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Cabo Verde Electricity Sector Regulation

Cabo Verde Electricity Sector Regulation

ECA has been appointed by LuxDev, the aid and development agency of the Government of Luxembourg, to provide regulations for Quality of Service and Commercial Relations in the electricity sector of Cabo Verde.

ECA Viewpoint – Complexity is no excuse to ignore economics when setting net zero targets

ECA Viewpoint – Complexity is no excuse to ignore economics when setting net zero targets

UK government policy is now targeting zero carbon emissions by 2050. This requires specific interventions that could be very expensive. A least cost or least regrets analysis framework is therefore required to minimise the burden for society. However, the UK government’s climate policy advisory body, the Committee on Climate Change (CCC), considers the orthodox approach to evaluating such a policy – a Cost Benefit Analysis (CBA) – to be totally unsuitable in this case. This seems a premature conclusion. READ ECA VIEWPOINT HERE

ECA advises on the third price review for electricity tariffs in Peninsular Malaysia

ECA advises on the third price review for electricity tariffs in Peninsular Malaysia

ECA has been appointed to advise Suruhanjaya Tenaga (the Energy Commission), on the third price review for the country’s main electricity utility, TNB. The review encompasses all elements of TNB’s operations and will be the third undertaken by ECA for Suruhanjaya Tenaga, following on from the second price review for TNB and the first price review for gas facility licensees. TNB has annual sales of 119 TWh and 9.7 million customers.

ECA teaming up with AMDA on data analysis

ECA teaming up with AMDA on data analysis

ECA is excited to team up with the African Mini-grid Developers Association and conduct a detailed analysis on African mini-grid operators. The work will include analysing and major trends in the industry and identifying the key lessons for mini-grid developers and policy makers. In addition, ECA will support AMDA in the development of a continent-wide database on African mini-grids and prepare dissemination material for technical stakeholders, developers, donors, politicians and decision makers.

ECA has partnered with Reach X to advise infrastructure investors

ECA has partnered with Reach X to advise infrastructure investors

ECA is partnering with ReachX to develop bespoke advisory services for investors and funds interested in energy and water sector opportunities. ReachX is FCA regulated and provides access to financial services with its digital platform. ReachX complements ECA’s economic and commercial expertise in the energy and water sectors, and together we look forward to supporting financial institutions in making better informed decisions. The ReachX platform can be accessed here.

Advising on feasibility of LNG import terminal in South Africa

Advising on feasibility of LNG import terminal in South Africa

ECA is part of a consortium lead by MJMEnergy advising on the feasibility of an LNG import terminal and its associated gas distribution options in South Africa. The distribution options include an expansion of the existing gas pipelines to the facility as well as small scale LNG and CNG distribution by rail and/or road. ECA will be part of the economic regulation workstream focusing on necessary regulatory changes and possible tariff methodologies for the terminal as well as the potential virtual pipeline network associated.

ECA Viewpoint – Disruption and blackouts: be prepared

ECA Viewpoint – Disruption and blackouts: be prepared

Unexpected and disruptive market events are regularly being linked with fundamental market shifts such as high levels of intermittent generation. These links are often not justified on the evidence available but can still lead to significant policy shifts. Emerging sector changes are regularly at risk of being pulled off course by reactive policymaking. READ ECA VIEWPOINT HERE

Introducing our new analyst

Introducing our new analyst

A warm welcome this month to our new consultant, David Storey. David previously worked at the Asian Development Bank Institute where he conducted research into economic policy for developing countries in Asia. He holds a MSc in Economics from the University of Warwick and an undergraduate degree from the University of Cambridge.

Investment planning and capacity building facility in Indonesia

Investment planning and capacity building facility in Indonesia

ECA, together with Castlerock Consulting, has been appointed by the Asian Development Bank to develop options for delivering Ministry of Finance subsidies to renewable energy development in Indonesia. Distinct from subsidies targeted at developers, these subsidies will be delivered through existing budget support mechanisms to the state utility, PLN, in order to defray the higher costs of renewables. Initially, the subsidies will target geothermal and hydropower projects. Indonesia has set ambitious targets for the expansion of renewable energy in the power sector, with the share of installed capacity due to reach 23% by 2025. Reaching this target implies a need to speed up current rates of capacity expansion by 8-10 times.

Strengthening I-SEM market modelling in Ireland

Strengthening I-SEM market modelling in Ireland

ECA has been appointed to validate the forward-looking SEM PLEXOS model (2019-2025) and perform a backcast against I-SEM market outcomes. We will have the opportunity to deliver an independent evaluation of the model, calibrate the model to reflect changes to market behaviour since the I-SEM launch in 2018, and strengthen industry trust in market-based modelling projects undertaken by the regulatory authorities. We’re delighted to be working with the Utility Regulator Northern Ireland, in conjunction with Ireland’s Commission for Regulation of Utilities on this project.

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