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ECA, together with WSUP Advisory and Aquaconsult, has been selected to assist and support the Lusaka Water and Sewerage Company in developing its onsite sanitation and faecal sludge management market and business plan. ECA is leading the political economy assessment and financial analysis of various options for onsite sanitation market models. We will then contribute to the design of market and contractual structure of onsite sanitation service provision, and will assist in the development of the FSM business plan based on selected structure. ECA will also participate in consultative workshops and discussions with LWSC and other stakeholders.
William Derbyshire and Nick Haralambopoulos have completed a capacity building workshop for staff at the Malaysian Energy Regulator. The workshop, on benchmarking productivity and the efficiency of electricity distribution companies, is part of our ongoing advice on regulatory accounts audit and review of electricity tariffs.
CCWater commissioned ECA to make an independent recommendation of what the cost of capital should be for 2020-25. The study looked at the financial markets, cost of capital decisions made in other regulated sectors, and water companies’ financial performance, including historical data and future forecasts. It concluded that Ofwat should set a WACC between 1.8% to 2.5%. Read CCWater’s announcement HERE and download our report HERE.
ECA has been engaged to support the Green Mini-Grids Market Development Programme (Phase 2) implemented by the African Development Bank. More specifically, ECA will develop the Access to Finance component, which includes: designing a Results-Based Financing (grants) facility in support of mini-grid rural consumer connections; designing a training program for commercial banks interested in implementing green credit lines (debt) to finance mini-grid projects; conducting a study of potential supplier and export credit arrangements and the promotion of local manufacturing. This assignment will be carried out over 12 months, starting in November 2017.
Agence Française de Développement assisted the Government of Ethiopia to set up a 120 MW wind farm at Ashegoda in the Tigray region in the north of the country over the period 2006-2014. ECA has been selected to carry out an ex-post evaluation of the project, applying the standard OECD-DAC criteria (relevance, effectiveness, efficiency, impact and sustainability) plus an assessment of the value added of AFD’s intervention.
ECA has teamed with Castlerock Consulting to deliver a training course on electricity tariffs to the Fiji Competition and Consumer Commission. The training is part of a larger Asian Development Bank (ADB) funded project to provide technical assistance, to the Government of Fiji, on the development of an electricity sector investment planning framework and preparation of a national electrification plan.
Standard economics begins with the assumption that we behave rationally and in our own interests. We seek to maximise utility, which is often equated with maximising monetary gain. Behavioural economists challenge this by identifying areas where observed behaviour does not correspond to the standard predictions. In this viewpoint, we look beyond the standard monetary incentives in the water sector and draw key lessons from behavioural economics, which policymakers should be aware of. READ ECA VIEWPOINT HERE
ECA is extending its support to the Ministry of Mining and Energy in Serbia for the development of energy efficiency (EE) policies targeting the reduction in end-use energy consumption. Such policies include the considered design of a potential Energy Efficiency Obligation scheme for utilities. The work is being undertaken as part of EBRD’s Regional Energy Efficiency Programme (Plus) managed by ECA.
Under the auspices of EBRD’s Regional Energy Efficiency Programme (Plus) managed by ECA, we have been appointed together with partners BRE to support the Ministry of Infrastructure and Energy to harmonise and implement a subset of its secondary legislation with the requirements of the EU’s Energy Performance of Buildings Directive (EPBD). This follows from previous assistance with developing the corresponding primary law, which was adopted by Albania in November 2016.
ECA is leading a renewable energy project in Mozambique with 2 major components; (1) Implementation of the new Feed-in Tariff (FiT) regime for on-grid renewable energy, (2) Creation of a regulatory framework for mini-grids. We will coordinate deliverables from technical partners (3E and Carbon Africa) while ourselves developing standardised power purchase agreements for on-grid generators and providing a mini-grid tariff structure and model.