ECONOMIC CONSULTING ASSOCIATES

ECA REGIONS / CIS & CENTRAL ASIA

ECA has carried out a variety of projects in this region covering natural gas network development, gas-to-power, electricity and gas market analysis, market designs and energy sector/company restructuring. Our experience also has included regional energy studies and, more recently, a focus on renewable energy projects covering, economics, financing and regulatory frameworks.

RECENT PROJECTS INCLUDE >>

RECENT PROJECTS INCLUDE >>

Renewable energy feed-in tariffs, Kazakhstan

The concern was that with inflation running high in Kazakhstan, the feed-in tariffs will become unsustainable in social terms due to the burden added to the electricity tariff. We were assigned by the EBRD to look at modelling the social impact of these renewable energy feed-in tariffs.

Unbundling options for transmission and storage system operation, Ukraine

The aim of this assignment was to support the Government of Ukraine and Naftogaz with assessing the unbundling options for the transmission and storage business lines and developing a feasible and reasonable implementation plan for the restructuring model that the Government was to choose based on the assessment. This evaluation entailed ensuring conformity with the EU’s 3rd energy package.

Network infrastructure regulatory development, Kazakhstan 

On behalf of Agency for the Regulation of Natural Monopolies (AREM), ECA reviewed the approaches to regulation of the power and heat sectors, plus the overall institutional and legal framework for the regulation of natural monopolies. This included an assessment of the effectiveness of the existing processes used and a comparison of methodologies applied against international best practice. The assessment was used to identify legal amendments and changes to the existing methodologies required to reduce regulatory risk and increase investor confidence.