
Gas Transmission Assets Overview
Gain insight into the regulated value and depreciation of tangible and intangible assets related to gas transmission activities for the period 01.10.2023 - 30.09.2024. Explore the breakdown of asset groups, including constructions, technological equipment, and more, with approved Capex structures and incentives for invested capital.
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Parameters used on revenue aproval for period 01.10.2023- 30.09.2024 Types of assets included in the RAB and their value calculated at the beginning of the fourth regulatory period, according to Annex 1 to ANRE Order 41/2019 Regulated value related to the gas transmission activity (RON) Tangible/intangible assets Group 1 Constructions 5.718.790.623,94 135.231.072,16 22.962.291,31 5.192.790.263,21 Subgroup 1.1 Buildings Subgroup 1.2 Light constructions Subgroup 1.3 Main pipelines Subgroup 1.4 Wells for injection/extraction of gas from underground storages 2.766.604,47 4.501.943,72 1.997,43 360.536.451,63 Subgroup 1.5 Steel distribution pipelines Subgroup 1.6 Polyethylene distribution pipelines Subgroup 1.7 Other constructions Group 2 Technological equipment, machinery and work equipment 319.848.354,59 Group 3 Measuring, control and regulation devices and installations 173.959.441,51 Subgroup 3.1 Diaphragm meters, ultrasonic meters, other deprimogenous systems 4.642.815,42 11.874.183,01 Subgroup 3.2 Rotary pistons meter, turbine meters Electronic converters, flow meters, other measurement, control and regulation devices and installations Transportation means Subgroup 3.3 157.442.443,07 15.893.585,24 Group 4 Group 5 Other tangible and intangible assets 79.176.815,43 3.281.439,06 6.310.950.259,76 Group 6 Lands TOTAL
Parameters used on revenue aproval for period 01.10.2023-30.09.2024 Capex structure approved for period oct.2023-sept.2024 Capex structure oct.2023-sept.2024 (thousand RON) 2 No. 0 1 2 * Indicator 1 Depreciation Profit TOTAL CAPEX 391.945,87 457.880,51 849.826,37 Starting with 13.05.2020 the return on invested capital was set to 6,39% For the capital invested in tangible / intangible assets put into operation in the fourth regulatory period, which are objectives of the NTS, is an incentive worth 1 percentage point above the regulated rate of return For investments in tangible and intangible assets, put into operation within the fourth regulatory period, which are objectives of the natural gas transmission system, made from own funds in projects in which European non- reimbursable funds were attracted, is an incentive of 2 percentage points above the approved rate of return on invested capital. This provision does not apply to investments in tangible and intangible assets made following the development of investment projects related to Regulation (EU) no. 347/2013. The methodology for determination of the initial value of the assets is described in Annex no.2 to the Methodology approved by ANRE Order no.41/2019
Parameters used on revenue aproval for period 01.10.2023-30.09.2024 The depreciation periods and the depreciation value of the assets included in the asset base established at the beginning of the fourth regulatory period according to Annex 1 to ANRE Order 41/2019 Regulated depreciation period Regulated depreciation (RON) Tangible/intangible assets Group 1 Constructions 271.486.871,85 7.677.751,36 3.558.121,51 212.529.926,16 Subgroup 1.1 Buildings 50 Subgroup 1.2 Light constructions 10 Subgroup 1.3 Main pipelines 40 Subgroup 1.4 Wells for injection/extraction of gas from underground storages 25 283.532,36 179.174,16 Subgroup 1.5 Steel distribution pipelines 30 72,15 Subgroup 1.6 Polyethylene distribution pipelines 40 47.258.294,14 Subgroup 1.7 Other constructions 10 Group 2 Technological equipment, machinery and work equipment 10 52.478.363,88 41.727.545,07 Group 3 Measuring, control and regulation devices and installations Subgroup 3.1 Diaphragm meters, ultrasonic meters, other deprimogenous systems 20 391.279,42 1.321.360,28 Subgroup 3.2 Rotary pistons meter, turbine meters 15 Electronic converters, flow meters, other measurement, control and regulation devices and installations Transportation means Subgroup 3.3 10 40.014.905,37 6.311.008,44 Group 4 7 Group 5 Other tangible and intangible assets 7 19.172.569,75 25.328,99 391.201.687,99 Group 6 Lands TOTAL
Parameters used on revenue aproval for period 01.10.2023-30.09.2024 (iii) OPEX approved for October 2023-September 2024 amount to RON 944.425,68 thousand (iv) Pass-through costs approved for October 2021-September 2022 amount to RON 98.458,81 thousand (v) Incentive mechanisms and efficiency targets Boosting efficiency is achieved by the adjustment of operating costs. According to the methodology, operating costs are established in the first year of a regulatory period and are adjusted in the subsequent years of the regulatory period with the difference between the inflation rate and the annual rate of gas transmission economic efficiency increase. The rate of gas transmission economic efficiency increase reflects ANRE`s estimations regarding possible OPEX savings, without the technological consumption costs, which may be achieved in a year of the regulatory period to improve the economic performance of the licence holder and is established depending on the efficiency target set for a regulatory period. The rate of gas transmission economic efficiency increase ensures a transfer of economic efficiency in favour of the consumers. The rate of gas transmission economic efficiency increase established by ANRE Order 64/2019 for each year of the fourth regulatory period is 1,5%. The inflation rate approved for October 2023-September 2024 is 4,75.