1 / 20

Advisory

Regional Market Development. Impediments for Traders. 8 April 2008. Strictly Private and Confidential. Advisory. 1. Survey 2006. 1. 2. New Survey 2008. 4. 3. Some result from the Survey 2006. 8. 4. Contact Data. 18. Agenda. Page. Section 1. Survey 2006. 1.

nicole-bentley
Download Presentation

Advisory

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. Regional Market Development • Impediments for Traders 8 April 2008 Strictly Private and Confidential Advisory

  2. 1 Survey 2006 1 2 New Survey 2008 4 3 Some result from the Survey 2006 8 4 Contact Data 18 Agenda Page

  3. Section 1 Survey 2006 1

  4. Section 1 - Survey 2006 Survey from 2006 2 • PwC analysed impediments for electricity traders • Priorities of the survey: • Network access administration and bureaucratic formalities • Power exchanges and trade mechanisms • Balance Energy • Congestion Management • Market structure and Timetable • Divergent IT Platforms and Data Delivery We have asked 39 traders, with a response of 48%

  5. Section 1 - Survey 2006 Survey from 2006 3 • PricewaterhouseCoopers analysed the impediments for traders for one region : ‘Central-East Region’ • This region covers the following seven countries: Austria, Czech Republic, Germany, Hungary, Poland, Slovakia and Slovenia • Study was separated in two sections: • Country comparison • Result of survey

  6. Section 2 New Survey 2008 4

  7. Section 2 - New Survey 2008 NEW: Trader Survey 2008 Source: ERGEG 5 • Now expansion for Gas Traders • Region will be South-South-East (SSE) • Priorities of the Survey: • Regional Market Access • Trading Platforms • Balancing Energy • Gas Storage • Transportation • IT-Systems

  8. Section 2 - New Survey 2008 Report 6 • Trader Survey: • We ask the trader, the person who is active in the market • Trader answers only for the market, which is not ‘their home market’ • We will now contact 110 Gas traders and shippers • Report will have three section: • Country comparison for basic information • Survey with Gas Traders active in this region • Evaluation of Result • Result available: May 2008

  9. Section 3 Some result from the Survey 2006 8

  10. Section 3 - Some result from the Survey 2006 Network access administration and bureaucratic formalities 9

  11. Section 3 - Some result from the Survey 2006 Availability of information in English in some countries is poor 10

  12. Section 3 - Some result from the Survey 2006 Certain countries requires trader license – and it is difficult to obtain this license 11

  13. Section 3 - Some result from the Survey 2006 TSO and Power Exchanges should work together 12

  14. Section 3 - Some result from the Survey 2006 Are the balance energy prices market oriented? 13

  15. Section 3 - Some result from the Survey 2006 IT systems are in most cases adjusted 14

  16. Section 3 - Some result from the Survey 2006 Data access: Not satisfactory! A general problem 15

  17. Section 3 - Some result from the Survey 2006 Overall Rating 16

  18. Section 3 - Some result from the Survey 2006 Main Result of Survey 2006 • Result shows, that there are still significant impediments for traders in these countries. • By harmonisation of laws and market rules a significant part of impediments could be reduced. Here are the Ministries, Regulators and in certain cases also the Transmission System Operators are the main address for a further improvement. • In relation to congestions on the interconnection lines, increased investments in networks will be necessary 17

  19. Section 4 Contact Data 18

  20. PricewaterhouseCoopers Trader Survey Contact Section 4 - Contact Data Erwin Smole Senior Manager Energy, Utility and Mining Phone: +43 1 50188 - 2928 Mobile: +43 699 115 320 71 E-mail: erwin.smole@at.pwc.com PwC Corporate Finance Beratung GmbH Erdbergstraße 200A-1030 Vienna Phone: +43 1 50 188 -2901 Fax: +43 1 50 188 -621 19

More Related