ECONOMIC CONSULTING ASSOCIATES

UK-Europe gas interconnector market assessment

Project to model the Dutch, Belgian and GB gas markets to assess the extent to which the gas interconnectors, IUK and BBL will have and be able to exercise market power when their current long-term contracts come to an end in 2018 and 2022 respectively.

Cyprus Electricity tariff structure and design review 

ECA was appointed by the Electricity Authority of Cyprus (EAC) to design new tariff structures and levels for the 2014-2018 period covering the entire vertical chain of service provision (generation, transmission, system operation, distribution and supply).

Regulatory support to Albanian Gas TSO

ECA supported the newly established Albanian’s gas TSO, Albgaz, in developing regulatory and commercial capacity including the operationalisation of the Network Code, operationalisation of the gas tariff methodology and CAPEX planning.

Water company WACC assessment, UK

ECA was contracted to advise the Consumer Council for Water on the appropriate cost of capital for the water companies in the 5-year regulatory period of Ofwat’s PR14 price review. ECA’s analysis focused on the weighted average cost of capital (WACC) and the recent...

Review of gas transmission tariffs in North Macedonia

ECA appraised the gas transmission tariff methodology in North Macedonia, especially the determination and allocation of allowed revenues. A key focus in this study was to recommend regulatory approaches to avoid excessively high transmission tariffs resulting from a...

Gas security of supply options for Bulgaria

Following the serious impact of the interruption of gas supply via Ukraine, the Bulgarian government appointed ECA to provide policy advice on the measures the government can take to increase the country’s security of supply in the medium term. ECA analysed a...