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Providing economic support for price control reviews for the Sultanate of Oman

Providing economic support for price control reviews for the Sultanate of Oman

ECA has been appointed by the Authority for Public Services Regulation to provide economic support for the price control reviews of the Main Interconnected System (MIS) Distribution and Supply companies (D&S-PCR6), Dhofar Power Company (DPC-PCR4), and Rural Area Electricity Company (RAEC-PCR5).  The support, being provided until December 2021, covers the form and duration of the price controls, incentive mechanisms, the assessment of operating expenditure and financial issues.

Greek energy regulator RAE issues its allowed revenue methodology for electricity distribution, jointly developed with ECA

Greek energy regulator RAE issues its allowed revenue methodology for electricity distribution, jointly developed with ECA

On 22 October 2020, the Regulatory Authority for Energy (RAE) approved the allowed revenue methodology for the Hellenic Electricity Distribution Network Operator (HEDNO), which was subsequently published in the Greek Government Gazette on 26 October 2020. The methodology was designed and developed by RAE in close collaboration with ECA’s Athens team with the intention of providing an unambiguous framework and incentives for efficient distribution network investment and operation. It also helps pave the way for the Government’s imminent partial privatisation of HEDNO.

ECA supports North Macedonia to implement the Energy Community acquis on Energy Efficiency

ECA supports North Macedonia to implement the Energy Community acquis on Energy Efficiency

ECA, together with BRE and Karanovic/Partners, is extending support previously provided to North Macedonia by the REEP Plus programme for the drafting and adoption of the Law on Energy Efficiency, in preparing relevant secondary legislation, compliant with the requirements of the Energy Performance in Buildings and Energy Efficiency Directives. This is the first of two phases comprising a detailed gap analysis and the development of tailored options for implementation in the country, given local circumstances and the flexibility afforded by the EU Directives.

Back to basics: are EU’s energy regulatory principles compatible with its hydrogen strategy?

Back to basics: are EU’s energy regulatory principles compatible with its hydrogen strategy?

The European Commission published its EU Hydrogen Strategy on 8 July 2020, setting out a vision of a significant role for hydrogen in achieving decarbonisation by 2050, recognising the difficulties of decarbonising some sectors purely through electrification and RES. The scale of the proposed investments (up to 500 GW of electrolysers by 2050 and almost €500 billion of investment) has attracted headlines, but less clear are the regulatory implications. How can a nascent and costly technology be promoted without sacrificing the principles of the EU energy market? For three core regulatory fundamentals underlying EU energy markets – fair access, cross-border competition and avoiding cross subsidies – we examine potential conflicts with the ambitious objective of hydrogen introduction. READ ECA’s INSIGHT HERE

Introducing our new Analyst

Introducing our new Analyst

This month, ECA welcomes Alex Schmid to the team. Alex is a London School of Economics graduate with an MSc in Local Economic Development, and a BSc in Geography with Economics. Having grown up in Perth, Australia and Munich, Germany, he is fluent in both English and German. Welcome aboard Alex!

ASEAN climate market cooperation

ASEAN climate market cooperation

ECA has been appointed by the World Bank’s Partnership for Market Readiness to conduct a review of carbon pricing instruments (CPIs) in the energy sector in the ASEAN region and the potential for enhanced cooperation between them.

Contributing to the review and recommendations for renewable energy in Indonesia

Contributing to the review and recommendations for renewable energy in Indonesia

The Asian Development Bank has released a new report on options for renewable energy subsidy mechanisms in Indonesia. The report draws extensively on analysis and recommendations developed by ECA with PT Castlerock. Taking geothermal projects as an example, the report demonstrates a practical mechanism to estimate the gap between economic values, project costs and the price of alternative supplies. It also shows how an appropriate subsidy based on economic benefits can be used to close the gap between project costs and the price of alternatives. Download HERE 

Support for the Kenya EPRA in the mini-grid sector

Support for the Kenya EPRA in the mini-grid sector

ECA has been engaged by the IED and the GMG Facility Kenya, on behalf of the Energy and Petroleum Regulatory Authority, to update the mini-grid regulations that ECA drafted in 2017. The assignment will also include activities to facilitate more rapid regulatory approvals, including a review of EPRA’s mini-grid tariff model, an upgrade of EPRA’s website for mini-grid licence applications, and capacity building for EPRA and other stakeholders.

ECA to support BiH (BA-Fed) on implementing the Energy Community acquis on EE

ECA to support BiH (BA-Fed) on implementing the Energy Community acquis on EE

ECA, together with BRE, is furthering support previously provided to BA-Fed by the REEP Plus programme of the EBRD, in harmonising a subset of its legislation with the requirements of the Energy Performance in Buildings and Energy Efficiency Directives. This is the first of two phases comprising a detailed gap analysis and the development of tailored options for BA-Fed implementation, given local circumstances and the flexibility afforded in the EU Directives.

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