1 / 14

Commission For Energy Regulation

Commission For Energy Regulation. Padraig Fleming Manager, Distribution & Retail 22 nd July 2004. Structure of Presentation. Role of CER Licencing Network Access & Charges Electricity & Gas Market Environment Support Mechanisms Electricity Prices. CER’s Functions & Duties.

prisca
Télécharger la présentation

Commission For Energy Regulation

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Commission For Energy Regulation Padraig Fleming Manager, Distribution & Retail 22nd July 2004

  2. Structure of Presentation • Role of CER • Licencing • Network Access & Charges • Electricity & Gas Market • Environment • Support Mechanisms • Electricity Prices

  3. CER’s Functions & Duties • Establish Trading Mechanism • Licencing • 3rd Party Access to Networks • Promote Competition • Promote Renewable/Alternative Energy • Encourage Efficient Use of Energy

  4. Licencing • Authorise the construction of Generators • Licence Generators/Suppliers/Shippers & Network Operators • Seeking a deminimus level for Licence • Review Technical, Financial and Business Plan

  5. Network Access • Connections from ESB Networks/Eirgird & Bord Gas • Connection Charges • Contestable Connection to Electricity Transmission system & Gas System

  6. Network Charges • Review Revenue Requirements & Investment Plans • Charges Depend on Contracted Capacity & Usage • Review of Tariff Structures • Promote Efficient use of Energy

  7. Markets • Electricity - Bilateral Contracts • Best New Entrant / Top-Up / Spill • VIPP Auctions • Gas – UK Market • Bilateral Contracts • Balancing Market – UK NBP • Annual Entry/Exit Charging at Present with Point to Point Capacity • Moving to Entry/Exit Capacity and Charging

  8. Support Mechanism The Commission favours supports outside of the trading/market arrangements in order to: • allow true market signals to be seen; • minimise market distortion; • minimise system and market operation costs to the final customer; • afford greater transparency.

  9. Types of Support • €17m - PSO Generators - AER 1 – 6 • €75m - PSO Generators – Peat Stations • €30m- Networks – Cluster Program • €60m - Consumers - Free Electricity Allowance

  10. Environmental Issues • Energy Efficiency • Passive Approach - Cost Reflectivity • Active Approach – Winter Peak Demand Reduction Scheme & Winter Demand Reduction Incentive • Loss Reduction Incentives • Carbon Trading • 23% Not Allocated – Valued @ €10/Tonne • Recycling Scheme – Pass-through 100% CO2 • Impact on Overall Market

  11. Tariff Approval Process • 5- Year Revenue Review • Incentive Regulation • Generation – Market Based Price • Supply – Profit Margin • Networks – Cash Flow • PSO – Set by Government

  12. Cost Drivers • Generation • Fuel & Carbon Costs • Capital Investment • Operations Costs • Networks • Capex Program – Largest Non-Government Investment • Growth 5% over 10 Years • 90,000 New Connections • PSO • Increase in AER 6 and New Peat Plants • ESB Submission for 12.5% Price Increase

  13. Future Trends • Fuel Prices? • Capital Investment in Generation • Operating Cost of Generation • Network Investment – Growth Levels • PSO – AER under Carbon Trading

  14. Questions / Comments

More Related