SPECIAL UPDATE. A New Power Market in Mexico. A Competitive Power Market. Wholesale Market Participants
|
|
- Bennett Stone
- 8 years ago
- Views:
Transcription
1 SPECIAL UPDATE A New Power Market in Mexico by Raquel Bierzwinsky, in New York and Mexico City, and David Jiménez and Javier Félix, in Mexico City Mexico has enacted secondary legislation that creates a competitive power market open to private investment in almost all areas. As part of a package of nine new laws covering the energy sector and amendments to 12 existing laws, a new electric industry law (Ley de la Industria Eléctrica) came into effect August 12, The new set of energy laws implements changes to the Mexican constitution that were made in December 2013 to open the power and oil and gas sectors in Mexico to private participation. (For earlier coverage of the constitutional reforms, see Mexico Opens its Energy Markets in the February 2014 Project Finance NewsWire starting at page 57, and for coverage of the electric industry law bill, see Mexico is Set to Open its Power Sector in the June 2014 Project Finance NewsWire starting at page 32.) A Competitive Power Market The new electric industry law allows the private sector to participate freely in the generation and sale of electricity, while maintaining the electricity grid under the operational control of a state-owned agency. It creates a new wholesale electricity market (Mercado Eléctrico Mayorista) to be operated by the Centro Nacional de Control de Energía or. is currently a unit within the Comisión Federal de Electricidad or CFE, but will become the independent system operator for the entire grid. The Ministry of Energy and the Comisión Reguladora de Energía, or CRE, will have regulatory and supervisory authority over the wholesale power market. The Ministry of Energy will be responsible for issuing the initial market rules, and the CRE will be responsible for issuing permits to participate in the wholesale market as a buyer or seller of electricity. The CRE will also be responsible for setting tariffs for transmission, distribution and basic retail services, setting general conditions for market participants, issuing forms of interconnection contracts, and managing clean energy certificates. It will also issue a form of contract that, the independent grid operator, will enter into with wholesale market participants. Operational control over the national grid (Sistema Eléctrico Nacional) and the transmission and distribution of electricity are considered strategic areas that will remain in the hands of the Mexican government through a state entity. However, the private sector will be able to participate in transmission and distribution of electricity through agreements and joint ventures with state-owned agencies. CFE will become a fully competitive entity as a productive state enterprise under the new law and will be permitted to participate, through separate subsidiaries, in the different market activities. CFE will continue to be the supplier of basic retail services to residential customers and small and mediumsized commercial customers under regulated tariffs. None of CFE s assets will be privatized. Wholesale Market Participants The new electric industry law prohibits any single company from participating in more than one of the following activities: generation, transmission, distribution, power marketing and supply of electricity or basic resources for the electric industry. However, a common parent can participate in all the activities as long as it does each through a separate subsidiary. Commercialization or marketing of electricity refers to buying and selling electricity and clean energy certificates. The law divides wholesale market participants into a number of categories: generators (Generadores), suppliers (Suministradores), power marketers (Comercializadores), customers with aggregate load points under three megawatts called basic service users (Usuarios Básicos), customers with aggregate load points over three megawatts called qualified users (Usuarios Calificados), transmission providers (Transportistas) and distributors (Distribuidores). Generators, suppliers and qualified users may become direct participants in the wholesale market by entering into the relevant agreement with and then providing a performance bond to. / continued page 2
2 continued from page 1 Each such party will have to inform of each power plant or load point it intends to use to tap into the grid. The CRE will establish rules for qualified users and suppliers of basic retail services and qualified services. The CFE will remain the principal electric utility in Mexico. Generators The new law puts generators into one of two categories: those authorized to generate electricity from power plants and agents for or resellers of electricity from such power plants. With the exception of exempt generators, all power plants Mexican Wholesale Electricity Market PRODUCT PROVIDER RETAILER Transmission CFE-Transmission Distribution CFE-Distribution Regulated Tariffs Basic Service Supplier Basic Service User Operational Control Transmission Rights Energy; Capacity; Related Services Generator Wholesale Electricity Markets Qualified Supplier Non-Registered Qualified User Registered Qualified User Exempt Generator Power Marketer Power Purchase and Hedge Agreements with capacities of at least 0.5 megawatts or power plants of any size represented in the wholesale market by an agent or reseller, will require permits from the CRE to be able to sell power into the market. Exempt generators are only allowed to sell energy through middlemen suppliers or use the electricity for self-consumption, meaning from an inside-the-fence project, or for export, in each case without interconnecting to the national grid or the general distribution networks. Generators with power plants that are used exclusively for private use during emergencies or service interruptions do not require a permit from the CRE. Generators are not permitted to sell electricity at retail or to transmit or distribute electricity for others. Generators will be permitted to sell power directly into the wholesale market through, to a qualified user or both. (The concept of a qualified user is discussed in more detail below.) Each generator participating in the wholesale electricity market will be able to set its price for electricity, but will have to report to, on a daily basis, its operating costs. will maintain a database of the operating costs of all generators and will be able to determine whether prices are being offered competitively. Generators and qualified users will be permitted to enter into private power purchase agreements (Contratos de Cobertura Eléctrica). will act as the go-between. It will ensure delivery of the electricity required by a qualified user, even if the electricity needed exceeds what the generator produces. will bill for any / continued page 3 2
3 continued from page 2 excess electricity at spot market prices. End Users End users with an aggregate consumption equal to or above three megawatts, as well as those who before the new law was enacted operated under the self-supply (autoabastecimiento), cogeneration and energy import schemes, are classified as qualified users and are permitted to purchase energy directly from or from a generator. The three-megawatt threshold is not a set threshold, but rather it is one that the Ministry of Energy will be able to modify from time to time. Three megawatts will be the threshold for the period through August 12, 2015, with the threshold dropping to a minimum of two megawatts after August 12, 2015 and to one megawatt a year later. End users with an aggregate consumption below the threshold may only buy electricity from retail service suppliers, including the CFE. End users may register with as qualified users for certain load points, while remaining basic service users for other load points. Power Marketing The electric industry law uses the term comercialización to refer to a wide range of power marketing activities. They include selling and trading electricity, clean energy certificates and financial transmission rights, entering into power purchase agreements and power hedges, buying transmission and distribution services, and representing generators in the wholesale market. Anyone planning to engage in power marketing must register with. Power marketers authorized to provide electricity supply services to end users and to represent generators in the wholesale market are called suppliers. All suppliers will require a permit from the CRE. The law provides for three types of suppliers: basic service suppliers, qualified service suppliers and emergency service suppliers. Suppliers enter into contracts to buy electricity from generators or from the grid and resell it to customers in the regions where the suppliers are authorized to operate. Basic service suppliers will only be permitted to sell power to basic service users under power purchase agreements. Only CFE, through retail subsidiaries, can provide these services. Qualified service suppliers will be able to sell electricity to qualified users and act for exempt generators in placing their electricity in the wholesale market. Emergency service suppliers may only provide emergency power services to qualified users, at the maximum regulated price and for a limited time period, to maintain continuity in the supply of electricity. They also may represent exempt generators in the wholesale market. Qualified users that are registered market participants will be permitted to do any marketing activity other than sell electricity to third parties. Power traders will be able to operate in the market. Transmission and Distribution Although the distribution and transmission of electricity will remain under the control of the state, the government will be authorized, through productive state enterprises (mainly, CFE subsidiaries), to enter into agreements or joint ventures with private parties to finance, install, maintain, manage, operate and expand the transmission and distribution networks. The CFE is expected to launch public international tenders for the construction and operation of transmission lines, with CFE acting as supervisor and remaining the middleman for dealing with, registered market participants and end users. The electric industry law imposes joint liability on private companies constructing or operating transmission lines, but only to the extent of the scope of the services provided. The tariffs for these services, as well as the terms of service, will be regulated by the CRE. The law establishes a local content requirement for anyone constructing or operating transmission and distribution lines, except where an international treaty or commercial agreement to which Mexico is a party provides otherwise. The local content requirement will be set by the Ministry of Energy, but it is not intended as a barrier to private investment. The law also bars any transmission and distribution infrastructure that belongs in the public domain from being granted as collateral security. The interconnection of power plants and load points with the grid will be regulated by. may direct transmission providers and distributors to interconnect to power plants requesting interconnection under terms that are not unduly discriminatory. The law provides for an open access obligation, subject to technical and security requirements. Transmission providers and distributors will be obligated to enter into interconnection / continued page 4 3
4 continued from page 3 agreements using forms issued by the CRE within 10 days after issuance of an order by and to perform the physical interconnection within 72 hours following an instruction from. Generators and end users can install interties, at their own expense, or may ask or the transmission providers and distributors to build such facilities as part of their network expansion and modernization plans or may contract with them for the construction services, at the generators and end users own expense. Grandfather Rights There has been a lot of attention lately in Mexico to grandfathering development-stage and operating projects. The electric industry law addresses the rights of permit holders under the old legal regime. Anyone who held a permit for self-supply, cogeneration, small production (meaning under 30 megawatts), independent power production (meaning at least 30 megawatts) and to import or export electricity will be able to retain the permit and continue operating under the old rules. However, a permit holder may choose to exchange its existing permit for a new generation permit under the new law, but with the option of going back to its old permit and interconnection agreement at any time in the next five years. The term of the existing permit and interconnection agreement will remain as originally granted. Grandfathered interconnection contracts (Contratos de Interconexión Legados) will retain the rights under the old rules relating to self-supplied capacity, a postage-stamp wheeling tariff, energy banking and renewable energy projects. The right of existing permit holders of renewable energy projects, in particular, to operate under old law was a very significant issue, as there was a great deal of concern and anxiety in the run up to the enactment of the new law about whether renewable energy projects would be hurt by the new wholesale market rules without any regulatory assistance, subsidies or incentives. Applications for self-supply, cogeneration, small producer, independent power producer and import and export permits that were pending on August 12, 2014 will be processed by the CRE in accordance with the old rules. Applicants that have paid the application fees and permit holders that have yet to execute an interconnection agreement may retain the right to enter into a 20-year grandfathered interconnection agreement for their projects. However, the permit holder must notify the CRE by October 11 that it plans to continue the project. Then it has until December 31, 2016 to arrange financing for the entire project and enter into commitments to acquire the equipment and pay at least 30% of the total project cost. Alternatively, a permit holder can lock in grandfather rights by being assigned transmission capacity through an open season process and satisfying all payment and bond requirements. Parties to a grandfathered interconnection agreement may register in the market all or a portion of the capacity included in their interconnection contracts and offtakers may register their load points in the qualified user registry. Any such registered capacity must be excluded from the grandfathered interconnection agreement and be included in a new interconnection agreement and generation permit under the new law, while offtaker load points registered in the qualified user registry must be excluded from the grandfathered interconnection agreement and be included in a new interconnection agreement under the new law. Financial Transmission Rights and Interruptible Load The Mexican wholesale electricity market incorporates elements from electricity markets in the United States, such as financial and congestion transmission rights and demand response or interruptible load. Financial transmission rights (Derechos Financieros de Transmisión) will be sold and traded among market participants. They will have the same tenor as the underlying interconnection agreement or useful life of the power plant, whichever is longer. Anyone that was a party to a grandfathered interconnection agreement or a transmission agreement on August 12, 2014 has the option, when entering into new interconnection agreements under the new regulations, to acquire, at no cost, firm financial transmission rights corresponding to the historic use of the load points included in the grandfathered interconnection agreement or transmission agreement. Turning to interruptible load (Demanda Controlable), end users, both basic and qualified, will be subject to requirements set by. Representatives of guaranteed interruptible load (Demanda Controlable Garantizada) will be required to register their capacity with. / continued page 5 4
5 continued from page 4 Renewable Energy and Distributed Generation The new law has no specific provisions for renewable energy projects, but it deals with them in a roundabout way by addressing clean energies, defined as any type of energy source and power generation process that does not exceed an emissions or residue threshold. The law does not differentiate among technologies, but lists among the clean energies wind, solar, tidal wave, geothermal, biomass, hydroelectric, nuclear, waste-to-energy and carbon sequestration. The Ministry of Energy will implement a mechanism for trading clean energy certificates to promote clean energy projects and diversify energy sources, with minimum percentage requirements that market participants must either sell or acquire, through public tenders or direct sales. The minimum number certificates that each market participant must buy will be tied to the total electricity consumption at load points. Minimum purchase requirements for clean energy certificates will be set the first quarter of each year for the following three-year period. Clean energy certificates will be issued by the CRE. Offtakers with load points covered by grandfathered interconnection contracts are exempted from the need to purchase clean energy certificates to the extent that they buy enough electricity from clean energy sources to cover their entire electricity needs. The existing accelerated depreciation benefit for renewable energy projects will remain in place. The law allows exempt generators with generating facilities interconnected to distribution networks serving a high number of load points to operate under a distributed generation scheme. Distributed generation will have open access to distribution networks and markets to sell its production. The Ministry of Energy is charged with promoting credit and other forms of financing for clean energy distributed generation facilities. Electricity customers will be able to engage in net metering with their retail suppliers. The CRE will issue a form of contract to be used and decide on the payment methodology. Other Information The law contains a number of provisions that regulate the social impact of power projects on local and indigenous communities. It requires that all parties interested in obtaining a permit or authorization to generate electricity must present the Ministry of Energy with a social impact assessment that not only describes the potential social impacts, but also offers mitigation measures. The Ministry of Energy is expected to issue the initial market rules and establish a wholesale electricity market within the next nine to 12 months. The CRE has nine months -- until early April to issue the model contracts to be used in the wholesale electricity market. Supplemental rules and regulations will need to be issued on the same timeline. will start functioning as an independent agency of the government by December The CFE will operate in the future under a new law that was enacted as part of the package of laws adopted alongside the electric industry law, The CFE will become productive state enterprise with technical, operational and administrative autonomy. It will perform all public service transmission and distribution activities, as well as power generation and power marketing services either directly or through subsidiaries. It may import, export, transport, store and market gas, coal and other fuels and, in the process, turn into a fully-integrated energy company. CFE may also form partnerships and strategic alliances to provide its services and will be able to develop projects with private sponsors under public-private partnerships. It will no longer be subject to ordinary government procurement rules, which will provide CFE with more flexibility and efficiency in contracting for works and services. Finally, the CFE will have budgetary autonomy, but subject to budget balancing and indebtedness limitations proposed by the Ministry of Finance and approved by the Mexican Congress. September
GUIDE TO FEDERAL REGULATION OF SALES OF IMPORTED ELECTRICITY IN CANADA, MEXICO, AND THE UNITED STATES
GUIDE TO FEDERAL REGULATION OF SALES OF IMPORTED ELECTRICITY IN CANADA, MEXICO, AND THE UNITED STATES A Publication of The North American Energy Working Group January 2005 1 The North American Energy Working
More informationMexican Energy Reform. Implications and opportunities in the national electricity network
Mexican Energy Reform Implications and opportunities in the national electricity network Contents 1. What are the implications of the reform? 4 2. How can we help you identify opportunities and obtain
More informationMexico s Guidelines for Clean Energy Certificates Will Support Renewable Energy Development
Client Alert Latin America Energy Finance October 27, 2014 Mexico s Guidelines for Clean Energy Certificates Will Support Renewable Energy Development By Michael S. Hindus, Eric Save and John B. McNeece
More informationBusiness Intelligence Unit 2015
Business Intelligence Unit 2015 Wind Solar Biomass Marine Total # of projects Under About to start construction operations Total % Share MW Sonora 25 237 518 755 19% Chihuahua 20 181 495 676 17%
More informationTransformation of the Mexican power sector. Implications of the Electricity Industry Law and the CFE Law
Transformation of the Mexican power sector Implications of the Electricity Industry Law and the CFE Law Table of content 1. Executive Summary... 3 2. Who does what?... 5 3. CFE as State Productive Company...
More informationTHE STATE OF NEW HAMPSHIRE BEFORE THE NEW HAMPSHIRE PUBLIC UTILITIES COMMISSION. Docket No. VIVINT SOLAR, INC. PETITION FOR DECLARATORY RULING
THE STATE OF NEW HAMPSHIRE BEFORE THE NEW HAMPSHIRE PUBLIC UTILITIES COMMISSION Docket No. VIVINT SOLAR, INC. PETITION FOR DECLARATORY RULING I. Introduction Pursuant to N.H. Code Admin. R. Ann. PUC 203
More informationAddressing Barriers to Renewable Energy Procurement. In association with the EPA Green Power Partnership
Addressing Barriers to Renewable Energy Procurement In association with the EPA Green Power Partnership September 19, 2012 CORPORATE GOALS Corporations are increasingly interested renewable energy. The
More informationSenate Bill No. 7 Texas Electric Restructuring Act
Senate Bill No. 7 Texas Electric Restructuring Act This summary of Texas newly enacted electric restructuring law was prepared by the Office of Public Utility Counsel for National Association of State
More informationEntering in Mexico s electricity generation business with 2,000 MW. October 23, 2015
Entering in Mexico s electricity generation business with 2,000 MW October 23, 2015 Strategic compliance Sector overview Project description Final remarks Page 2 Page 4 Page 14 Page 18 1 Compliance with
More informationPhotovoltaic in Mexico Recent Developments and Future
Photovoltaic in Mexico Recent Developments and Future Rodolfo Martínez Strevel Berlin, Germany May 23th, 2013 Bufete de Tecnología Solar, S.A. (BUTECSA) Production of Primary Energy in Mexico, 2011 % 7,0
More informationForatom event 29 April 2015
Foratom event 29 April 2015 New nuclear in the UK and Electricity Market Reform Colin Parker Head of European Liaison - EDF Energy 1 April 2015 EDF Energy plc. All rights reserved. EDF Energy A UK energy
More informationRenewable Energies: Opportunities for Mexico
Renewable Energies: Opportunities for Mexico Maria Elena Sierra Deputy Director Marzo 2007 2 What is CONAE? Federal Entity under the umbrella of the Ministry of Energy with managerial, financial and technical
More informationRENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS
RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS Ieva Kuodė Ministry of Energy of the Republic of Lithuania SOLINVEST 2015-06-02 RES TARGETS BY 2020 23% the share of energy from renewable
More informationCOMPETITIVE ELECTRIC ENERGY MARKET IN GREECE
NATIONAL TECHNICAL UNIVERSITY OF ATHENS (NTUA) GREECE COMPETITIVE ELECTRIC ENERGY MARKET IN GREECE EVANGELOS DIALYNAS Professor NTUA Director of Electric Power Division 1 Competitive Electric European
More informationExpanding Renewable Energy Options for Companies Through Utility-Offered Renewable Energy Tariffs
April 19, 2013 Expanding Renewable Energy Options for Companies Through Utility-Offered Renewable Energy Tariffs Table of Contents Background...1 What s needed: A better approach...2 A renewable energy
More information78th OREGON LEGISLATIVE ASSEMBLY--2016 Regular Session. Enrolled
78th OREGON LEGISLATIVE ASSEMBLY--2016 Regular Session Enrolled Senate Bill 1547 Sponsored by Senator BEYER; Senators BATES, BURDICK, DEMBROW, DEVLIN, GELSER, HASS, MONNES ANDERSON, MONROE, RILEY, ROSENBAUM,
More informationAN ECONOMIC EVALUATION OF DISTRIBUTED ELECTRICITY GENERATION TECHNOLOGIES
AN ECONOMIC EVALUATION OF DISTRIBUTED ELECTRICITY GENERATION TECHNOLOGIES ABSTRACT Alexander Mészáros Distributed generation, the small-scale production of electricity at or near customers' homes and businesses,
More informationUNEP IMF GIZ - GSI workshop. Reforming Fossil Fuel Subsidies for an Inclusive Green Economy
UNEP IMF GIZ - GSI workshop Reforming Fossil Fuel Subsidies for an Inclusive Green Economy April, 2014 1 Index I. Pricing Policy and Implicit Subsidies: a) Fossil fuels b) Electricity II. Mexican Fiscal
More informationTHE AMENDED RENEWABLE ENERGY SOURCES ACT 2014 (EEG 2014)
THE AMENDED RENEWABLE ENERGY SOURCES ACT 2014 (EEG 2014) 18.08.2014 Energy Regulatory & Governmental Affairs The Amended Renewable Energy Sources Act 2014 (EEG 2014) With the most recent amendment of the
More informationCurrent Status and Future Prospects for the Power Market in Egypt
Current Status and Future Prospects for the Power Market in Egypt Dr. Walid El-Khattam Ain Shams University (Cairo, Egypt) The Egyptian Electricity Regulator (EgyptERA) Berlin, June 11 th, 2013 1 Contents
More informationTexas Electricity Basics
Basics EnergyWize Agent Certification Program www.myenergywize.com Introduction OBJECTIVE After completing this training, you should feel comfortable with how the competitive electricity market works in
More informationA BILL FOR AN ACT ENTITLED: "AN ACT INCREASING THE CAP ON NET METERING; AMENDING SECTION
HB0.0 HOUSE BILL NO. INTRODUCED BY A. WITTICH A BILL FOR AN ACT ENTITLED: "AN ACT INCREASING THE CAP ON NET METERING; AMENDING SECTION --0, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE." BE IT ENACTED
More informationThe UK Electricity Market Reform and the Capacity Market
The UK Electricity Market Reform and the Capacity Market Neil Bush, Head Energy Economist University Paris-Dauphine Tuesday 16 th April, 2013 Overview 1 Rationale for Electricity Market Reform 2 Why have
More informationRenewable Electricity and Liberalised Markets REALM. JOULE-III Project JOR3-CT98-0290 GREECE ACTION PLAN. By ICCS / NTUA K. Delkis
Renewable Electricity and Liberalised Markets REALM JOULE-III Project JOR3-CT98-0290 GREECE ACTION PLAN By ICCS / NTUA K. Delkis October 1999 INTRODUCTION AND BACKGROUND Background to Renewable Energy
More informationElectricity in Egypt
T: (+20) 2 3760 4592 F: (+20) 2 3760 4593 A: 16 Hussein Wassef Street, Messaha Square Dokki, Giza, Egypt 12311 www.ide.com.eg Electricity in Egypt Policy and Regulatory Reform November 2015 Electricity
More informationClean Energy Jobs Plan
Clean Energy Jobs Plan Introduction When I was governor, California was the world leader in renewable energy and it led the nation in efficiency standards. Our programs saved California consumers billions
More informationDISCLOSURE NOTES. How the accounts are presented. Generation
DISCLOSURE NOTES As a result of changes in SSE s management and reporting structure in 2011/12 and in the interests of improved transparency, SSE s financial statements for the year ending March 2012 were
More informationThe North American Process: Steps Toward Stronger Partnership A Working Symposium
The North American Process: Steps Toward Stronger Partnership A Working Symposium Hyatt Regency, Phoenix March 30-31, 2016 North American Electricity Primer Sapna Gupta Senior Policy Analyst, Morrison
More informationCustomer Bill Impacts of Generation Sources in Ontario. Canadian Wind Energy Association
Customer Bill Impacts of Generation Sources in Ontario Prepared for: Canadian Wind Energy Association February 15, 2013 poweradvisoryllc.com 978 369-2465 Table of Contents Executive Summary... i 1. Introduction
More informationGENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2015
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION H D HOUSE BILL 1 PROPOSED COMMITTEE SUBSTITUTE H1-CSTD- [v.] // :: PM Short Title: NC Energy Ratepayers Protection Act. (Public) Sponsors: Referred to: April,
More informationFinancing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency
RENEWABLE ENERGY INDUSTRIAL ENERGY EFFICIENCY BUILDING ENERGY EFFICIENCY Financing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency A RANGE OF FINANCIAL SUPPORT
More information62-133.8. Renewable Energy and Energy Efficiency Portfolio Standard (REPS).
62-133.8. Renewable Energy and Energy Efficiency Portfolio Standard (REPS). (a) Definitions. As used in this section: (1) "Combined heat and power system" means a system that uses waste heat to produce
More informationJapan. Nagahide Sato and Sadayuki Matsudaira Nishimura & Asahi
Nagahide Sato and Sadayuki Matsudaira Nishimura & Asahi 1 Policy and law What is the government policy and legislative framework for the electricity sector? The electricity sector in is governed by the
More informationRenewable Energy Strategy for 2020 and Regulatory Framework. Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency
Renewable Energy Strategy for 2020 and Regulatory Framework Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency Objectives of the Agency Regulate, supervise, and control all matters
More informationClean State Energy Actions 2011 Update. connecticut
Energy Efficiency Appliance/Equipment Efficiency Standards Building Energy Codes Utility Demand-Side-Management Utility Rate Realignment Energy Savings Targets/Energy Efficiency Resource Standards Public
More informationTurkey Promulgates Renewable Energy Regulations
September 28, 2011 Turkey Promulgates Renewable Energy Regulations Turkey's Ministry of Energy and Natural Sources (the "Ministry of Energy") and Energy Market Regulatory Authority ("EMRA") promulgated
More informationOverview of the IESO-Administered Markets. IESO Training. Updated: January, 2014. Public
Overview of the IESO-Administered Markets IESO Training Updated: January, 2014 Public Overview of the IESO-Administered Markets AN IESO TRAINING PUBLICATION This guide has been prepared to assist in the
More informationMEXICAN ENERGY REFORMS
MEXICAN ENERGY REFORMS JOHNS HOPKINS UNIVERSITY School of Advanced International Studies Dr. Francisco Barnés de Castro Comisión Reguladora de Energía Abril 29, 2014 1. Brief history of the energy industry
More informationMexico. Rogelio López-Velarde and Amanda Valdez. López Velarde, Heftye y Soria
Rogelio López-Velarde and Amanda Valdez 1 Policy and law What is the government policy and legislative framework for the electricity sector? Under s constitution, the generation, transmission, distribution
More informationSECTOR ASSESSMENT (SUMMARY): ENERGY. 1. Sector Performance, Problems, and Opportunities
Country Operations Business Plan: Philippines, 2013 2015 SECTOR ASSESSMENT (SUMMARY): ENERGY 1. Sector Performance, Problems, and Opportunities 1. Challenges. Economic growth has been impeded in the Philippines
More informationOpportunity, Policy, and Practice for Renewable Energy: New Mexico Case Study
Opportunity, Policy, and Practice for Renewable Energy: New Mexico Case Study 1 Federal policy: RPS, RES, CES Program Design Element S 3813 Renewable Energy Promotion Act 2010 (Bingaman) S. 1462 American
More informationSustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility
Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility Welcome to SREDA Siddique Zobair Member (EE & C) Sustainable & Renewable Energy Development Authority
More informationREC QUESTIONS & ANSWERS
REC QUESTIONS & ANSWERS Q: What is a REC? A: A Renewable Energy Certificate (REC), also known as a Green Tag, Renewable Energy Credit, or Tradable Renewable Energy Certificate (TREC), is a tradable environmental
More informationSelected Issues in Electricity Choice: Wholesale and Retail April 20, 2006
Selected Issues in Electricity Choice: Wholesale and Retail April 20, 2006 Rajnish Barua, Ph.D. Chairman s Energy Advisor Pennsylvania PUC P. O. Box 3265 Harrisburg, PA 17120 Tel: 717-214-1956 Email: rbarua@state.pa.us
More informationJapan. Nagahide Sato and Sadayuki Matsudaira. Nishimura & Asahi
Nagahide Sato and Sadayuki Matsudaira Nishimura & Asahi 1 Policy and law What is the government policy and legislative framework for the electricity sector? The electricity sector in is governed by the
More informationSolar Power in China. By Zhou Fengqing
Solar Power in China By Zhou Fengqing Overview Adjust Chinese power structure Feasibility of solar power in China Solar energy as national policies Legislations of solar energy Adjust Chinese Power Structure
More informationSolar Market Potential in Mexico
Solar Market Potential in Mexico c Gauss Energia Alberto Valdés Joscha Rosenbusch President Mexican Solar Association Principal Advisor GIZ Programa Energia Solar a Gran Escala en México (DKTI-Solar) Intersolar
More informationOnly in case of serious legal break
MEXICO Electricity and Hydrocarbons Regulator NAME WEBSITE LATEST ANNUAL REPORT Comisión Reguladora de Energía or Energy Regulatory Commission CRE http://www.cre.gob.mx http://www.cre.gob.mx/pagina_a.aspx?id=25
More informationRegulation for Renewable Energy Development: Lessons from Sri Lanka Experience
Regulation for Renewable Energy Development: Lessons from Sri Lanka Experience Priyantha D C Wijayatunga Asian Development Bank, Manila, Philippines * Corresponding author. Tel: +6326326131, Fax: +6326362338,
More informationFACT SHEET. NEM fast facts:
(NEM) operates on one of the world s longest interconnected power systems, stretching from Port Douglas in Queensland to Port Lincoln in South Australia and across the Bass Strait to Tasmania a distance
More informationELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL INENCO OVERVIEW
ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL INENCO OVERVIEW February 2014 ELECTRICITY MARKET REFORM (EMR) & THE ENERGY BILL The Energy Bill is the government s flagship energy policy. There have
More informationState of South Dakota
State of South Dakota EIGHTY-THIRD SESSION LEGISLATIVE ASSEMBLY, 00 P0 HOUSE BILL NO. Introduced by: Representatives Feinstein, Ahlers, Burg, Dennert, Elliott, Engels, Gassman, Lucas, Miles, Moore, Nygaard,
More informationNational Report 2015 to the Agency for the Cooperation of Energy Regulators and to the European Commission
Ref: 1842/601/2015 10.7.2015 National Report 2015 to the Agency for the Cooperation of Energy Regulators and to the European Commission Finland National Report 2015 - Energy Authority, Finland 1 CONTENT
More informationTHE TURKISH RENEWABLE ENERGY LAW: STILL HUNGRY I. INTRODUCTION
THE TURKISH RENEWABLE ENERGY LAW: STILL HUNGRY By Mehtap Yildirim Öztürk and Çagdas Evrim Ergün ε Turkey has recently enacted its first renewable energy law, namely Law No. 5346 Concerning the Use of Renewable
More informationPromoting the Cross-Border Renewable Energy Market
Promoting the Cross-Border Renewable Energy Market Meeting report: Creating a Regional Renewable Market in the Californias Woodrow Wilson International Center for Scholars. Washington, DC January 25, 2010
More informationSuccess story: Feed-In Tariffs Support renewable energy in Germany
Success story: Feed-In Tariffs Support renewable energy in Germany This document will show how this success story has been brought about and is made up of the following sections: 1. What is a Feed-In Tariff?
More informationThe terms set forth in 220 CMR 18.02 shall be defined as follows, unless the context otherwise requires.
220 CMR 18.00: NET METERING Section 18.01: Purpose and Scope 18.02: Definitions 18.03: Net Metering Services 18.04: Calculation of Net Metering Credits 18.05: Allocation of Net Metering Credits 18.06:
More informationGlobal Energy Industry review
Winter 2014 Global Energy Industry review 1 Analysis of Mexico s New Hydrocarbons Legal Regime 12 Analysis of Mexico s New Electric Industry Law 17 Romania Energy Investment Opportunities 21 Power Sector
More informationDRAFT KERALA STATE ELECTRICITY REGULATORY COMMISSION, NOTICE. No. 442/CT/2014/KSERC Dated, Thiruvananthapuram 31 st March, 2015
DRAFT 31.3.2015 KERALA STATE ELECTRICITY REGULATORY COMMISSION, NOTICE 442/CT/2014/KSERC Dated, Thiruvananthapuram 31 st March, 2015 The Kerala State Electricity Regulatory Commission hereby publishes
More informationSECTOR ASSESSMENT (SUMMARY): ENERGY 1. 1. Sector Performance, Problems, and Opportunities
Country Partnership Strategy: Bangladesh, 2011 SECTOR ASSESSMENT (SUMMARY): ENERGY 1 Sector Road Map 1. Sector Performance, Problems, and Opportunities 1. Power generation gap. Bangladesh endures long
More information1. EXECUTIVE SUMMARY AND KEY RECOMMENDATIONS
1. EXECUTIVE SUMMARY AND KEY RECOMMENDATIONS EXECUTIVE SUMMARY Energy policy in Greece has the potential to make a significant contribution to the country s economic recovery. Increasing competition and
More informationSelf-Direction of Public Purpose Charges for Renewable Power Purchases, Renewable Tags or On-Site Generation From Renewable Resources
Self-Direction of Public Purpose Charges for Renewable Power Purchases, Renewable Tags or On-Site Generation From Renewable Resources Statutory Requirements Expenditures for electricity from renewable
More informationRenewable Energy Certificates
EPA s Green Power Partnership Renewable Energy Certificates Last updated: July 2008 U.S. Environmental Protection Agency 1200 Pennsylvania Ave, NW (Mail Code 6202J) Washington, DC 20460 www.epa.gov/greenpower
More informationFull Scale Program for Renewable Energy in Egypt
Full Scale Program for Renewable Energy in Egypt Contents Evolution of Egypt Needs of Electricity and its supply mix Renewable Energy Policy and Targets Renewable Energy Program Components Conclusions
More informationWestern Australia and the Northern Territory are not connected to the NEM, primarily due to the distance between networks.
Australia has one of the world s longest alternating current (AC) systems, stretching from Port Douglas in Queensland to Port Lincoln in South Australia and across the Bass Strait to Tasmania a distance
More informationPG&E and Renewable Energy. Chuck Hornbrook Senior Manager Solar and Customer Generation
PG&E and Renewable Energy Chuck Hornbrook Senior Manager Solar and Customer Generation PG&E and our Business What we do: Deliver safe, reliable, and environmentally responsible gas and electricity to approximately
More informationTAMPA ELECTRIC COMPANY UNDOCKETED: SOLAR ENERGY IN FLORIDA STAFF S REQUEST FOR COMMENTS INTRODUCTION PAGE 1 OF 1 FILED: JUNE 23, 2015.
INTRODUCTION PAGE 1 OF 1 Introduction Solar power is an important part of Florida s energy future and can provide a number of benefits to Florida and its citizens by generating power without emissions
More informationThe Prospects for Small Hydropower in Mexico
The Prospects for Small Hydropower in Mexico Jorge M Huacuz Non-Conventional Energy Unit Electrical Research Institute Cuernavaca, Mexico Who can produce electricity in Mexico? Export 2.2 CFE, the National
More informationE N G I N E E R I N G
Purpose If the customer s proposed project proceeds to Gate 1 of the Integrated Customer Solutions (ICS) process (see the ICS Process and Proposal Submission Guide), the customer must prepare a Load Displacement
More informationRenewable Energy Certificates & Green Power Certification. Dr. Jan Hamrin Center for Resource Solutions San Francisco, CA
Renewable Energy Certificates & Green Power Certification Dr. Jan Hamrin Center for Resource Solutions San Francisco, CA The Same by Any Other Name Tradable Renewable Energy Certificates Renewable Certificates
More informationOFFICIAL VERSION IN SPANISH. LEGISLATIVE ASSEMBLY LAW No. 45 (Of August 4, 2004)
LEGISLATIVE ASSEMBLY LAW No. 45 (Of August 4, 2004) That establishes a regime of incentives for the promotion of hydroelectric generation systems and other new, renewable and clean resources, and other
More informationwelcome! Turkish Renewable Energy Market Rome 29 th April 2015 Levent Çelepçi
welcome! Turkish Renewable Energy Market Rome 29 th April 2015 Levent Çelepçi Turkish Map 65,000,000,000 Dollars Current Deficit Overview Turkish Electricity Market-Growth Potential Turkey s importance
More informationMexico is living in very interesting times. With a new reform
Mexico s ongoing energy reform and infrastructure trends: new investment opportunities Julián J Garza C and Héctor Arangua L of Nader Hayaux & Goebel in Mexico City look at the possibilities opening up
More informationUK renewable energy an update
UK renewable energy an update 30 October 2014 Robert Hull, Managing Director Renewable energy key challenges 1 2 3 Costs to Climate change: Risks to security consumers: decarbonising of supply: short affordability
More informationElectric Utilities. Introduction to the module
Introduction to the module The electric utilities module is based on a reporting framework produced by the Institutional Investors Group on Climate Change (IIGCC), Ceres, and the Investor Group on Climate
More informationMARKET BASED INSTRUMENTS: AUSTRALIA S EXPERIENCE WITH TRADING RENEWABLE ENERGY CERTIFICATES
Workshop on Good Practices in Policies and Measures, 8-10 October 2001, Copenhagen MARKET BASED INSTRUMENTS: AUSTRALIA S EXPERIENCE WITH TRADING RENEWABLE ENERGY CERTIFICATES Gwen Andrews Australia Chief
More informationNational Report 2014 to the Agency for the Cooperation of Energy Regulators and to the European Commission
Ref: 1602/601/2014 10.7.2014 National Report 2014 to the Agency for the Cooperation of Energy Regulators and to the European Commission Finland National Report 2014 - Energy Authority, Finland 1 CONTENT
More informationDirective 2009/72/EC of 13 July 2009 concerning common rules for the internal market in electricity and repealing Directive 2003/54/EC
Directive 2009/72/EC of 13 July 2009 concerning common rules for the internal market in electricity and repealing Directive 2003/54/EC Incorporated and adapted by Ministerial Council Decision 2011/02/MC-EnC
More informationEmerging market for Green Certificates
Emerging market for Green Certificates Dr Marianne OSTERKORN, Director of REEEP Dr Xavier LEMAIRE, SERN/REEEP CONTENT 1. What is a certificate system? 2. How certificates system works 3. What are the benefits
More informationWind Energy Incentives in the USA
Wind Energy Incentives in the USA Rob Gramlich Senior Vice President, Public Policy American Wind Energy Association American Wind Energy Association Trade association for the wind energy industry Over
More informationCHAPTER 242. 1. Section 3 of P.L.1999, c.23 (C.48:3-51) is amended to read as follows:
CHAPTER 242 AN ACT concerning electric power and gas suppliers and amending P.L.1999, c.23. BE IT ENACTED by the Senate and General Assembly of the State of New Jersey: 1. Section 3 of P.L.1999, c.23 (C.48:3-51)
More informationINDONESIA S COUNTRY REPORT ENCOURAGING CLEAN ENERGY INITIATIVE
DEWAN PERWAKILAN RAKYAT REPUBLIK INDONESIA INDONESIA S COUNTRY REPORT ENCOURAGING CLEAN ENERGY INITIATIVE As part of the international community, Indonesia shares its concern on the environment and development
More informationENERGY REFORM. Strengthen the stewardship of the State as the owner of the oil and gas, and as regulator of the oil industry.
I. The Objectives of the Reform. The bill being submitted by the Federal Executive for the consideration of the Congress of the Union, proposes that Constitutional Article 27 return to state what President
More informationPhase 1 Terms of Reference (Amended May 2014)
(Amendments are shown in red type) Electricity Market Review Phase 1 Terms of Reference (Amended May 2014) Department of Finance Public Utilities Office January 2014 1. Introduction Regulated retail electricity
More informationACCELERATING GREEN ENERGY TOWARDS 2020. The Danish Energy Agreement of March 2012
ACCELERATING GREEN ENERGY TOWARDS The Danish Energy Agreement of March 2012 The most ambitious energy plan of the world In March 2012 a historic new Energy Agreement was reached in Denmark. The Agreement
More informationlook A closer Have you ever wanted to look into what makes up electricity prices and find out how the electricity market works? at electricity prices
Electricity prices explained Have you ever wanted to look into what makes up electricity prices and find out how the electricity market works? Then this information may help because it s important to Contact
More informationUttar Pradesh Rooftop Solar Photovoltaic Power Plant Policy, 2014
Uttar Pradesh Rooftop Solar Photovoltaic Power Plant Policy, 2014 Table of Contents 1- PREAMBLE - 1 2- OBJECTIVES - 1 3- OPERATIVE PERIOD - 1 4- IMPLEMENTATION PLAN - 2 5- ELIGIBLE ENTITIES - 2 6- TARGETS
More informationWe endorse a comprehensive approach to address all greenhouse gas emissions. We recognise the importance of increasing energy efficiency
JOINT STATEMENT BY THE G8 ENERGY MINISTERS, THE EUROPEAN ENERGY COMMISSIONER, THE ENERGY MINISTERS OF BRAZIL, CHINA, EGYPT, IN- DIA, KOREA, MEXICO, SAUDI ARABIA, AND SOUTH AFRICA The Energy Ministers of
More informationDistributed Energy Resource Options and The Importance of The Electric Power Grid
Distributed Energy Resource Options and The Importance of The Electric Power Grid David K. Owens Executive Vice President Edison Electric Institute National Conference of State Legislatures Webinar on
More informationSolar Development Volatility in the New Jersey RPS
Solar Development Volatility in the New Jersey RPS B. Scott Hunter RE Program Administrator, New Jersey Board of Public Utilities September 23, 2014 Solar Development Volatility in the Context of NJ s
More informationPage 1 of 11. F u t u r e M e l b o u r n e C o m m i t t e e Agenda Item 7.1. Notice of Motion: Cr Wood, Renewable Energy Target 9 September 2014
Page 1 of 11 F u t u r e M e l b o u r n e C o m m i t t e e Agenda Item 7.1 Notice of Motion: Cr Wood, Renewable Energy Target 9 September 2014 Motion 1. That Council resolves that the Chair of the Environment
More informationRenewable Energy Finance, Market & Policy Overview
Renewable Energy Finance, Market & Policy Overview April 2014 Generation (TWh) - Solid Lines Retail Cost ($/kwh) - Dashed Lines Renewable Energy Policy is Driving Massive Private Capital Investment The
More informationKey Structural Challenges to Mexico s Electric Power Sector Reform
Key Structural Challenges to Mexico s Electric Power Sector Reform Mexico's Energy Reform: What's Next for Gas and Electricity? Presented by Nicolas Puga - Partner 2 Key Objectives of the Reform 1. Lower
More informationPoland must fully transpose the Third Energy Package Directives without further delay to liberalise the electricity and gas markets.
Poland Key Issues + With regard to electricity, coal is still the main source of fuel for power generation. Poland's generating capacity is ageing, and the country needs better incentives for investment
More informationFrequently Asked Questions PG&E s Power Purchase Agreement for Small Renewable Generation Feed-in Tariffs
Frequently Asked Questions PG&E s Power Purchase Agreement for Small Renewable Generation Feed-in Tariffs What is the small renewable generation power purchase agreement? Effective February 20, 2008, PG&E
More informationEnergy Act 2011 CHAPTER 1 CONTENTS PART 1 ENERGY EFFICIENCY GREEN DEAL
Energy Act 2011 CHAPTER 16 CONTENTS PART 1 ENERGY EFFICIENCY CHAPTER 1 GREEN DEAL Introductory 1 Green deal plans 2 Green deal plans: supplementary 3 Framework regulations Green deal plan 4 Assessment
More informationDelivering Clean Energy
Delivering Clean Energy Meeting Energy Needs Homes and businesses across the country depend on energy to support the economy and sustain a high quality of life. Yet there s also a responsibility to provide
More informationSUPPLEMENTAL INVESTOR INFORMATION. Fourth Quarter 2012
SUPPLEMENTAL INVESTOR INFORMATION Fourth Quarter 2012 Kevin Bryant Tony Carreño VP Investor Relations and Strategic Director Investor Relations Planning & Treasurer 816-556-2782 816-654-1763 anthony.carreno@kcpl.com
More informationRegulatory Environment and Electricity Tariff Design in Nigeria. Nigerian Electricity Regulatory Commission June, 2013
Regulatory Environment and Electricity Tariff Design in Nigeria By Nigerian Electricity Regulatory Commission June, 2013 Outline Functions of the Commission Tariff Regulation in Nigeria Methodology of
More informationRenewable Energy. 2015 LORD Green Real Estate Strategies, Inc.
Renewable Energy Benefits of Renewable Energy Meet real estate portfolio GHG emission reduction/reporting goals Use energy that produces no GHG emissions from fossil fuels and reduces air pollution Mitigate
More information