ECONOMIC CONSULTING ASSOCIATES

European electricity forward markets

This involved the development of methodologies to evaluate market and product efficiency. We reviewed theoretical and practical literature and assessed volumetric data and price histories. We also developed a model of how the forward capacity allocation network code...

UK proof of origins

Information was required on how the rules for trading Levy Exemption Certificates (LECs) awarded to generation from outside the UK may change with current market developments. ECA analysed the current regulations on evidencing delivery in UK, assessed principles for...

Ukraine intraday market rules

Ukraine, as a member of the Energy Community, is reforming its electricity sector to implement the EU Target Model. One element is implementation of rules for an intraday market to operate continuously from the closure of the day ahead market until the balancing...

Israel CCGT revenue projections

ECA supported a project developer in assessing the commercial feasibility of a 500 MW gas fired power plant. This was done by applying our inhouse electricity dispatch model Wairoa. We projected electricity prices and calculated capacity factors for CCGT and OCGT...

Ireland electricity forward markets and liquidity

Project to support the national regulatory authorities in Ireland (CER and NIAUR) on implementation of financial transmission rights to replace physical rights on interconnectors with GB in the new design of the single electricity market for Ireland (I-SEM) and to...

Wholesale electricity market advisor, Vietnam

ECA was appointed to advise the Electricity Regulatory Authority of Vietnam on the introduction of the country’s competitive wholesale electricity market, to start in pilot form in late-2015 and in full from in 2019. Tasks included overseeing and coordinating the work...