ECONOMIC CONSULTING ASSOCIATES

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We like to play hard too…

We like to play hard too…

As part of what now has become an annual tradition, ECA staff hosted an ‘events’ week to bring staff together for working lunches, plus social and team-building events. We kicked-off with an evening 6-a-side football match that resulted in many eager participants and a high-scoring 11-8 score line. The following day all staff participated in a 7-team challenge with a multiplayer, augmented reality adventure using virtual reality pads around the streets of St. Paul’s in London – more high scoring with the winning team achieving one of the top 5 scores ever recorded by the gaming host company. Other events included a bouldering activity (for the climbing enthusiasts amongst us), and to close the week a day’s relaxed cycle ride from Bristol to Bath held on the weekend. Needless to say, there was plenty of food and drink provided to reward all the team’s activities and achievements.

ECA welcomes Rosie to the team

ECA welcomes Rosie to the team

This month we welcome our new consultant – Rosie Read. Rosie has 12 years’ experience in the energy and utility sector, with work spanning market design fundamentals, regulatory advisory, developing strategic market models, hydro-optimisation, trading, investment analysis, audit and assurance and market operations. Rosie holds a MCom from the University of Canterbury, where her specialisation was operations research. She joins us from Meridian Energy, a New Zealand  generator-retailer, where she spent time working both as an energy modelling analyst in the strategy and finance team, and experiencing the operational challenges of hands-on energy trading.

Review of rooftop solar pricing in Fiji

Review of rooftop solar pricing in Fiji

Energy Fiji Limited has contracted ECA to provide advice on the implementation of a new rooftop solar policy, including the calculation of cost-reflective customer charges.

ECA Viewpoint – Lebanon power, the time for action is now

ECA Viewpoint – Lebanon power, the time for action is now

For years, Lebanon’s national power utility has not had enough capacity to meet demand and has had high costs and low tariffs. Reducing the resulting fiscal burden is a high priority for the Government. Solutions exist, but they will take several years to fully implement. Will Government commit to those solutions? Or will it yield to more immediate pressures and in doing so jeopardise the sustainable solutions? READ ECA VIEWPOINT HERE

Malaysia’s first gas regulatory period

Malaysia’s first gas regulatory period

After successfully assisting Malaysia’s Energy Commission, Suruhanjaya Tenaga, to develop the guidelines required for the determination of gas facilities tariff under an Incentive-Based Regulation (IBR) Framework, ECA has been contracted to assist in facilitating the submissions of licensees and preparing the responses as part of the first regulatory period which will determine the allowed tariff for the utilisation of gas facilities.

ECA presents at the ERRA gas transmission tariff setting workshop

ECA presents at the ERRA gas transmission tariff setting workshop

ECA Director, Nick Haralambopoulos was one of the instructors at the first Educational Workshop organised by the Energy Regulators Regional Association on Gas Transmission Tariff Setting in Budapest, Hungary on 6-8 May 2019. Nick’s presentation navigated participants through the ‘treacherous path’ of setting allowed revenues for regulated gas transmission companies, including an assessment of whether ensuring certainty and cost-recovery for the regulated entities can be reconciled with efficiency objectives and the sharing of cost savings with network users. The session was attended by regulatory and transmission company staff from various countries including Brazil, Croatia, Denmark, Latvia, Lithuania, North Macedonia, Thailand and Turkey.

Making a difference

Making a difference

Safe sanitation services and facilities are basic human rights and many still do not have access to them. ECA not only supports development agencies, plus countries, in developing sanitation policies and regulation (read more here), we have also recently subscribed to “Who gives a crap”. Now our London office receives environmentally friendly recycled toilet paper, while supporting a company that gives 50% of their profits to charity to provide sanitation facilities and services around the world.

Building renovation strategy for Kosovo

Building renovation strategy for Kosovo

In accordance with the Energy Efficiency Law, transposing the Energy Efficiency Directive for Contracting Parties to the Energy Community, Kosovo is due to develop a Building Renovation Strategy. The EBRD, under the REEP Plus policy dialogue window, has appointed ECA to assist the Ministry of Economic Development with the development of the Strategy, including the provision of support for making the required policy decisions, subject to the provisions of the Energy Efficiency Law.

Energy Efficiency Obligation scheme for Kosovo

Energy Efficiency Obligation scheme for Kosovo

As part of its obligations under the transposed Energy Efficiency Directive for Contracting Parties to the Energy Community, Kosovo is considering the establishment of an Energy Efficiency Obligation scheme in line with its recently adopted Energy Efficiency Law. ECA has been contracted by the EBRD under its framework agreement for Energy Efficiency Policy Dialogue, “REEP Plus”, to help Kosovo understand its options and design a scheme that is compliant and appropriate to the Kosovan context.

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