advisory 8 april 2008 regional market development impediments for traders strictly private and...

Advisory

8 April 2008

Regional Market DevelopmentImpediments for Traders

Strictly Private and Confidential

Agenda

Page

1 Survey 2006 1

2 New Survey 2008 4

3 Some result from the Survey 2006 8

4 Contact Data 18

Advisory

Section 1Survey 2006

Regional Market Development • Impediments for Traders

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%

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

Section 1 - Survey 2006

Advisory

Section 2New Survey 2008


NEW: Trader Survey 2008

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-SystemsSource: ERGEG

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

Section 2 - New Survey 2008

Advisory

Section 3Some result from the Survey 2006


Network access administration and bureaucratic formalities

9

Section 3 - Some result from the Survey 2006


Availability of information in English in some countries is poor

10



Certain countries requires trader license – and it is difficult to obtain this license

11



TSO and Power Exchanges should work together

12



Are the balance energy prices market oriented?

13



IT systems are in most cases adjusted

14



Data access: Not satisfactory! A general problem

15



Overall Rating

16



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


Advisory

Section 4Contact Data


Trader Survey Contact

Erwin Smole

Senior ManagerEnergy, Utility and Mining

Phone: +43 1 50188 - 2928Mobile: +43 699 115 320 71E-mail: [email protected]

PwC Corporate Finance Beratung GmbH

Erdbergstraße 200

A-1030 Vienna

Phone: +43 1 50 188 -2901

Fax: +43 1 50 188 -621

PricewaterhouseCoopers

19

Section 4 - Contact Data

advisory 8 april 2008 regional market development impediments for traders strictly private and...

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