Data and Methodology for Gas Investments

Alexia Barakou

Overview

The total investment planned or under construction is 104.5 billion Euros. The breakdown is as follows:

  • Pipelines: 52.2 billion Euros
  • Gas power plants: 35.4 billion Euros
  • LNG terminals: 16.9 billion Euros

Gas power plants

In Europe (EEA + UK), gas power plants are currently operating with a joint capacity of 182.8 Giga Watts (GW) of electricity. The currently planned and proposed plants have a joint capacity of 40.6 GW. This would be an addition of 22.2%.

LNG Terminals

In Europe (EEA + UK), LNG terminals are currently operating with a joint capacity of 212.7 billion cubic metres per year of gas imports. The currently planned and proposed plants have a joint capacity of 116 billion cubic metres per year. This would be an addition of 54.5%.

Pipelines

We do not have reliable data on the amount of existing pipelines. However, we do have the total length of proposed pipelines within EEA + UK: 12,844 km, worth an investment of 52.2 billion Euros.

Gas exploration and extraction

There are new projects underway. The one project currently under construction is the Dvalin Gas Field, which is expected to start projection still this year.

Investments in Euro          
New gas infrastructure projects planned or in construction.          
Country sum (million Euro) pipelines (million Euro) gas power plants (million Euro) LNG terminals (million Euro) investments per capita (in Euro)
Austria 503 503 0 0 58
Belgium 0 0 0 0 0
Bulgaria 1559 1559 0 0 218
Croatia 2526 1628 675 223 603
Czechia 688 688 0 0 65
Denmark 2552 2552 0 0 447
Estonia 3780 2598 0 1182 2873
Finland 183 183 0 0 33
France 2581 0 626 1955 39
Germany 13971 4472 5733 3766 170
Greece 12576 8948 3106 522 1166
Hungary 1383 555 828 0 141
Ireland 2367 106 45 2216 501
Italy 10357 3655 5247 1455 171
Latvia 1367 939 0 428 694
Lithuania 258 258 0 0 89
Malta 176 176 0 0 391
Netherlands 727 0 0 727 43
Poland 11761 6646 3949 1165 310
Portugal 559 559 0 0 54
Romania 10758 9529 1228 0 544
Slovakia 272 272 0 0 50
Slovenia 2022 1907 115 0 979
Spain 2386 1258 0 1128 51
Sweden 1702 1557 0 145 173
United Kingdom 15640 0 13848 1792 239
Cyprus 1829 1624 0 205 2157
Norway 0 0 0 0 0

Methodology

Pipeline data: all pipeline data relating to length and costs was taken from Global Energy Monitor (GEM)

LNG Terminal data: Industry associations’ data was used for existing, under-construction and planned terminals. We applied average costs per capacity per industry standard, with different costs for floating and land-based terminals.

Gas Power Plant data: We took GEM data and multiplied it with industry standard averages for installed capacity, depending on whether the plant in question uses combined cycle or open cycle technology.

Exploration and Extraction: Unfortunately no detailed quantitative data was available.

Sources

  • Pipeline data (length and costs for planned and under-construction pipelines): Global Energy Monitor (NGO) report: ‘Gas at a Crossroads’ (pp 4, 11, 12).
  • LNG Terminal capacity (existing and planned): Gas Infrastructure Europe version October 2019 (most up-to-date information available as of October 2020).
  • LNG Terminal costs: International Gas Union ‘World LNG Report’  (pp. 53- 54). (Giving 129 USD per tonne per year (floating), 274 USD per tonne per year (land-based)). No comparable mention is made in the 2019 and 2020 reports. Inspired by Europe Gas Report Methodology Notes.
  • Gas Power Plants (existing and planned capacity): Global Energy Monitor updated data per private communication from August 2020.
  • Gas Power Plants costs: IEA World Energy Outlook 2019, 2017: Combined cycle: 1 million USD per MW capacity; based on IEA World Energy Outlook 2019. Open cycle: 500 000 USD per MW capacity; based on IEA World Energy Outlook 2017, because that was the most recent edition of that report that cited a cost for open-cycle gas power plants
  • Assumed exchange value of the US Dollar: $1 = €0.9.

If you would like to use the map, here is the embed code to use. Please also link our investigation on the Gas Trap.


The production of this investigation was supported by a grant from the Investigative Journalism for Europe (IJ4EU) fund.