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To help achieve climate change targets, Greece will be closing its lignite power plants by 2023. This plan relies on the expected development of gas-fired generation to partly substitute for the closures. In this Insight, we consider how the closure of the lignite plants and the related development of renewable energy may affect the attractiveness of gas-fired power generation for investors. READ ECA’S INSIGHT HERE
We are hiring. ECA is looking to expand our growing team of electricity market economists. The successful candidate would support our team of electricity market specialists advising policymakers, regulators and investors on commercial, economic and strategic aspects of electricity markets. The role is for a Senior or Managing Consultant. A particular focus will be on deep understanding of the market challenges posed through the energy market transition to a decentralised and high renewable energy (RE) power mix. For further details see LINK
Two decades ago international financing institutions began encouraging competitive electricity markets in Sub-Saharan Africa (SSA). Over that period, while North and South America, India, Europe, Australasia and parts of South East Asia have embraced competitive power markets, today we would challenge you to identify a single SSA country with an operating competitive market (defined here as requiring at least some buyers being able to choose their supplier). But this may be about to change in one of Southern Africa’s smaller countries – Namibia. READ ECA’s INSIGHT HERE
ECA is supporting the Global LPG Partnership in assessing LPG demand in the greater Kinshasa region and assess the economic benefit of switching to LPG as a fuel source. We will apply our econometric energy demand modelling techniques and our cost benefit analysis framework for decentralised energy usage.
ECA policy guidelines for EE financing mechanisms published by the Energy Community Secretariat and EBRD
The Energy Community Secretariat and The EBRD have published a set of Policy Guidelines for Centralised Energy Efficiency Financing Mechanisms authored by ECA with the support of the regulatory assistance project (RAP). The Guidelines seek to advise Contracting Parties of best practice on the scoping, design and implementation of financial support mechanisms for accelerating energy efficiency measures and contributing towards the achievement of their national targets set through transposition of the Energy Efficiency Directive. The document complements similar Policy Guidelines on the design of Energy Efficiency Obligation schemes also written by ECA and RAP and published by the ECS and The EBRD last year. Read more HERE
ECA has been engaged by the World Bank to conduct a study on the various issues and topics concerning water and sanitation tariffs. The results of this study will be a series of Background Papers on topics such as principles of tariff regulation, water and sanitatio tariff design and structure, polictical economy and tariff affordability.
The World Bank has published ECA’s Cost‑of‑Service and Tariff Design Study for Lebanon. The study provides a background of the electricity sector in Lebanon and estimates the current and future costs of the sector in order to inform reform plans that are needed to recover the sector financial viability. See the report HERE
ECA has been contracted by the EBRD to assist the Armenian authorities improve their enabling legislative and regulatory framework for small-scale renewable energy in the commercial sector drawing on our extensive international experience from similar assignments around the world.
GIZ have awarded ECA with a contract that covers two key working packages under the Energy Solutions For Displacement Settings project that seeks to address the lack of sustainable energy supply in refugee hosting areas in Uganda, Kenya, and Ethiopia. ECA will be developing an excel-based template financial model that serves GIZ (and others) to pre-develop solar projects in displacement settings and comparatively analyse different technical and business model options with regard to their economic viability. Plus, conducting a market-analysis and developing a data base of financial actors and instruments in the field of renewable energy financing in East-Africa and displacement settings.
Our study on attracting private investment in the power sector of Sub-Saharan Africa has been published! ECA collaborated with The World Bank and Cambridge University to survey 51 investors across the region. Based on survey responses, we were able to identify bottlenecks faced by investors in specific countries and segments of the power sector. The paper will be instrumental for policymakers to remove identified bottlenecks and close investment gaps to improve sectoral outcomes. The paper can be downloaded HERE