Article 8 Paragraph 3. The offshore one-stop shall be further responsible for facilitating and coordinating the permit granting process for offshore grids for renewable energy projects of common interest, taking into account also the need for coordination between the permitting process for the energy infrastructure and the one for the generation assets. The offshore one-stop shops shall act as a repository of existing sea basin studies and plans, aiming at facilitating the permitting process of individual projects of common interest and coordinate the issuance of the comprehensive decisions for such projects by the relevant national competent authorities. Each Regional Group per priority offshore grid corridor, with the assistance of the national competent authorities in the Members States belonging to the Group, shall set-up the offshore one-stop shops depending on regional specificities and geography and determine their location, resource allocation and specific rules for their functioning.
Amendment 473 #
Proposal for a regulation
Article 10 – paragraph 1 – point a – introductory part
Article 10 – paragraph 1 – point a – introductory part
(a) the pre-application procedure, covering the period between the start of the permit granting process and the acceptance of the submitted application file by the competent authority, shall take place within an indicative period of two years.
Amendment 480 #
Proposal for a regulation
Article 10 – paragraph 2 – introductory part
Article 10 – paragraph 2 – introductory part
2. The competent authority shall ensure that the combined duration of the two procedures referred to in paragraph 1 does not exceed a period of three years and six months. However, where the competent authority considers that one or both of the two procedures of the permit granting process will not be completed within the time limits set out in paragraph 1, it may decide, before their expiry and on a case by case basis, to extend one or both of those time limits by a maximum of nine months for both procedures combined. The Commission should monitor the permitting process more closely and in case of any delay the European Commission shall be notified immediately by the competent authority, whereas the latter shall duly justify the delay.
Amendment 491 #
Proposal for a regulation
Article 11 – paragraph 1 – introductory part
Article 11 – paragraph 1 – introductory part
1. By [16 November 2022], the European Network of Transmission System Operators (ENTSO) for Electricity and the ENTSO for Gas shall publish and submit to Member States, the Commission and the Agency their respective methodologies, including the network and market modelling, for a harmonised energy system-wide cost-benefit analysis at Union level for projects of common interest falling under the categories set out in points (1)(a), (b), (c) and (e) and point (3) of Annex II.
Amendment 500 #
Proposal for a regulation
Article 11 – paragraph 2
Article 11 – paragraph 2
2. Within three months of the receipt of the methodologies together with the input received in the consultation process and a report on how it was taken into account, the Agency shall provide an opincarry out an extensive consultation ton the ENTSO for Electricity, the ENTSO for Gas, the Member States, and the Commission and publish it on the Agency’s websitesubmitted draft methodologies.
Amendment 501 #
Proposal for a regulation
Article 11 – paragraph 2 – point a (new)
Article 11 – paragraph 2 – point a (new)
(a) Within three months of the receipt of the methodologies, the Commission and Member States may deliver an opinion on the methodologies. The opinions shall be submitted to the Agency, the ENTSO for Electricity or the ENTSO for Gas.
Amendment 503 #
Proposal for a regulation
Article 11 – paragraph 3
Article 11 – paragraph 3
Amendment 507 #
Proposal for a regulation
Article 11 – paragraph 4
Article 11 – paragraph 4
Amendment 512 #
Proposal for a regulation
Article 11 – paragraph 5
Article 11 – paragraph 5
5. No later than threesix months of the day ofafter the receipt of the Commission’s opinion, as referred to in paragraph 4, the ENTSO for Electricity and the ENTSO for Gasdraft methodologies, the Agency shall adaopt their respective methodologies taking due account of the Commission’s opiniona decision on each of the methodologies, whether to approve them or to amend them or request amendments to them, and spubmit them to the Commission for approvallish it on the Agency’s website.
Amendment 515 #
Proposal for a regulation
Article 11 – paragraph 5 – point a (new)
Article 11 – paragraph 5 – point a (new)
(a) Within the deadline set by the Agency’s request for amendments, the ENTSO for Electricity or the ENTSO for Gas shall submit the amended CBA methodology to the Agency for its approval.
Amendment 517 #
Proposal for a regulation
Article 11 – paragraph 6
Article 11 – paragraph 6
Amendment 523 #
Proposal for a regulation
Article 11 – paragraph 7
Article 11 – paragraph 7
Amendment 528 #
Proposal for a regulation
Article 11 – paragraph 8
Article 11 – paragraph 8
8. Within two weeks of the approval by the Agency or the Commission in accordance with paragraphs 5 and 6, the ENTSO for Electricity and the ENTSO for Gas shall publish their respective methodologies on their websites. They shall publish the corresponding input data and other relevant network, load flow and market data in a sufficiently accurate form in accordance with national law and relevant confidentiality agreements.
Amendment 533 #
Proposal for a regulation
Article 11 – paragraph 9 – point a (new)
Article 11 – paragraph 9 – point a (new)
(a) For projects of common interest falling under the categories included in points (1b), (1d), (2), and (4) of Annex II, methodologies for a harmonised energy system-wide cost-benefit analysis at Union level shall be elaborated. The European Commission shall assign responsibilities for developing these methodologies, which shall be compatible with the methodologies developed by the ENTSO for Electricity and the ENTSO for Gas in terms of monetised benefits and costs. The Agency, with the support of National Regulatory Authorities, shall promote consistency of these methodologies with the methodologies elaborated by ENTSO for Electricity and the ENTSO for Gas. The methodologies shall be developed in a transparent manner, including extensive consultation of Member States and of all relevantstakeholders.
Amendment 535 #
Proposal for a regulation
Article 11 – paragraph 10
Article 11 – paragraph 10
10. Every threefour years, the Agency shall lestablish and make publicly available a set of indicators and corresponding reference values for the comparison of unit investment costs for comparable projects of the infrastructure categories included in points (1), (2) and (3) of Annex II. Those reference values may be used by the ENTSO for Electricity and the ENTSO for Gas for the cost-benefit analyses carried out for subsequent Union-wide ten-year network development plans. The first of such indicators shall be published by [1 November 20223]. Infrastructure owners, system operators and third-party promoters are obliged to provide the requested data to the national regulatory authorities and to the Agency.
Amendment 541 #
Proposal for a regulation
Article 11 – paragraph 11
Article 11 – paragraph 11
11. By [31 December 2023], the ENTSO for Electricity and the ENTSO for Gas shall jointly submit to the Commission and the Agency a consistent and interlinked energy market and network model including electricity, gas, heat and hydrogen transmission infrastructure as well as storage, power plants, LNG and electrolysers, covering the energy infrastructure priority corridors and the areas drawn up in line with the principles laid down in Annex V. Where relevant, the model should take into consideration the distribution infrastructure.
Amendment 546 #
Proposal for a regulation
Article 11 – paragraph 13
Article 11 – paragraph 13
13. After approval of the consistent and interlinked model referred to in paragraph 11 by the CommissionAgency in accordance with the procedure set out in paragraphs 1 to 65, it shall be included in the methodologies referred to in paragraph 1.
Amendment 547 #
Proposal for a regulation
Article 11 – paragraph 13 a (new)
Article 11 – paragraph 13 a (new)
13 a. Every four years starting from its approval according to paragraph 13, the interlinked model shall be updated according to the procedure described in paragraphs 11 to 13.
Amendment 558 #
Proposal for a regulation
Article 12 – paragraph 1 – subparagraph 1
Article 12 – paragraph 1 – subparagraph 1
The guidelines shall define standards for a transparent, non-discriminatory and robust elaboration of the scenarios taking into account good practices in the field of network development planning. In particular, the guidelines shall include the energy efficiency first principle and. They shall also ensure that the underlying ENTSO for Electricity and ENTSO for Gas scenarios are fully in lineconsistent with the latest medium and long-term European Union decarbonisation targets and the latest available Commission scenarios.
Amendment 570 #
Proposal for a regulation
Article 12 – paragraph 4
Article 12 – paragraph 4
4. The ENTSO for Electricity and the ENTSO for Gas shall publish and submit the draft joint scenarios report to the Agency for its opinion and to the Commission for their opinionits approval.
Amendment 576 #
Proposal for a regulation
Article 12 – paragraph 5
Article 12 – paragraph 5
5. Within three months from the receipt of the draft joint scenarios report together with the input received in the consultation process and a report on how it was taken into account, the Agency shall submit its opinion including recommendations for amendments to the ENTSO for Electricity, ENTSO for gas and the Commission.
Amendment 577 #
Proposal for a regulation
Article 12 – paragraph 6
Article 12 – paragraph 6
Amendment 583 #
Proposal for a regulation
Article 12 – paragraph 7
Article 12 – paragraph 7
7. The ENTSO for Electricity and the ENTSO for Gas shall adaptCommission shall approve, amend or request amendments on their joint scenarios report, taking due account of the Agency’s opinion, in line with the Commission’s opinion and submit the updated report to the Commission for its approval referred to in paragraph 5.
Amendment 586 #
Proposal for a regulation
Article 12 – paragraph 7 – point a (new)
Article 12 – paragraph 7 – point a (new)
(a) Within the deadline set by the Commission’s request for amendments, the ENTSO for Electricity and the ENTSO for Gas shall submit the amended scenarios to the Commission for its approval.
Amendment 592 #
Proposal for a regulation
Article 13 – paragraph 1 – introductory part
Article 13 – paragraph 1 – introductory part
1. Every two years the ENTSO for Electricity and the ENTSO for Gas shall publish and submit to the Commission and the Agency the infrastructure gaps reports developed within the framework of the Union-wide ten-year network development plans.
Amendment 597 #
Proposal for a regulation
Article 13 – paragraph 1 – subparagraph 1
Article 13 – paragraph 1 – subparagraph 1
When assessing the infrastructure gaps the ENTSO for Electricity and the ENTSO for Gas shall base their analysis on all the scenarios established under Article 12, implement the energy efficiency first principle, and consider with priority all relevant non-infrastructure relatedsolutions which do not require new infrastructure to address the identified gaps. When considering new infrastructure solutions, to address the identified gaphe infrastructure gaps assessment shall take into account all relevant costs, including related network reinforcements.
Amendment 604 #
Proposal for a regulation
Article 13 – paragraph 2
Article 13 – paragraph 2
2. The ENTSO for Electricity and the ENTSO for Gas shall submit their respective draft infrastructure gaps reports to the Agency and the Commission for their opinionfor its opinion, referred to in Article 4(3)(b) of Regulation (EU) 2019/942.
Amendment 606 #
Proposal for a regulation
Article 13 – paragraph 3
Article 13 – paragraph 3
Amendment 611 #
Proposal for a regulation
Article 13 – paragraph 4
Article 13 – paragraph 4
Amendment 613 #
Proposal for a regulation
Article 13 – paragraph 5
Article 13 – paragraph 5
Amendment 630 #
Proposal for a regulation
Article 14 – paragraph 2
Article 14 – paragraph 2
2. By [31 July 2023] tThe ENTSO for Electricity, with the involvement of the relevant TSOs, the national regulatory authorities and of the Commission and in line with the agreement referred to in paragraph 1, shall develop and publish integratedintegrate within the Union-wide Ten- Year Network Development Plan developed by the ENTSO for Electricity pursuant to Article 30 of Regulation (EU) 2019/943, starting from its 2024 edition, offshore network development plans starting from the 2050 objectives, with intermediate steps for 2030 and 2040, for each sea-basin, in line with the priority offshore grid corridors referred to in Annex I, taking into account environmental protection and other uses of the sea. Those integrated offshore network development plans shall thereafter be updated every three years.
Amendment 631 #
Proposal for a regulation
Article 14 – paragraph 2
Article 14 – paragraph 2
2. By [31 July 2023] the ENTSO for Electricity, with the involvement of the relevant TSOs, the national regulatory authorities and of the Commission and in line with the agreement referred to in paragraph 1, shall develop and publish integrated offshore network development plans starting from the 2050 objectives, with intermediate steps for 2030 and 2040, for each sea-basin, in line with the priority offshore grid corridors referred to in Annex I, taking into account environmental protection and other uses of the sea. Those integrated offshore network development plans shall thereafter be updated every threewo years.
Amendment 632 #
Proposal for a regulation
Article 14 – paragraph 3
Article 14 – paragraph 3
3. The integrated offshore network development plans shall be compatible with the latest Union-wide ten-Year Network Development Plans in order to ensure coherent development of onshore and offshore grid planning providing for an adequate and reliable transmission grid for transfer of electricity onshore as well as between coastal regions, regions inland, and landlocked Member States and to provide for a stable supply of electricity to centres of consumption or energy storage facilities.
Amendment 633 #
Proposal for a regulation
Article 14 – paragraph 3
Article 14 – paragraph 3
3. The integrated offshore network development plansning shall be compatible with the latest Union-wide ten-Year Network Development Plansnsistent with Regional Investment Plans developed pursuant to Article 34 of Regulation (EU) 2019/943 in order to ensure further coherent development of onshore and offshore grid planning.
Amendment 635 #
Proposal for a regulation
Article 14 – paragraph 3
Article 14 – paragraph 3
3. The integrated offshore network development plans shall be compatiblepublished together with the latest Union-wide ten- Year Network Development Plans in order to ensure coherent development of onshore and offshore grid planning.
Amendment 637 #
Proposal for a regulation
Article 14 – paragraph 3 a (new)
Article 14 – paragraph 3 a (new)
3 a. Prior to submitting the draft integrated offshore network development plans to the Commission, the ENTSO for Electricity shall conduct an extensive consultation process involving all relevant electricity stakeholders, including the DSO entity, all offshore sector stakeholders and all the Member States that are part of the priority offshore grid corridors defined in Annex I.
Amendment 638 #
Proposal for a regulation
Article 14 – paragraph 4
Article 14 – paragraph 4
Amendment 645 #
Proposal for a regulation
Article 14 – paragraph 5
Article 14 – paragraph 5
Amendment 651 #
Proposal for a regulation
Article 14 – paragraph 6
Article 14 – paragraph 6
Amendment 658 #
Proposal for a regulation
Article 15 – paragraph 1
Article 15 – paragraph 1
1. The Commission shall develop, by means of implementing acts, principles for a specific cost-benefit an[By 1 March 2024] The Agency shall develop a Recommendation on the principles for an adapted cost-sharing methodology for the deployment of the integrated offshore network development plan referred to in Article 14(2) in accordance with the agreement referred to in Article 14(1) as part of the guidelines referred to in Article 16(10). Those implementing acts shall be adopted. The Agency shall update its recommendation when appropriate, taking into accordance with the advisory procedure referred to in Article 21(2)unt the results of the implementation of the principles.
Amendment 663 #
Proposal for a regulation
Article 15 – paragraph 2
Article 15 – paragraph 2
2. Within 12 months from the publication of the principles referred to in paragraph 1, the ENTSO for Electricity, with the involvement of the relevant TSOs, the national regulatory authorities and of the Commission, shall present the results of the application of the cost-benefit and cost-sharing methodology to the priority offshore grid corridors.
Amendment 667 #
Proposal for a regulation
Article 15 – paragraph 3
Article 15 – paragraph 3
3. Within six months from the presentation of the results as referred[By 31 July 2024 and then every two in paragraph 2years], the relevant Member States, shall update their written agreement referred to in Article 14(1) with the updated joint definition of the amount of the offshore renewable generation to be deployed within each sea basin in 2050, with intermediate steps in 2030 and 2040, and the relevant agreement to cooperate for the achievement of such amounts.
Amendment 670 #
Proposal for a regulation
Article 15 – paragraph 4
Article 15 – paragraph 4
4. Within six months fromAfter the updated written agreements referred to in paragraph 3, for each sea basin, the ENTSO for Electricity shall update the integrated offshore network development plans by following the procedure set out in Article 14(2) to (5). The procedure described in Article 14(6) shall apply.next Union-wide Ten- Year network development plans
Amendment 677 #
Proposal for a regulation
Article 16 – paragraph 1
Article 16 – paragraph 1
1. The efficiently incurred investment costs, which excludes maintenance costs, related to a project of common interest falling under the categories set out in points (1)(a), (b), (c) and (e) of Annex II and projects of common interest falling under the category set out in point (3) of Annex II, where they fall under the competency of national regulatory authorities, shall be borne by the relevant TSOgrid operators or the project promoters of the transmission or distribution infrastructure of the Member States which the project provides a net positive impact, and, to the extent not covered by congestion rents or other charges, be paid for by network users through tariffs for network access in that or those Member States.
Amendment 679 #
Proposal for a regulation
Article 16 – paragraph 2 – introductory part
Article 16 – paragraph 2 – introductory part
2. The provisions of this Article shall apply to a project of common interest falling under the categories set out in points (1)(a), (b), (c) and (e) of Annex II where at least one project promoter requests the relevant national authorities their application for the costs of the project. They shall apply to a project of common interest falling under the category set out in point (3) of Annex II, as relevant, only where an assessment of market demand has already been carried out and indicated that the efficiently incurred investment costs cannot be expected to be covered by the tariffs.
Amendment 684 #
Proposal for a regulation
Article 16 – paragraph 3 – subparagraph 1 – point a
Article 16 – paragraph 3 – subparagraph 1 – point a
(a) up-to-date project-specific cost- benefit analysis consistent with the methodology drawn up pursuant to Article 11 and taking into account benefits beyond the borders of the Member States on the territory of which the project is located by using the same scenario as used in the selection process for the elaboration of the Union list where the project of common interest is listedconsidering at least the joint scenarios established for network development planning under Article 12;
Amendment 688 #
Proposal for a regulation
Article 16 – paragraph 4 – introductory part
Article 16 – paragraph 4 – introductory part
Amendment 690 #
Proposal for a regulation
Article 16 – paragraph 4 – subparagraph 3
Article 16 – paragraph 4 – subparagraph 3
In allocating costs across borders, the relevant national regulatory authorities, in consultation with the TSOs concerned, shall seek a mutual agreement based on, but not limited to, the information specified in paragraphs 3(a) and (b). Their assessment shall be based on the same scenario as used in consider all relevant scenarios established under Article 12 and other selection process for the elaboration of the Union list where the project of common interests is listedcenarios for network development planning, allowing a robust analysis of the contribution of the project of common interest to the Union energy policy targets of decarbonisation, market integration, competition, sustainability and security of supply.
Amendment 696 #
Proposal for a regulation
Article 16 – paragraph 6 – subparagraph 1
Article 16 – paragraph 6 – subparagraph 1
In that case or upon a joint request from at least one of the relevant national regulatory authorities, the decision on the investment request including cross-border cost allocation referred to in paragraph 3 as well as the necessity for the inclusion of the cost of the investments, in its totality, as allocated across borders in the tariffs shall be taken by the Agency within three months of the date of referral to the Agency.
Amendment 698 #
Proposal for a regulation
Article 16 – paragraph 6 – subparagraph 3
Article 16 – paragraph 6 – subparagraph 3
The assessment of the Agency shall be based on the same scenario as used in consider all relevant scenarios established under Article 12 and other selection process for the elaboration of the Union list where the project of common interest is listedcenarios for network development planning, allowing a robust analysis of the contribution of the project of common interest to the Union energy policy targets of decarbonisation, market integration, competition, sustainability and security of supply.
Amendment 702 #
Proposal for a regulation
Article 16 – paragraph 10
Article 16 – paragraph 10
10. By [31 December 2022], the CommissionAgency shall adopt implementing acts containing binding guidelines to ensure uniform conditions for the implementation of this Article and the offshore grids for renewable energy cross- border cost sharing as referred to in Article 15(1). The guidelines shall also address the special situa Recommendation to identify good practices for the treatment of investment requests for Projects of Common Interests. The recommendation shall be regularly updated as found necessary and for consistency with the Recommendation ofn the offshore grids for renewable energy projects of common interest by including principles on how their cross-border cost allocation shall be coordinated with the financing, market and political arrangements of offshore generation sites connected to them. In adopting or amending the guidelines, the Commission shall consult ACER, the ENTSO for Electricity, the ENTSO for Gas, and, where relevant, other stakeholders. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 21(2)cross-border cost sharing as referred to in Article 15(1). In adopting or amending the Recommendation, the Agency shall carryout an extensive consultation process, involving all relevant stakeholders.
Amendment 706 #
Proposal for a regulation
Article 16 – paragraph 10 – point a (new)
Article 16 – paragraph 10 – point a (new)
(a) Projects of mutual interest shall be assimilated with projects of common interest and be eligible for cross-border cost allocation decisions for the part of the investment costs located on the territory of the Union or in countries applying the EU acquis and which have concluded an agreement with the Union
Amendment 710 #
Proposal for a regulation
Article 17 – paragraph 2
Article 17 – paragraph 2
2. In their decision granting the incentives referred to in paragraph 1, national regulatory authorities shall consider the results of the cost-benefit analysis on the basis of the methodology drawn up pursuant to Article 11 and in particular the regional or Union-wide positive externalities generated by the project. The national regulatory authorities shall further analyse the specific risks incurred by the project promoters, the risk mitigation measures taken and the justification of the risk profile in view of the net positive impact provided by the project, when compared to a lower-risk alternative. Eligible risks shall in particular include risks related to new transmission and distribution technologies, both onshore and offshore, risks related to under-recovery of costs and development risks.
Amendment 729 #
Proposal for a regulation
Article 18 – paragraph 2 – point a
Article 18 – paragraph 2 – point a
(a) thea project specific cost-benefit analysis pursuant toaccording to the cost benefit analysis methodology in Article 16(3)(a)1 provides evidence concerning the existence of significant positive externalities, such as security of supply, system flexibility, solidarity, sustainability or innovation;
Amendment 733 #
Proposal for a regulation
Article 18 – paragraph 2 – point b
Article 18 – paragraph 2 – point b
(b) the project has receivedevidence listed in point (a) have been identified jointly by the concerned national regulatory authorities where the project falls under their competence, including via a cross- border cost allocation decision pursuant to Article 16 if adopted or, as regards projects of common interest falling under the category set out in point (3) of Annex II, where they do not fall under the competency of national regulatory authorities, and therefore they do not receive a cross- border cost allocation decision, the project aims at providing services across borders, bring technological innovation and ensure the safety of cross-border grid operation;
Amendment 735 #
Proposal for a regulation
Article 18 – paragraph 2 – point c a (new)
Article 18 – paragraph 2 – point c a (new)
(c a) (c)(a) the implementation of the project may raise affordability issues according assessments carried out in particular by the national regulatory authority.
Amendment 737 #
Proposal for a regulation
Article 18 – paragraph 4
Article 18 – paragraph 4
4. Projects of common interest falling under the categories set out in points (1)(d), (2) and (5) of Annex II shall also be eligible for Union financial assistance in the form of grants for works, where the concerned project promoters can clearly demonstrate significant positive externalities, such as security of supply, system flexibility, solidarity, sustainability or innovation, generated by the projects and provide clear evidence of their lack of commercial viability, in accordance with the cost- benefit analysis, the business plan and assessments carried out, in particular by potential investors or creditors or, where applicable,or where the project may raise affordability issues, according to assessments carried out by a national regulatory authority.
Amendment 764 #
Proposal for a regulation
Article 25 – paragraph 1 – point a (new)
Article 25 – paragraph 1 – point a (new)
(a) The following Article 8(13) is added to Regulation (EC) 715/2009: ‘13. By 31 March 2023, the Agency shall publish guidelines, which shall be followed by European Network of Transmission System Operators for Gas, for the development of the draft Union- wide network development plan referred to in point (b) of paragraph 3. The guidelines shall be regularly updated, as found necessary. The Agency shall be entitled to issue binding amendment requests on the draft Union-wide network development plan referred to in point (b) of paragraph 3.’
Amendment 766 #
Proposal for a regulation
Article 26 – paragraph 1 a (new)
Article 26 – paragraph 1 a (new)
Amendment 768 #
Proposal for a regulation
Article 27 – paragraph 1 a (new)
Article 27 – paragraph 1 a (new)
Article 51(1) of Directive (EU) 2019/944 is replaced by the following: ‘1.Every two years, all transmission system operators of a Member State, regardless of their unbundling regime as set out in Sections 1, 2 and 3 above, shall submit to the regulatory authority, in a joint way, a ten-year network development plan based on existing and forecast supply and demand after having consulted all the relevant stakeholders.That network development plan shall contain efficient measures in order to guarantee the adequacy of the system and the security of supply.The transmission system operator shall publish the ten-year network development plan on its website.The regulatory authority shall review the draft ten-year network development plan and approve it. Before its approval, it may require the transmission system operator to amend its ten-year network development plan.’ Article51(2) is replaced by the following:‘ 2.The ten-year network development plan shall in particular (a) indicate to market participants the main transmission infrastructure that needs to be built or upgraded over the next ten years; (b) contain all the investments already decided and identify new investments which have to be executed in the next three years; (c) contain all investments which are planned in the next 10 years;and (d) provide for a time frame for all investment projects.
Amendment 770 #
Proposal for a regulation
Article 28 – paragraph 1 a (new)
Article 28 – paragraph 1 a (new)
Point (c)of Article 48(1) of Regulation (EC) 2019/943 is replaced by the following:‘ (c)identify investment gaps, in particular with respect to cross-border capacities, by analysing target values in MW for transfer capacity at bidding zone boundaries.’ The following Article 48(3) is added to Regulation (EC) 2019/943:‘ 3. By 31 March 2023, ACER shall publish guidelines, which shall be followed by European Network of Transmission System Operators for Electricity, for the development of the draft Union-wide network development plan referred to in Article 30(1) of Regulation (EU) 2019/943. The guidelines shall be regularly updated, as necessary. ACER shall be entitled to issue binding amendment requests on the draft Union- wide network development plan referred to in Article 30(1) of Regulation (EU) 2019/943.’
Amendment 772 #
Proposal for a regulation
Annex I – Part 1 – title
Annex I – Part 1 – title
1 PRIORITY ELECTRICITY CORRIDOR(1) Electricity onshore and offshore grid interconnections in Europe: interconnections between Member States, offshore electricity grid development and internal grid infrastructures to integrate electricity from renewable energy sources and to foster market integration. Member States concerned: all;
Amendment 777 #
Proposal for a regulation
Annex I – Part 1 – point 3 – paragraph 1
Annex I – Part 1 – point 3 – paragraph 1
Member States concerned: Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Netherlands Poland and Sweden.
Amendment 778 #
Proposal for a regulation
Annex I – Part 2
Annex I – Part 2
Amendment 779 #
Proposal for a regulation
Annex I – Part 2 – point 4 – introductory part
Annex I – Part 2 – point 4 – introductory part
(4) Northern Seas offshore grids (‘NSOG’): integrated offshore electricity and hydrogen grids development and the related interconnectors in the North Sea, the Irish Sea, the English Channel and neighbouring waters to transport electricity and hydrogen from renewable offshore energy sources to centres of consumption and storage and to increase cross-border electricitrenewable energy exchange.
Amendment 780 #
Proposal for a regulation
Annex I – Part 2 – point 5 – introductory part
Annex I – Part 2 – point 5 – introductory part
(5) Baltic Energy Market Interconnection Plan offshore grids (‘BEMIP offshore’): integrated offshore electricity and hydrogen grids development and the related interconnectors in the Baltic Sea and neighbouring waters to transport electricity and hydrogen from renewable offshore energy sources to centres of consumption and storage and to increase cross-border electricitrenewable energy exchange.
Amendment 781 #
Proposal for a regulation
Annex I – Part 2 – point 6 – introductory part
Annex I – Part 2 – point 6 – introductory part
(6) South and East offshore grids: integrated offshore electricity and hydrogen grids development and the related interconnectors in the Mediterranean Sea, Black Sea and neighbouring waters to transport electricity and hydrogen from renewable offshore energy sources to centres of consumption and storage and to increase cross-border electricitrenewable energy exchange.
Amendment 785 #
Proposal for a regulation
Annex I – Part 2 – point 7 – introductory part
Annex I – Part 2 – point 7 – introductory part
(7) South Western Europe offshore grids: integrated offshore electricity and hydrogen grids development and the related interconnectors in the North Atlantic Ocean waters to transport electricity and hydrogen from renewable offshore energy sources to centres of consumption and storage and to increase cross-border electricitrenewable energy exchange.
Amendment 788 #
Proposal for a regulation
Annex I – Part 3 – title
Annex I – Part 3 – title
3 PRIORITY ELECTRICITY CORRIDOR(8) Electricity onshore and offshore grid interconnections in Europe: interconnections between Member States, offshore electricity grid development and internal grid infrastructures to integrate electricity from renewable energy sources and to foster market integration. Member States concerned: all;
Amendment 804 #
Proposal for a regulation
Annex I – Part 4 – point 11 – introductory part
Annex I – Part 4 – point 11 – introductory part
(11) Smart electricity grids deployment: adoption of smart grid technologies across the Union to efficiently integrate the behaviour and actions of all users connected to the electricity network, in particular the generation of large amounts of electricity from renewable or distributed energy sources and, demand response by consumers, energy storage and other flexibility sources.
Amendment 805 #
Proposal for a regulation
Annex I – Part 4 – point 11 – introductory part
Annex I – Part 4 – point 11 – introductory part
(11) Smart electricity grids deployment: adoption of smart grid technologies across the Union to efficiently integrate the behaviour and actions of all users connected to the electricity network, in particular the generation of large amounts of electricity from renewable or distributed energy sources and demand response by consumers, energy storage.
Amendment 816 #
Proposal for a regulation
Annex I – Part 4 – point 13 a (new)
Annex I – Part 4 – point 13 a (new)
(13 a) District Heating and Cooling:Upgrading and consolidation of district heating and district cooling networks to ensure a decarbonised supply of heat and cold and increase these sectors, as well as applying the energy efficiency first principle and sector integration through the use of waste heat and increasing flexibility for the energy system through power-to-heat. Member States concerned: all
Amendment 826 #
Proposal for a regulation
Annex II – paragraph 1 – point 1 – point b
Annex II – paragraph 1 – point 1 – point b
(b) electricitnergy storage facilities used for storing electricitnergy on a permanent or temporary basis in above-ground or underground infrastructure or geological sites, provided they are directly connected to high-voltage transmission lines designed for a voltage of 110 kV or more; deferring the final use of electricity to a later moment than when it was generated or the conversion of electrical energy into a form of energy which can be stored, the storing of that energy, and the subsequent reconversion of that energy back into electrical energy or use as another energy carrier;
Amendment 841 #
Proposal for a regulation
Annex II – paragraph 1 – point 2 – point a
Annex II – paragraph 1 – point 2 – point a
(a) any of the following equipment or installation aiming at enabling and facilitating the integration of renewable and low-carbon gases with a carbon threshold of which the life cycle greenhouse gas emissions savings requirement of 70 % relative to a fossil fuel comparator of 94g CO2e/MJ as set out in Article 25(2) and Annex V of Directive (EU) 2018/2001 of the European Parliament and of the Council. Life cycle greenhouse gas emissions savings are calculated using the methodology referred to in Article 28(5) of Directive (EU)2018/2001 or, alternatively, using ISO 14067 or ISO 14064-1 taking into account the carbon intensity of the electricity in the country of production for electricity use. Quantified life-cycle GHG emission savings are verified in line with Article 30 of Directive (EU) 2018/2001 where applicable, or by an independent third party, (including biomethane or hydrogen) into the network: digital systems and components integrating ICT, control systems and sensor technologies to enable the interactive and intelligent monitoring, metering, quality control and management of gas production, transmission, distribution and consumption within a gas network. Furthermore, such projects may also include equipment to enable reverse flows from the distribution to the transmission level and related necessary upgrades to the existing network.
Amendment 856 #
Proposal for a regulation
Annex II – paragraph 1 – point 3 – point a
Annex II – paragraph 1 – point 3 – point a
(a) transmission pipelines for the transport of hydrogen, giving access to multiple network users on a transparent and non-discriminatory basis, which mainly contains high-pressure hydrogen pipelines, for hydrogen in gaseous or liquid state, excluding pipelines for the local distribution of hydrogen;
Amendment 860 #
Proposal for a regulation
Annex II – paragraph 1 – point 3 – point a
Annex II – paragraph 1 – point 3 – point a
(a) transmissionhigh-pressure pipelines for the transport of hydrogen, giving access to multiple network users on a transparent and non-discriminatory basis, which mainly contains high-pressure hydrogen pipelines, excluding pipelines for the local distribution of hydrogen;
Amendment 873 #
(c a) storage facilities connected to the electricity networks that enable integration with electricity sectors, enabling the operations of the energy systems across multiple energy carriers ;
Amendment 911 #
Proposal for a regulation
Annex II – paragraph 1 – point 5 – point b a (new)
Annex II – paragraph 1 – point 5 – point b a (new)
(b a) equipment and infrastructure within a geological formation used for the permanent geological storage of carbon dioxide pursuant to Directive 2009/31/EC and associated surface and injection facilities;
Amendment 912 #
Proposal for a regulation
Annex II – paragraph 1 – point 5 a (new)
Annex II – paragraph 1 – point 5 a (new)
(5 a) concerning district heating and cooling: district heating and cooling systems meeting the following criteria: (a) at least 1000 MW installed capacity for heating or 100 MW installed capacity for cooling, (b) existence of a district heating network for the transport of hot steam or water or a distribution network for the transport of chilled liquids in at least one of the following categories: low cooling temperature (5-25 degrees Celsius), low temperature (30-40 degrees Celsius), average temperature (40-90 degrees Celsius) or high temperature (from 100 degrees Celsius), (c) heat generators producing heat or waste heat that can be injected in the district heating network pursuant to the definition of ‘waste heat and cold’ of (EU) 2018/2001; ‘highly efficient cogeneration of (EU) 2012/27, geothermal energy, heat pumps or bioenergy;
Amendment 934 #
Proposal for a regulation
Annex III – Part 2 – point 4
Annex III – Part 2 – point 4
(4) as of 1 January 2024, the proposed hydrogen projects of common interest falling under the categories set out in point (3) of Annex II are projects that are part of the latest available Union-wide ten-year network development plan for gas, developed by the ENTSO for Gas pursuant Article 8 of Regulation (EC) No 715/2009 with the participation and close cooperation of hydrogen project promoters, and subject to the Agency opinion referred to in Article 4(3)(b) of Regulation EU (2019/942).
Amendment 938 #
Proposal for a regulation
Annex III – Part 2 – point 5 – introductory part
Annex III – Part 2 – point 5 – introductory part
(5) by 30 June 2022 and, subsequently, for every Union-wide ten-year net work development plans, the ENTSO for Electricity and ENTSO for GasAgency shall issue updated guidelines for inclusion of projects in their respective Union-wide ten-year network development plans, referred to in points (3) and (4), in order to ensure equal treatment and transparency of the process. For all the projects included in the Union list of projects of common interest in force at the time, the guidelines shall define a simplified process of includata provision infor the Union-wide ten- year network development plans by automatic inclusion taking into account the documentation and data already submitted during the previous Union-wide ten-year network development plan processes as long as the information therein remains valid.
Amendment 946 #
Proposal for a regulation
Annex III – Part 2 – point 11
Annex III – Part 2 – point 11
(11) the Group shall meet to examine and rank the proposed projects based on a transparent assessment of the projects, using the criteria set out in Article 4taking into account the assessment of the regulators, or the assessment of the Commission for projects not falling within the competency of national regulatory authorities.
Amendment 953 #
Proposal for a regulation
Annex IV – point 1 – point a
Annex IV – point 1 – point a
(a) for electricity transmission, the project increases theor ensures maintained grid transfer capacity, or the capacity available for commercial flows, at the border of that Member State with one or several other Member States, having the effect of increasing the cross- border grid transfer capacity at the border of that Member State with one or several other Member States, by at least 500 Megawatt compared to the situation without commissioning of the project;
Amendment 955 #
Proposal for a regulation
Annex IV – point 1 – point a
Annex IV – point 1 – point a
(a) for electricity transmission, the project increases the grid transfer capacity, or the capacity available for commercial flows, at the border of that Member State with one or several other Member States, having the effect of increasing the cross- border grid transfer capacity at the border of that Member State with one or several other Member States, by at least 5200 Megawatt compared to the situation without commissioning of the project;
Amendment 980 #
Proposal for a regulation
Annex IV – point 1 – point g a (new)
Annex IV – point 1 – point g a (new)
(g a) for district heating and cooling the project has at least 1000 Megawatt heat production capacity or 100 Megawatt cooling capacity.
Amendment 983 #
Proposal for a regulation
Annex IV – point 2 – point a
Annex IV – point 2 – point a
(a) for projects of mutual interest in the category set out in point (1)(a) and (e) of Annex II, the project increases theor ensures maintained grid transfer capacity, or the capacity available for commercial flows, at the border of that Member State with one or more third countries and brings significant benefits, under the specific criteria listed in in Article 4(3), to at least two Member States. The calculation of the benefits for the Member States shall be performed and published by the ENTSO for Electricity in the frame of Union-wide ten-year network development plan;
Amendment 998 #
Proposal for a regulation
Annex IV – point 3 – point a – point i
Annex IV – point 3 – point a – point i
(i) calculating, for cross-border projects and reinvestment projects, the impact on the grid transfer capability in both power flow directions, measured in terms of amount of power (in megawatt), and their contribution to reaching the minimum 15% interconnection target, for projects with significant cross-border impact, the impact on grid transfer capability at borders between relevant Member States, between relevant Member States and third countries or within relevant Member States and on demand- supply balancing and network operations in relevant Member States;
Amendment 999 #
Proposal for a regulation
Annex IV – point 3 – point a a (new)
Annex IV – point 3 – point a a (new)
(a a) level of sustainability measured as the greenhouse gas emission savings ;
Amendment 1002 #
Proposal for a regulation
Annex IV – point 3 – point b – point ii
Annex IV – point 3 – point b – point ii
(ii) or electricitnergy storage, comparing new capacity provided by the project with total existing capacity for the same storage technology in the area of analysis as defined in Annex V;
Amendment 1004 #
Proposal for a regulation
Annex IV – point 3 – point b – point ii a (new)
Annex IV – point 3 – point b – point ii a (new)
(ii a) the contribution to the reduction of greenhouse gas emissions.
Amendment 1018 #
Proposal for a regulation
Annex IV – point 5 – point b
Annex IV – point 5 – point b
(b) market integration and interoperability measured by calculating the additional value of the project to the integration of market areas and price convergence, to the overall flexibilitysignificantly increasing existing cross-border hydrogen transport capacity at a border between two Member States compared to the situation prior to the commissioning of the system.project
Amendment 1020 #
Proposal for a regulation
Annex IV – point 5 – point c
Annex IV – point 5 – point c
Amendment 1033 #
Proposal for a regulation
Annex IV – point 6 – point c
Annex IV – point 6 – point c
(c) facilitation of smart energy sector integrationenabling flexibility services such as demand response and storage by facilitation of smart energy sector integration through the creation of links to other energy carriers and sectors, measured by assessing the cost savings enabled in connected energy sectors and systems, such as the heat and power system, transport and industry.
Amendment 1044 #
Proposal for a regulation
Annex V – paragraph 1
Annex V – paragraph 1
The cost-benefit analysis methodologies developed by the ENTSO for Electricity, the ENTSO for Gas and other parties should be consistent, whilst taking into account sectorial specificities. The methodology for a harmonised energy system-wide cost-benefit analysis for projects of common interest shall satisfy the following principles.
Amendment 1051 #
Proposal for a regulation
Annex V – point 4
Annex V – point 4
(4) it shall give guidance for the development and use of network and market modelling necessary for the cost- benefit analysis. The modelling shall allow for a full assessment of economic, including market integration, security of supply and competition, social and environmental and climate impacts, including the cross-sectorial impacts. The methodology shall be fully transparent to all project promoters and include details on why, what and how each of the benefits and costs are calculated.
Amendment 1058 #
Proposal for a regulation
Annex V – point 7
Annex V – point 7
(7) it shall, at least, take into account the capital expenditure, operational and maintenance expenditure costs over the assessment lifecycle of the project and decommissioning and waste management costs, where relevant. The methodology shall give guidance on discount rates, assessment lifetime and residual value to be used for the cost- benefit calculations. . It shall furthermore include a Benefit-to- Cost ratio and a Net Present Value.