ECONOMIC CONSULTING ASSOCIATES

ECA NEWS

SEE gas consortium

The World Bank has contracted ECA to assist in developing the gas-to-power consortium concept, to produce a road map for implementation (including capital investment requirements, funding arrangements and risk mitigation strategies); with the aim of attracting...

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Turkey Buyuk Efe CCGT market study

ECA are conducting an extensive market study on the Turkey Electricity market, with the focus on Turkey electricity market dynamics, price, fuel supply and regulatory regime outlooks for the assessment of risks to lenders to a private investor in a generation project.

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UK clean energy SME financial modelling

ECA has been contracted by DFID to develop a financial model for the Flexible Fund - supporting businesses to get renewable clean energy innovations to scale in developing countries. The financial model will assess the viability of the fund in terms of financial...

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Ghana IPP due diligence

ECA has been engaged to supply a due diligence report for an investor in a proposed gas-fired IPP in Ghana. ECA will focus on the electricity tariffs necessary to make the off-taker financially creditworthy, the affordability of the resulting tariffs for residential...

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Ofgem regulatory finance

Ofgem has appointed an ECA consultant to provide leadership to Ofgem's regulatory finance team during a critical phase of the RIIO-ED1 electricity distribution review, following the departure of the previous team leader. The work involves developing issues relating to...

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DFID rebound effect

ECA is conducting a study to recommend a suitable approach of incorporating the rebound effect in the DFID appraisal of renewable energy and energy efficiency projects - focusing on the direct rebound effects, but also partly covering the indirect effect. The first...

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Kazakhstan feed-in-tariff

The Kazakh Government developed a new renewable energy law in 2009 and a revision proccess is currently in its final stages to include a shift to a fixed Feed-In Tariff to incentivise renewable energy. The MoEP has requested the EBRD to provide assistance in ensuring...

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Vietnam transmission assessment

ECA is conducting economic and financial due diligence on a number of sub-transmission and distribution projects proposed by the Hanoi and Ho Chi Minh City Power Corporations for funding under a new Asian Development Bank loan.

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Tanzania energy subsidy policy

ECA will work closely with Tanzania's Ministry of Energy and Minerals to develop a comprehensive energy subsidy policy. The main objective of the study is to provide evidence-based recommendations regarding a sound and economically sustainable policy for the use of...

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Cyprus energy tariffs

ECA has been 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). The...

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Almar Barja joins ECA

We are pleased to welcome Almar Barja to ECA in his new role as Analyst. Almar has a degree in Geology and master’s in Sustainable Energy Science. His previous roles include Project Manager for Graduate Studies at Reykjavik University, plus Energy & Industry...

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ESCOs framework

The objective of this assignment is to support national legislators to improve the legal framework in the ECT Contracting Parties from Serbia & Montenegro and Bosnia & Herzegovina, enabling ESCO/EnPC projects in the public sector. This is broken down into the...

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Western Balkans energy efficiency

The EBRD has recently had funding approved under the EU Western Balkans Investment Framework (WBIF), for energy efficiency. This funding will be used to continue the EBRD's activities that support sustainable energy in the Western Balkans. The overall aim of the...

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NIAUR power NI

ECA is advising the Utility Regulator in Northern Ireland (NIAUR) on the required retail margin for the incumbent electricity supplier, Power NI. ECA is introducing new methodologies, building on its work on cost of capital issues for other regulators and on current...

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NIAUR price review GD14

ECA are acting as economic advisors to the Utility Regulator in Northern Ireland (NIAUR) during its gas distribution price review, GD14. ECA will taking the lead in developing key consultation papers and advising on a wide range of regulatory policy issues.

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Bulgaria electricity sector review

Following the major crisis in Bulgaria's power sector which was a prime factor in the collapse of the Government of Bulgaria in February 2013, ECA has been contracted by the World Bank at the request of the caretaker government, to review the power sector. The focus...

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Sub-Saharan African gas studies

We have been contracted by the World Bank to carry out two linked studies to review the scope and prospects for exploiting Africa's recently found and prospective significant gas resources to expand gas use and power generation. In the Upstream Gas Resources study we...

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BiH balancing market and ancillary services improvement

ECA has been asked to analyse the deficiencies in ancillary services and balancing provision in the Bosnia and Herzegovina (BiH) electricity system and to develop changes to grid code, market rules and charging arrangements that will be acceptable to the system...

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Fiji energy policy review

The Government of Fiji has asked ECA to undertake a review of the national energy policy and to recommend possible legislative changes to facilitate the future of the energy sector. This will entail improving reliability and access to energy supplies, to strengthen...

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Kazakhstan RES allocation agreement

Following a successful earlier project assisting in development of renewable energy law and a new feed-in tariff regime for renewables, we have been asked by the EBRD to assist the Kazakh Government to review the proposed new renewables power purchase agreement and...

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Africa power and mining

The power needs of Africa's most dynamic economic growth sector, mining, already significantly exceed available electricity supplies from national utilities. Many mining companies are thus forced to resort to various forms of self-supply. This study seeks to...

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