ICER Meeting Global Challenges

14 May 2012

Presented by:Lord MoggICER Chairman

STRIKING A BALANCEIN THE MIDST OF CHANGE

May 13-16, 2012Québec City, Québec (Canada)

ICER

• The International Confederation of Energy Regulators (ICER) was launched in Athens on 21 October 2009 at the WFER IV.

• Link from Athens to Quebec

It has 5 main objectives:

Raise the awareness of the work of national energy regulators around the world

Provide an open platform for energy regulators to pursue joint goals

Recognise and reconcile market forces with the achievement of public policy objectives at regional, national and international level

Identify and spread good practice for all regulators around the globe, who are at very different levels of experience, expertise and independence

Help to make a significant contribution of many national governments or international organisations towards a sustainable planet

GOALS OF ICER

Traditional energy regulation in developed markets aimed at:• Getting efficiency from monopoly networks• Fostering competitive markets• Protecting consumers

• Challenges in developing markets are often different – e.g:• Achieving universal supply• Quality of supply

NEW CHALLENGES

NEW CHALLENGES

New major challenges today for developed and developing consumers include:• Availability and affordability of energy• Maintaining security of supply in an increasingly

unstable world• Tackling climate change where energy markets have

a major role• Finding innovative ways to manage uncertainty and

to use the staggering technological developments• Adaptation of grids and new generation technologies

(including smartness)

Many national/regional regulators often have a central role in meeting the new global challenges of climate change and security of supply

Independent regulation is being introduced and remodelled in many countries:• To take account of the changing energy policy

goals of elected governments • To take on a greater role in achieving energy

policy objectives

NEW STRUCTURES

ICER created to identify and share good practice and develop new approaches

NEW STRUCTURES

Steering Committee

Chair: CEERVice Chair:

NARUCICER

Secretariat

VWG 1: Opening of marketsChair: ARIAE

Vice Chair: MEDREG

VWG 2: Technological change and renewables

Chair: CEER

VWG 3: Small consumersChair: CAMPUT

VWG 4: Regulatory best practice

Chair: NARUC

ICER STRUCTURE

Balance Sheet – First 3 years

• ICER is still a very young organisation but already it has demonstrated its value and is growing

• Hope some of our regional organisations represented here will join us in making it truly global

In the past 3 years, 4 Virtual Working Groups of ICER have developed important reports sharing good regulatory practice

ICER ACTIONS

Some of the topics we’ve covered: • Security of supply• Connecting renewables and

distributed generation• Smart meters• Affordability

ICER Brochures available in the Lounge at ICER display tableThe full reports are available on the ICER website

• Much of this work will be presented here at WFER V

• ICER has also presented a report on energy efficiency to ministers at the 2010 G8 summit

• Launched new ICER Distinguished Scholar Awards – aimed at developed and developing energy markets

• Established infrastructure to enable easy global communication between energy regulators

ICER ACTIONS

Major international organisations are forging closer links with ICER:• EBRD/ICER MoU - European Bank for

Reconstruction and Development• VLPGO/ICER MoU -Very Large Power Grid

Operators Association• Two joint workshops with International Gas

Union

ICER’s CURRENT POSITION

ICER is now firmly established Resources to be focused on biggest challenges Climate change, technology change: managing

change will be a key theme As markets develop the role of consumers will

grow, so consumer capability to engage must be developed

Developing markets will also be a continuing and growing focus

FUTURE CHALLENGES

ICER will launch a new work plan looking forward to the next WFER VI in 2015

New themes for ICER’s work will reflect the challenges regulators will face during that period

The work will be taken forward and delivered by willing regulators from across the globe

In many areas, ICER will collaborate with other respected international organisations

Activities will include events, reports and case studies, open dialogue with international bodies

ICER’s WORK

ICER should be seen as a mechanism to focus the efforts of world energy regulators on critical issues of global significance

WFER is the time – every 3 years – when the world’s regulators come together to discuss current issues and to identify those on the horizon, we exchange ideas and experience

We welcome comments during WFER V here at Quebec and will reflect those messages in ICER’s future work plan

ICER will report on its work at WFER VI in 2015

ROLE OF WFER V

ICER demonstrated the effective voice of the world’s community of energy regulators

ICER has grown in stature and now stands alongside other respected international organisations

It is succeeding because it is a structure that is needed to meet the challenges of today’s world

I would encourage all regulators to become engaged with ICER – if you want to be heard

CONCLUSION

ICER’s 4 Working Group Chairs on the WFER programme. Regulators are invited to attend meetings of the ICER WGs on Wednesday afternoon

ICER 2012 Distinguished Scholars Award will be presented at the lunch session on Tuesday

ICER members will form the panel of the final session on Wednesday

ICER AT WFER V

Thank you for your attention!

More information on ICER is available at:

www.icer-regulators.net

ICER brochures on our reports can be picked up at

our information stand