1 / 11

GRI Investment Project A-Z Adam Cooper EFET

GRI Investment Project A-Z Adam Cooper EFET. Stockholm 24 September. Introduction. Provide a brief run through of the project to date Rationale Stakeholders Core Group Activities Milestones Conclusions. Recall. Reason for a Virtual Test

tiger-cunningham
Download Presentation

GRI Investment Project A-Z Adam Cooper EFET

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. GRI Investment ProjectA-ZAdam Cooper EFET Stockholm 24 September

  2. Introduction • Provide a brief run through of the project to date • Rationale • Stakeholders • Core Group Activities • Milestones • Conclusions

  3. Recall • Reason for a Virtual Test • A non-threatening way to test different concepts of signalling investment • A trigger for discussion • A classroom to learn lessons

  4. Background Who are the stakeholders?

  5. Stakeholders • What do they want and what do they contribute? • Regulators – protect consumers and determine the investment test • TSOs – to maximise investor value and deliver an investment model within the Regulatory rules • Shippers – maximise value by obtaining the rights to move gas efficiently primarily by signalling efficient levels of capacity demand

  6. Core Group Activities • Assembling the investment rules • Extensive work to bring together the rules for four VT countries • Describe the project • Naturally limited but real enough for a test • Allow shippers to bid • Run the VT bidding and report as inputs to the investment model

  7. Core Group Activities • The investment assessment • Produce indicative outcomes and discover any flaws • Adjust rules where necessary to test shipper reactions

  8. Milestones • Development of manual on the regulatory environment • Delivered a Regulatory model for assessing investments • Ran a virtual test • Ran an experiment • Draft Journal of Findings in production

  9. Challenges • Obtaining the information for the investment criteria • Running a useful VT and reporting outcomes • Putting the last year of effort into tangible policy advice

  10. More to do • We are not at Z yet! • The workshop will pose more questions for your input • The draft findings needs finalising • At some point the work needs to relate to the real world through initial advice and a policy response

More Related