National Smart Meter Programme. Time of Use Tariffs Mandate CER/13/152 Consultation Paper Response
|
|
- Lester Jenkins
- 8 years ago
- Views:
Transcription
1 National Smart Meter Programme Time of Use Tariffs Mandate CER/13/152 Consultation Paper Response
2 Contents 1 Foreward Consultation Responses... 4
3 1 Foreword This document lays out the Bord Gais Energy response to the CER consultation process on the Time of Use Tariff Mandate. Bord Gais Energy acknowledges the Smart Meter Programme goals of Energy Reduction and Peak Demand Shifting. Bord Gais Energy also acknowledges the Time of Use Tariff mandate and its role in assisting programme goals. Bord Gais Energy has investigated the impact of a Time of Use mandate on itself and its customers. As a result, we highlight the diverse energy needs and consumption patterns across our consumer base and their requirement for diverse and flexible responses to those needs. We also regard some market changes as pre-requisites for the invocation of Smart Metering, introduction of Time of Use tariffs and progress towards Programme goals. These are: the availability of half hourly interval data for billing, settlement at MPRN level including distribution costs varying with time of day, a very restrictive opt-out approach that ensures maximum participation in the smart metering platform by consumers. Bord Gais Energy also requires the flexibility to innovate and create the best products for our customer base, assisting them to achieve programme goals, reduce energy use and shift peak demand. To do this: We require guaranteed access to half hourly consumption data We require market changes to incorporate half hourly settlement, including distribution charges that differ through the day, as a pre-requisite for Time of Use implementation We urge supplier flexibility in setting ToU tariff characteristics. Bord Gais Energy also acknowledges that some time-band restrictions may reasonably apply in transition but that a large number of time bands are required. We highlight consumer responses to inflexible tariff examples. These are perceived as unfair, not engaging and risk alienating consumers. They have no impact on use or cost. We encourage the CER not to over-specify tariff details mindful of the risk of customer disengagement and stifling of innovation in a young and recently de-regulated Irish market. We believe that Ireland has a unique opportunity to create an international benchmark for Smart Meter implementation. This can be achieved through the co-operation already evident in the programme to date, the active participation of a consumer-focused supply sector, flexibility and the space for innovation to emerge which achieves and potentially surpasses programme goals.
4 2 Consultation Responses The CER Consultation Paper on the Time of Use Tariff Mandate (CER/13/152) lays out the outputs from CER deliberations and industry engagement on the Time of Use mandate and related decisions made in The Bord Gais Energy responses to specific questions raised in the consultation paper are laid out below. Smart Meter Trial Findings Question 1: Do you think any additional analysis would be useful to support the development of an effective time of use mandate? If so, please describe the analysis and your reasoning. We think that there is potential to create strong supplier incentives to participate in a Time of Use (ToU) mandate through variable settlement pricing and provision of interval data. We are concerned by some of the conclusions drawn from the national trial, particularly in relation to mandated time-banding in the ToU tariff. There is merit in commissioning further analysis of the trial data i.e. particularly to explore the weak response to price signals in the standard ToU tariff offered. We believe this response may have been weak because of the dominance of working consumers in the trial and lack of relevance of the standard tariff to their consumption habits. The flexibility to shape multiple tariffs that resonate with consumer needs, offers the best opportunity to develop and effective ToU implementation. Micro-Generation Question 2: Do you have any customers on micro generation specific tariffs? If so, what are these, and how many customers are on each one? No. However the solution implemented should cater for exported power as suppliers may in the future provide signals to customers as to the optimum time to export.
5 Tariff Design Question 3: Do you think that there are any other types of regulation or parameters to regulate that should be considered? We believe that the ToU mandate seeks to extend unreasonably into supplier ToU pricing, rate differentials and time banding. We don t accept the legitimacy of that extension. All of the ToU examples shown in the consultation paper display a level of regulatory intervention in a de-regulated market that is unacceptable to us as a supplier and counter-productive to achieving programme goals. We have always stated that by providing suppliers with half hourly consumption interval data, we will transition our customers to ToU tariffs in a thoughtful and measured way that offers best value for them and best matches with programme goals. Supplier motivation via proper commercial incentives will work far better than tight regulation of product available in the retail market. Such commercial incentives allow the market to change and adapt tariffs to consumer responses over time. A rigid regulatory interpretation of the mandate risks alienating consumers and prohibiting future market development and refinement. Evaluation Criteria Question 4: Is there anything you would add or remove from these evaluation criteria? The implementation of the ToU mandate should be assessed primarily on its contribution to programme goals. Some criteria in the consultation paper have no precedent and are unhelpful in assessing suitability or effectiveness of ToU options. It is unclear, for example, how CER would measure understanding. It is clear from focus groups that consumers readily understand Time of Use pricing, its intention and its applicability to Energy use and other areas. It is clear also from focus groups that consumers are eager to engage in finding the correct tariff for their energy needs. However, CER research in 2012 showed that 94% of consumers do not understand existing flat-rate tariffs although, again in focus groups, they understand clearly the concept of energy having a single price throughout the day. The same survey also showed very high levels of trust and satisfaction with suppliers of energy. This means that consumers understand the basis on which they are billed without necessarily understanding every aspect of the tariff which by its nature has technical and legal elements. A similar finding may emerge in subsequent surveys and therefore we suggest that measurements of understanding should be carefully chosen if they are to remain in the evaluation criteria.
6 On the point of consumer protection, such protection is fully in place through supplier focus, existing market rules and supplier handbook provisions. No new rules should be required here arising from the introduction of smart meters. Example Tariffs Question 5: Are there any other examples that you would add to this list? Beyond transition, we strongly believe that suppliers should be given the scope to innovate in an energy market only recently open to competition. Such innovation will be mindful of Programme goals and will respond to consumer demand. Restricted regulation may be warranted if this period of innovation were to demonstrate failing on behalf of the market to achieve programme goals or if the market evidently drifted out of alignment with programme goals. In summary, any proposal to regulate in this area should be evidence based and be derived from actual mass market response. Time of Use Example 1 Question 6a: Would you add any pros or cons to the lists described in this section? If yes, please provide rationale for the additions. Consumers see this option as unfair and restrictive. Consumers may see an arbitrary rise in costs if forced into high peak pricing while neighbours see reduction in costs despite action on their part. This arbitrary change in consumer costs can alienate consumers. This elevates degree of risk to Red. Question 6b: Do you disagree with any of the pros and cons listed in this section? If so, please explain which one, and provide rationale to support your viewpoint. No. Question 7: What would the impact of each of these examples be on your organisation? Please
7 provide indicative costs and supporting analysis where possible. This example substantially increases operating costs through the receipt of a massive increase in market data, changes to billing processes and changes to consumer interaction without any compensating commercial benefits. It risks alienating customers and leading them to perceive the ToU mandate as a tax or punishment for behaviour that is not discretionary. The data requirement as described is at odds with the Steady State Model implying that data might be aggregated by time band. We see half hourly data as a pre-requisite for participation. We see example 1 (and the proposed restrictive versions of examples 2 and 3) as unworkable. Question 8: Are there any operational issues we should consider that are associated with any of these examples? All examples, including this one, require substantial supplier change for market interaction, billing, information storage and archiving, settlement and customer care. A multi-year, multi-million euro investment is required in every case. Time of Use Example 2 Question 6a: Would you add any pros or cons to the lists described in this section? If yes, please provide rationale for the additions. Consumers have limited scope to choose an appropriate option and may see an arbitrary rise in costs if forced into high peak pricing while neighbours see reduction in costs through action on their part. This arbitrary change in consumer costs can alienate consumers. This elevates degree of risk to Red. There is no evidence that default option is suited to vulnerable customers and they run same risk of seeing arbitrary rise in costs. Their vulnerable status may mean that they are not empowered to seek a better tariff. Low cost of operation risk is Red.
8 Question 6b: Do you disagree with any of the pros and cons listed in this section? If so, please explain which one, and provide rationale to support your viewpoint. The assertion that data requirements are the same as example 1 mean that in reality no competition or innovation will be possible as choice is so restricted. Question 7: What would the impact of each of these examples be on your organisation? Please provide indicative costs and supporting analysis where possible. As before, substantial increase in costs but with limited and restrictive opportunities to engage consumers or recover costs. Question 8: Are there any operational issues we should consider that are associated with any of these examples? All examples, including this one, require substantial supplier change for market interaction, billing, information storage and archiving, settlement and customer care. A multi-year, multi-million euro investment is required in every case. Time of Use Example 3 Question 6a: Would you add any pros or cons to the lists described in this section? If yes, please provide rationale for the additions. The assertion that data requirements are the same as example 1 means that CER sees this as a very restricted option. In reality no competition or innovation will be possible as choice is so restricted.
9 Question 6b: Do you disagree with any of the pros and cons listed in this section? If so, please explain which one, and provide rationale to support your viewpoint. The assertion that data requirements are the same as example 1 mean that in reality no competition or innovation will be possible as choice is so restricted. Question 7: What would the impact of each of these examples be on your organisation? Please provide indicative costs and supporting analysis where possible. As before, substantial increase in costs but with limited and restrictive opportunities to engage consumers or recover costs. Question 8: Are there any operational issues we should consider that are associated with any of these examples? All examples, including this one, require substantial supplier change for market interaction, billing, information storage and archiving, settlement and customer care. A multi-year, multi-million euro investment is required in every case. Time of Use Example 4 Question 6a: Would you add any pros or cons to the lists described in this section? If yes, please provide rationale for the additions. This option has the most potential to offer tariffs that resonate with consumer groups and their energy needs. It has the potential to maximise savings among those with discretionary energy usage and minimise cost rises among those with no discretionary usage.
10 Question 6b: Do you disagree with any of the pros and cons listed in this section? If so, please explain which one, and provide rationale to support your viewpoint. No. Question 7: What would the impact of each of these examples be on your organisation? Please provide indicative costs and supporting analysis where possible. This example offers the best opportunity to create ToU tariffs that map to customers energy usage profiles. This allows the customer to meaningfully manage their energy usage and reduce their overall energy in line with the first programme goal. Not all customers contribute to the network peak. It would also allow suppliers to identify customers specifically contributing to the national network peak and to offer them meaningful tariffs that encourage peak shifting. This contributes to the second programme goal. This example also substantially increases operating costs through the receipt of a massive increase in market data, changes to billing processes and changes to consumer interaction but offers the potential for some supplier/consumer benefit. Question 8: Are there any operational issues we should consider that are associated with any of these examples? All examples, including this one, require substantial supplier change for market interaction, billing, information storage and archiving, settlement and customer care. A multi-year, multi-million euro investment is required in every case.
11 Our summary assessment of all examples is shown below: Migration to Time of Use Tariffs Question 9: Would you add or remove any of these readiness criteria and how do they rank in terms of importance? Please provide your rationale The migration criteria in this section seem sensible. We would add a qualifying threshold for smart meter deployment and qualifying threshold for penetration amongst each supplier s customer base. A qualifying geographical threshold may also be worthy of consideration. Question 10a: Do you agree with our assessment that moving to half-hourly (electricity) settlement for residential customers would align incentives on suppliers more effectively? Yes this move is a pre-requisite for operating smart meters. Without this there is no business case for suppliers.
12 Question 10b: Do you agree that half-hourly data will be needed by both suppliers and networks if we move to half-hourly settlement? Yes this is a pre-requisite for operating smart meters. The half-hourly data is pushed by Networks to Suppliers in order to ensure billing and settlement accuracy and to achieve the programme goals of energy reduction and a shift in peak usage. Question 11: What would the impact of moving to half-hourly (electricity) settlement on your organisation be? Our initial assessment indicates a substantial cost for process change in billing, settlement, market messaging and substantial system change in the same areas. Further work is required in-house and with system support staff and business leads to arrive at definitive costs. We can say that costs are very substantial and are multi-year in order to participate in the Smart programme and contribute to programme goals. Half hourly data in an intrinsic part of that participation. Question 12: How much notice would you need prior to moving to half-hourly (electricity) settlement? Similar criteria apply as for consumer changes driven by interval data. Therefore a minimum of 12 months data should be provided, market changes should be implemented and operating and settlement system changes in place to align with new arrangements.
13 Network Charging Question 13: Do you agree that DUoS and TUoS charging should be reviewed, in light of the move to time of use customer tariffs? Please explain your reasoning. We agree that DUoS charging should be reviewed to provide appropriate price signals to network users so as to maximise the benefits of the programme. There is a lesser but beneficial case for TUOS changes. Exceptions and exemptions Question 14: Do you have any comments on the appropriate approach to exceptions and exemptions? Please explain your reasoning. No doubt there may be locations where the smart meter cannot be implemented and therefore a mandate cannot be applied and this exception is understandable. Exemptions however should be by extreme exception. The CBA was predicated on 100% take up and this makes business sense. Any retention of a legacy capability is heavily laden with cost. Any consideration of an exemption option for more than the most extreme cases, challenges the CBA and needs wider debate. Monitoring and Mandate Review Question 15: Do you agree that monitoring is required and what forms should it take? We don t believe that any additional market monitoring is required. We believe that an approach based on regulatory guidance and market innovation will be far more effective in ensuring the success of smart metering than an one based on prescriptive intervention and market monitoring.
14 Illustrative Migration Approaches Question 16: Do you have any comments on the relative merits of the illustrative approaches to transition listed? We do not agree with either approach. Suppliers should be allowed to use judgement and market knowledge to drive the timing and nature of tariff introduced to support the ToU mandate and the customer education to support the transition. Once the appropriate commercial incentives are enabled, suppliers can more effectively make a decision on the appropriate steps and risks to take. Question 17: What other approaches to transition should be considered? Suppliers own and value the relationship with our customers. It is clear from market research and ToU focus groups that customers struggle to differentiate the many roles and parties in the energy market. Therefore it is in the suppliers strong commercial interest to craft a transition approach that best resonates with their customer base and is coherent and compelling as a customer offer. The most effective transition arrangement therefore will be supplier-led and customer-focused. Time of Use Gas Tariffs Question 18: What are the opportunities and risks for consumers, and for retail competition, if the development of TOU tariffs in gas is left to the market in the context of a mandated migration to TOU for electricity customers? The positive migration of electricity to ToU creates a climate of understanding for Gas customers around price variability and time-based pricing. In that context, introduction of Gas ToU occurs in a positive climate and represents opportunities for consumers to reduce gas costs also. It also creates an opportunity for suppliers to innovate in the Gas market, to reduce overall usage and better manage peak demand within day and within season. The risk is that a negative migration to electricity (through inflexibility or overregulation) may lead to inertia or resistance to Gas ToU also and a double negative consumer reaction for suppliers to manage.
15 Wholesale Market Question 19: What are the opportunities and risks for consumers, and for market participants, associated with making charges for wholesale gas and network usage more dependent on when gas is consumed by household and smaller business customers? The opportunity is similar to electricity. It allows shippers and consumers (with discretionary use) to make sensible, cost based decisions on how to manage, consume and distribute that discretionary energy usage within day and within season. Conclusion Question 20: Do you have any additional comments? Consumers repeatedly inform us that changes only occur where substantial cost benefits are perceived. Consumers have a poor understanding of kilowatts of power or cubic meters of gas. Noticeable and consistent reductions in cost coupled with a personal ability to influence cost reduction will drive changes that benefit the programme s goals. This view was articulated during the Smart trials, is re-enforced in consumer engagement with suppliers and was amplified in consumer engagement during the Time of Use design phase.
National Smart Meter Programme. Presentation of Energy Use Information CER/13/164 Consultation Paper Response
National Smart Meter Programme Presentation of Energy Use Information CER/13/164 Consultation Paper Response Introduction The CER has issued this document to seek views and evidence on the presentation
More informationCOMMISSION FOR ENERGY REGULATION
PROPOSED NATIONAL ROLLOUT OF ELECTRICITY AND GAS SMART METERING (CER11191) AIRTRICITY RESPONSE TO COMMISSION FOR ENERGY REGULATION 13DECEMBER2011 INTRODUCTION Airtricity welcomes the opportunity to comment
More informationFindings from 2014 research on attitudes and experience in the domestic and SME electricity and gas markets in Ireland
Findings from 2014 research on attitudes and experience in the domestic and SME electricity and gas markets in Ireland Prepared by Behaviour & Attitudes Ltd and The Research Perspective Ltd On behalf of
More informationRule change request. 18 September 2013
Reform of the distribution network pricing arrangements under the National Electricity Rules to provide better guidance for setting, and consulting on, cost-reflective distribution network pricing structures
More informationI write in response to your request for feedback on SAPN s electricity tariff reforms. Executive Summary
ABN 14 725 309 328 Level 1, 136 Greenhill Road Unley SA 5061 Telephone (08) 8300 0000 Fax 08 8300 0001 Email customerservice@business-sa.com www.business-sa.com 23 October 2015 Ms Jessica Vonthehoff Communications
More informationRealising the benefits of smart meters for consumers and industry
Realising the benefits of smart meters for consumers and industry ERAA smart meter Working Paper 1 Suite 3, Level 5, 189 Kent Street Sydney NSW 2000 T (02) 8241 1800 E info@eraa.com.au www.eraa.com.au
More informationInquiry into Business Electricity Tariffs in Northern Ireland
Inquiry into Business Electricity Tariffs in Northern Ireland A Report by the Utility Regulator March 2010 Table of Contents Executive Summary... 3 Glossary... 6 1 Introduction and Background... 7 1.1
More informationEnergy Costs to Business. Scope for Addressing Ireland s Energy Costs
Energy Costs to Business Scope for Addressing Ireland s Energy Costs 21 st January 2015 AGENDA Background issues: Factors influencing costs Policy measures Regulatory options Business actions Context Competition:
More informationFinnish Energy Industries draft answer to CEER public consultation The future role of DSOs
Finnish Energy Industries draft answer to CEER public consultation The future role of DSOs Respondents information Name Ina Lehto Name of organisation Finnish Energy Industries Type of organisation Other
More informationAER Issues Paper Tariff Structure Statement Proposals Victorian Electricity Distribution Network Service Providers
20 January 2016 Australian Energy Regulator GPO Box 520 Melbourne VIC 3001 Via email: AERInquiry@aer.gov.au AER Issues Paper Tariff Structure Statement Proposals Victorian Electricity Distribution Network
More informationUpdated SCER Demand Side Participation Program December 2013
Updated SCER Demand Side Participation Program December 2013 The Standing Council on Energy and Resources (SCER) has adopted this framework to guide its demand side participation (DSP) work. The framework
More informationA new electricity market for Northern Ireland and Ireland from 2016 - Integrated Single Electricity Market (I-SEM)
A new electricity market for Northern Ireland and Ireland from 2016 - Integrated Single Electricity Market (I-SEM) Non-technical summary High level design Draft Decision Paper SEM -14-047 June 2014 1 INTRODUCTION
More informationOfgem s approach to smart metering
Ofgem s approach to smart metering Philip Davies Director of Retail Markets and Environmental Policy Cambridge Conference Pg 1 Agenda Why smart metering? Experience to date with competition The smart meter
More informationDomestic Customer Tariff Breakdown - RoI Note this is approximate due to tariff and consumption variations
Guide to Electricity price formation in Ireland and Northern Ireland The numbers The average household consumes 4,300 kwh 1 of electricity per annum in Ireland and 4,100 in Northern Ireland. At an average
More informationAustralian Energy Market Commission
Australian Energy Market Commission Level 6, 201 Elizabeth Street Sydney NSW 2000 PO Box A2449, Sydney South NSW 1235 P 02 8296 7800 F 02 8296 7899 E aemc@aemc.gov.au ABN 49 236 270 144 www.aemc.gov.au
More informationResponse by NIE Energy (PPB)
NIE Energy Limited Power Procurement Business (PPB) Review of K factors & Supply Margins and Tariff Structure Review Consultation Paper CER-09-093 Response by NIE Energy (PPB) 11 September 2009. Introduction
More informationThe Regulatory Framework for Energy Prices
The Regulatory Framework for Energy Prices Fergus O Toole - Analyst Thursday 7 th October 2010 Who are the CER? The Commission for energy Regulation Ireland s independent energy regulator CER regulates
More informationBusiness bills for both electricity and gas are made up of two main parts - Non - Energy Costs
Business bills for both electricity and gas are made up of two main parts - Non - Energy Costs Non-energy costs pay for running the UK s gas and electricity networks and comprise a variety of obligations,
More informationBy e-mail to: energymarket@cma.gsi.gov.uk
By e-mail to: energymarket@cma.gsi.gov.uk Will Fletcher Energy Market Investigation Competition and Markets Authority Victoria House Southampton Row London WC1B 4AD 20 November 2015 Dear Will, Supplementary
More informationHOUSEHOLD SMART METERS DEVELOPING A DEMAND-SIDE
HOUSEHOLD SMART METERS DEVELOPING A DEMAND-SIDE JUDITH WARD SUSTAINABILITY FIRST Workshop Balancing the System Falmouth Energy Week University of Exeter 23 June 2009 www.sustainabilityfirst.org.uk SUSTAINABILITY
More informationCompetition and Markets Authority Energy market investigation: Notice of possible remedies Response of Smart DCC Ltd
Competition and Markets Authority Energy market investigation: Response of Smart DCC Ltd 05 August 2015 DCC Public Page 1 of 7 1 Executive summary 1. Smart DCC Ltd, known as the Data and Communications
More informationA New World Of Colocation
Colocation Whitepaper A New World Of Colocation Can colocation service providers evolve their service offerings to satisfy today's commercial needs, demands and expectations; while differentiating themselves
More informationI. GENERAL FUNCTIONING OF THE RETAIL MARKET AND CONSUMER PARTICIPATION
Response to European Commission s Public Consultation on Retail Markets 16 April 2014 INFORMATION ABOUT THE RESPONDENTS Are you responding to this questionnaire on behalf of/as: Public Authority On behalf
More informationRE: South Australian Policy for New and Replacement Electricity Meters, Discussion Paper, January 2014
3 April 2014 Department of Manufacturing, Innovation, Trade, Resources and Energy Energy Markets and Programs Division GPO Box 1264 ADELAIDE SA 5001 RE: South Australian Policy for New and Replacement
More informationIndustry Analysis - Electricity and Costs in Queensland
CCIQ Submission to the QCA consultation paper Regulated Retail Electricity Prices 2013-14: Cost Components and Other Issues About the Submission CCIQ makes this submission in response to the QCAs consultation
More informationConsultation Paper CER/16/031. February 2016. dparaschiv@cer.ie
REVIEW OF THE ELECTRICITY AND GAS SUPPLIER S HANDBOOK DOCUMENT TYPE: REFERENCE: Consultation Paper DATE PUBLISHED: QUERIES TO: February 2016 Dana Paraschiv dparaschiv@cer.ie The Commission for Energy Regulation,
More informationCER Response to Government Consultation on Green Paper on Energy Policy in Ireland
Commission for Energy Regulation CER Response to Government Consultation on Green Paper on Energy Policy in Ireland Regulating Water, Energy & Safety in the Public Interest The CER welcomes an opportunity
More informationThe Smart Meter Revolution_
The Smart Meter Revolution_ Towards a Smarter Future m2m 1 00 - Contents Contents_ 01_ Introduction - By Rob Searle, Smart Metering Industry Lead at Telefónica Digital 02_ Market dissemination 03_ Installed
More informationSmart grid promotion policy and activity in Sweden Sweden day, October 23, Smart City Week 2013
Smart grid promotion policy and activity in Sweden Sweden day, October 23, Smart City Week 2013 Karin Widegren, Director Swedish Coordination Council for Smart Grid Outline of presentation Who we are -
More informationSmart metering A REPORT PREPARED FOR CENTRICA. October 2007. Frontier Economics Ltd, London.
Smart metering A REPORT PREPARED FOR CENTRICA October 2007 Frontier Economics Ltd, London. i Frontier Economics October 2007 Smart metering Executive summary...1 1.1 Introduction...1 1.2 The case for
More informationred zone management white paper Making the most of Distribution Use of System (DUoS) Charges
red zone management white paper Making the most of Distribution Use of System (DUoS) Charges 1. Distribution charges 2. Measuring usage 3. Component parts 4. Time is of the essence 5. Solution provider
More information7 August 2014. Background
Project Manager Energy market investigation Competition and Markets Authority Victoria House Southampton Row London WC1B 4AD By email at EnergyMarket@cma.gsi.gov.uk 7 August 2014 1. We write in response
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 informationResponse of the Institute of Business Ethics to the Banking Standards Review consultation
Response of the Institute of Business Ethics to the Banking Standards Review consultation Executive Summary Though there were many causes to the banking crisis, failure by banks to live up to ethical values
More informationEnergy Market Investigation Statement of Issue
Which?, 2 Marylebone Road, London, NW1 4DF Date: 14th August To: Project Manager Energy Investigation Team, CMA Response by: Fiona Cochrane Project Manager Energy Market Investigation Competition and Markets
More informationFinding your balance Top tips for successful HR delivery in multiple countries across Europe
Perspectives Finding your balance Top tips for successful HR delivery in multiple countries across Europe ...organisations are striving for a more standardised approach across all their business locations
More informationThe ABI s response to the FCA s review of Price Comparison Websites March 2014
The ABI s response to the FCA s review of Price Comparison Websites March 2014 The ABI is the voice of insurance, representing the general insurance, protection, investment and long-term savings industry.
More informationNetwork Rail Infrastructure Projects Joint Relationship Management Plan
Network Rail Infrastructure Projects Joint Relationship Management Plan Project Title Project Number [ ] [ ] Revision: Date: Description: Author [ ] Approved on behalf of Network Rail Approved on behalf
More informationElectricity Demand Response
! Renewable Electricity Conference Calgary, Alberta May 28, 2015 David Rapson Economics Department University of California, Davis Renewables and demand response Outline Review intermittency challenges
More informationDSM in competitive market. Seppo Kärkkäinen, VTT, Finland TAIEX Workshop on Demand Side Management in Energy Efficiency Ankara - 22-23/11/2007
DSM in competitive market Seppo Kärkkäinen, VTT, Finland TAIEX Workshop on Demand Side Management in Energy Efficiency Ankara - 22-23/11/2007 Definitions: DSM/DR/LM/ The term Demand Side Management, DSM,
More informationHarmonisation of electricity generation transmission tariffs. A EURELECTRIC contribution to ACER s scoping exercise
Harmonisation of electricity generation transmission tariffs A EURELECTRIC contribution to ACER s scoping exercise December 2015 EURELECTRIC is the voice of the electricity industry in Europe. We speak
More informationSubmission to the Senate Select Committee on Electricity Prices
ABN: 50 748 098 845 NATIONAL COUNCIL National Council of Australia Inc Units 4-5 22 Thesiger Court Deakin ACT 2600 PO Box 243 Deakin West ACT 2600 Telephone: (02) 6202 1200 Facsimile: (02) 6285 0159 Website:
More informationCommittee on the Northern Territory s Energy Future. Electricity Pricing Options. Submission from Power and Water Corporation
Committee on the Northern Territory s Energy Future Electricity Pricing Options Submission from Power and Water Corporation October 2014 Power and Water Corporation 1. INTRODUCTION On 21 August 2014, the
More informationProviding utility procurement solutions for SME & Corporate customers across the UK & Ireland...
In Partnership with IU Consult: Providing BMF Members with Competitive Energy Prices The British Marine Federation (BMF) is always looking to find ways to save its members money, so therefore we have partnered
More informationOverview 3 Electricity price increases 4 Capital and operating expenditure 6 Demand side management 7 Issues with sales/demand forecasts 8
Overview 3 Electricity price increases 4 Capital and operating expenditure 6 Demand side management 7 Issues with sales/demand forecasts 8 2 Business SA is the State s leading business organisation, representing
More informationDemand Response Market Overview. Glossary of Demand Response Services
Demand Response Market Overview Glossary of Demand Response Services Open Energi has partnered with Tarmac to provide Demand Response What s inside... Market Overview Balancing Electricity Supply and Demand
More informationElectricity & Gas Retail Markets Annual Report 2013
Electricity & Gas Retail Markets Annual Report 2013 DOCUMENT TYPE: REFERENCE: Information Paper CER/14/134 DATE PUBLISHED: 25 th June 2014 QUERIES TO: Adrienne Costello acostello@cer.ie The Commission
More informationUnderstanding Network Tariff Reform
Understanding Network Tariff Reform A guide for small to medium business and residential customers who use less than 100MWh of electricity a year Ergon Energy is restructuring the way it charges for the
More informationRetail Choice In Electricity Markets
Retail Choice In Electricity Markets Keeping Competitive Retailers Competitive Presented to MIT Center for Energy and Environmental Policy Research Jim Galvin, Director ISO and Power Settlement Luminant
More informationRE: Submission to the 30 Year Electricity Strategy Discussion Paper
6 December 2013 The 30-year Electricity Strategy Discussion Paper Department of Energy and Water Supply PO Box 15456 CITY EAST QLD 4002 electricitystrategy@dews.qld.gov.au Dear Sir/Madam RE: Submission
More informationGas transport tariffs calculation
Ad Hoc Expert Facility under the INOGATE project Support to Energy Market Integration and Sustainable Energy in the NIS (SEMISE) Gas transport tariffs calculation 1 TABLE OF CONTENTS 1. INTRODUCTION...
More informationSelling Telematics Motor Insurance Policies. A Good Practice Guide
Selling Telematics Motor Insurance Policies A Good Practice Guide April 2013 1 INTRODUCTION 1.1 The purpose of the guidance This guidance sets out high-level actions that insurers should seek to achieve
More informationLoad profiling for settlement of accumulation meters. Power of Choice Stakeholders Reference Group Third Meeting Melbourne, 11 May 2012
Load profiling for settlement of accumulation meters Power of Choice Stakeholders Reference Group Third Meeting Melbourne, 11 May 2012 Current AEMO procedure Used to settle non-interval metered consumption
More informationEstablishing the Scope for The Business Case Structure to Evaluate Advanced Metering
Establishing the Scope for The Business Case Structure to Evaluate Advanced Metering What factors should be considered when determining whether to invest in an advanced metering system? How can a business
More informationSubmission to the 2015 Retail Competition Review Approach Paper (RPR0003)
16 February 2015 Australian Energy Market Commission PO Box A2449 Sydney South NSW 1235 Submission to the 2015 Retail Competition Review Approach Paper (RPR0003) Consumer Action Law Centre (Consumer Action)
More informationChamber SME E-Business Survey 2002
Chamber SME E-Business Survey 2002 Prepared for Chambers of Commerce of Ireland September 2002 Chambers of Commerce of Ireland 17 Merrion Square Dublin 2 Ireland W: www.chambersireland.ie E: info@chambersireland.ie
More informationEnergy Efficiency and Demand Response Programs in the United States
Energy Efficiency and Demand Response Programs in the United States Structure, Operations, Accomplishments, Lessons Learned Claude Godin Director Energy Data Analytics Overview Introduction - Definitions
More informationMarket Definition and Analysis for SMP: A practical guide
Market Definition and Analysis for SMP: A practical guide David Rogerson Jim Holmes Incyte Consulting Ltd Incyte Consulting Pty Ltd United Kingdom Australia t/f +44 1324 870429 t/f +61 3 9752 7828 www.incyteconsulting.com
More informationIlluminating the energy market: Encouraging greater switching Oliver Finlay
Social Market Foundation Illuminating the energy market Page 1 Illuminating the energy market: Encouraging greater switching Oliver Finlay Key points Household expenditure on energy has more than doubled
More informationWater Charges Plan Decision Paper (Executive Summary)
Water Charges Plan Decision Paper (Executive Summary) DOCUMENT TYPE: REFERENCE: DATE PUBLISHED: QUERIES TO: Decision Paper CER/14/746 30 September 2014 waterchargesplan@cer.ie The Commission for Energy
More informationSmart Grid, Smart City
Smart Grid, Smart City National Cost Benefit Assessment 27 November, 2014 Smart Energy Forum Newcastle Institute for Energy and Resources Bob Bosler, Senior Consultant, Energeia Ranelle Cliff, Senior Project
More informationEnerNOC Pty Ltd ABN 49 104 710 278 Level 1, 250 Queen Street Melbourne VIC 3000
EnerNOC Pty Ltd ABN 49 104 710 278 Level 1, 250 Queen Street Melbourne VIC 3000 Tel: +61-3-8643-5900 www.enernoc.com.au info@enernoc.com Philip Weickhardt Electricity Network Inquiry Productivity Commission
More informationHow To Get Value For Money From 2016 To 2020
Paper 4 Oxfordshire County Council Schools Forum 3 December 2014 Energy Procurement 2016 2020 Settings Sector Academies Foundation Stage Maintained Schools Primary PVI Nurseries Secondary Special Schools
More informationGlobal Settlement the Residual Meter Volume Interval Proportion
Global Settlement the Residual Meter Volume Interval Proportion DOCUMENT Consultation Paper TYPE: REFERENCE: CER 11/079 DATE PUBLISHED: CLOSING DATE: RESPONSES TO: 29 th April 2011 26 th May 2011 smacanbhaird@cer.ie
More informationTime of use (TOU) electricity pricing study
Time of use (TOU) electricity pricing study Colin Smithies, Rob Lawson, Paul Thorsnes Motivation is a technological innovation: Smart meters Standard residential meters Don t have a clock Have to be read
More informationSubmission to the Queensland Competition Authority. Regulated Retail Electricity Prices 2013-14 Transitional Issues & Cost Components and Other Issues
Submission to the Queensland Competition Authority Transitional Issues & Cost Components and Other Issues January 2013 Queensland Farmers Federation Ltd. A.C.N. 055 764 488 A.B.N. 44 055 764 488 PO Box
More informationBRIEF POLICY. Shift, Not Drift: Towards Active Demand Response and Beyond 1. Highlights
ISSN 1977-3919 Issue 2013/04 June 2013 Shift, Not Drift: Towards Active Demand Response and Beyond 1 Authors: Xian He, Leigh Hancher, Isabel Azevedo, Nico Keyaerts, Leonardo Meeus and Jean-Michel Glachant
More informationFUTURE ENERGY MARKET DEMANDS LINES COMPANY AGILITY
FUTURE ENERGY MARKET DEMANDS LINES COMPANY AGILITY Electricity Lines Companies (ELC s) are poised for further changes resulting from smart metering and regulatory mandates on network tariff structures.
More informationEnergy Networks Association. Electricity Demand Side Response Working Group. Demand Side Response Shared Services Framework Concept Paper
Energy Networks Association Electricity Demand Side Response Working Group Demand Side Response Shared Services Framework Concept Paper For Industry Consultation Contents Executive Summary 3 1 Demand Side
More informationElectricity Tariff Structure Review: Alternative Tariff Structures. A Consultation Paper
Electricity Tariff Structure Review: Alternative Tariff Structures A Consultation Paper CER/04/239 July 1 st 2004 SUMMARY Since 2000, the Commission has reviewed customer tariff levels on an annual basis.
More informationSummary of Submissions Received on the Consultation on Strengthening Statutory Payment Oversight Powers and the Reserve Bank s Responses
Summary of Submissions Received on the Consultation on Strengthening Statutory Payment Oversight Powers and the Reserve Bank s Responses October 2013 2 SECTION ONE: INTRODUCTION 1. In March 2013, the Reserve
More informationSmart Meters Executive Paper
Smart Meters Executive Paper Smart infrastructure overview The ever growing global demand for energy, combined with increasing scarcity of resources and the threat of climate change, have prompted governments
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 informationSolar Cloud. Application for Individual Retail Exemption 1 Legal Name Share My Solar Pty Ltd. 2 Trading Name Solar Cloud
Solar Cloud Application for Individual Retail Exemption 1 Legal Name Share My Solar Pty Ltd 2 Trading Name Solar Cloud 3 Australian Business Number: 45 164 838 288 4 Registered Postal Address Suite 502,
More informationQueensland s Unsustainable Electricity Pricing Methodology
Queensland s Unsustainable Electricity Pricing Methodology Submission to the QCA and Queensland Government in relation to the 2011-12 BRCI Electricity Price Determination 10 February 2011 Page 1 of 12
More informationGeoff Chapman Sales & Marketing Manager. ESTA Nov 2009 event AMR & CRC
Geoff Chapman Sales & Marketing Manager CRC Energy Efficiency Scheme Carbon Reduction Commitment is now known as CRC Energy Efficiency Scheme (CRC) Third consultation Government response 7 th October 2009
More informationSubmission to the Essential Services Commission. Modernising Victoria s Energy Licence Framework Issues Paper
Submission to the Essential Services Commission Modernising Victoria s Energy Licence Framework Issues Paper Executive Summary Clean Energy Council (CEC) welcomes the review of Victoria s regulatory framework
More informationDeveloping Catastrophe and Weather Risk Markets in Southeast Europe: From Concept to Reality
First Regional Europa Re Conference Developing Catastrophe and Weather Risk Markets in Southeast Europe: From Concept to Reality 12-14 October 2011 Ohrid, FYR of Macedonia Exploring alternative product
More informationIMPLEMENTING THE TRIPLE AIM: A SENIOR LEADERSHIP PERSPECTIVE 1
IMPLEMENTING THE TRIPLE AIM: A SENIOR LEADERSHIP PERSPECTIVE 1 Rafael BENGOA Patricia ARRATIBEL I. BACKGROUND There are numerous health care systems in the world undertaking the most important reforms
More informationPECO Default Service Program - RFP Data Room Data Series Overview: General Descriptions and Assumptions February 13, 2015
PECO Default Service Program - RFP Data Room Data Series Overview: General Descriptions and Assumptions February 13, 2015 TABLE OF CONTENTS I. DESCRIPTION OF SUPPLY TO BE PROCURED IN PECO RFP...2 II. GENERAL
More informationMANDATORY ROLLOUT OF INTERVAL METERS FOR ELECTRICITY CUSTOMERS
July 2004 Interval Meter Rollout MANDATORY ROLLOUT OF INTERVAL METERS FOR ELECTRICITY CUSTOMERS Final decision 2nd Floor, 35 Spring St Melbourne VIC 3000 Australia Phone: 61 3 9651 0222, Fax: 61 3 9651
More informationNet Energy Metering and the Future of Distributed Generation
Net Energy Metering and the Future of Distributed Generation Vishal C. Patel, P.E. Manager - Distribution Resource Interconnections April 28, 2015 What is Net Energy Metering (NEM)? NEM is a tariffed program
More informationPower NI: tariff methodology
Research and Information Service Paper 12/14 23 September 213 NIAR 640-13 Aidan Stennett Power NI: tariff methodology 1 Introduction The following paper supplements Northern Ireland Assembly Research and
More informationPerformance Measurement
Brief 21 August 2011 Public Procurement Performance Measurement C O N T E N T S What is the rationale for measuring performance in public procurement? What are the benefits of effective performance management?
More informationNORTHERN IRELAND ELECTRICITY Ltd STATEMENT OF CHARGES FOR USE OF. THE NORTHERN IRELAND ELECTRICITY Ltd ELECTRICITY DISTRIBUTION SYSTEM
NORTHERN IRELAND ELECTRICITY Ltd STATEMENT OF CHARGES FOR USE OF THE NORTHERN IRELAND ELECTRICITY Ltd ELECTRICITY DISTRIBUTION SYSTEM BY AUTHORISED PERSONS Effective from 1 October 2011 to 30 September
More informationJune 2015. Position Paper Contribution to the debate on electricity market design and capacity markets
June 2015 Position Paper Contribution to the debate on electricity market design and capacity markets Eurogas is the association representing the European gas wholesale, retail and distribution sectors.
More information2014 Residential Electricity Price Trends
FINAL REPORT 2014 Residential Electricity Price Trends To COAG Energy Council 5 December 2014 Reference: EPR0040 2014 Residential Price Trends Inquiries Australian Energy Market Commission PO Box A2449
More informationMay 26, 2015. Governor Charlie Baker Massachusetts State House Office of the Governor Room 280 Boston, MA 02133
May 26, 2015 Governor Charlie Baker Massachusetts State House Office of the Governor Room 280 Boston, MA 02133 Re: Transitioning to a Renewable Future Dear Governor Baker: The energy sector is in a period
More informationA THEORETICAL ANALYSIS OF THE MECHANISMS OF COMPETITION IN THE GAMBLING MARKET
A THEORETICAL ANALYSIS OF THE MECHANISMS OF COMPETITION IN THE GAMBLING MARKET RORY MCSTAY Senior Freshman In this essay, Rory McStay describes the the effects of information asymmetries in the gambling
More informationQUESTIONS AND ANSWERS
QUESTIONS AND ANSWERS Saving with PAUA TO THE PEOPLE Why are PAUA TO THE PEOPLE so much cheaper than others? PAUA TO THE PEOPLE keep the costs of your electricity so low by passing through all costs associated
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 informationExtending Unfair Contract Term Protections to Small Businesses. SUBMISSION by the OFFICE OF THE AUSTRALIAN SMALL BUSINESS COMMISSIONER
Extending Unfair Contract Term Protections to Small Businesses SUBMISSION by the OFFICE OF THE AUSTRALIAN SMALL BUSINESS COMMISSIONER AUGUST 2014 We are writing to provide some observations on the small
More informationInland Revenue Department: Managing tax debt
Inland Revenue Department: Managing tax debt This is an independent assurance report about a performance audit carried out under section 16 of the Public Audit Act 2001. June 2009 ISBN 978-0-478-32627-7
More informationOntario Smart Metering System Implementation Program (SMSIP) Panel Discussion: Smart Metering the road ahead
Ontario Smart Metering System Implementation Program (SMSIP) Panel Discussion: Smart Metering the road ahead Edward Arlitt Senior Business Analyst Independent Electricity System Operator (IESO) The Smart
More informationDebt Transfer - A Review of the Effect on Personal Financial Planning
CER Consultation Paper Debt Management Debt Transfer & Debt Flagging DOCUMENT TYPE: REFERENCE: DATE PUBLISHED: QUERIES TO: Consultation Paper CER/14/119 30 th May 2014 smacanbhaird@cer.ie The Commission
More informationMore MDM Choices: A Hosted MDMS
More MDM Choices: A Hosted MDMS Jackie Lemmerhirt Director, Product Management Aclara Software February, 2008 Aclara Software (formerly Nexus Energy Software) Founded 1997, offices in MA, AZ, CA, VA over
More informationGas Smart Meters for GB Homes : New Smart Tariffs and Smart Pre-Payment
Gas Smart Meters for GB Homes : New Smart Tariffs and Smart Pre-Payment Principal Authors Gill Owen, Sustainability First / Warwick Business School, UK Judith Ward, Sustainability First / University of
More informationSECTION 1. PREAMBLE 3 SECTION 2. EXECUTIVE SUMMARY 4 ABOUT US 6
CONTENTS SECTION 1. PREAMBLE 3 SECTION 2. EXECUTIVE SUMMARY 4 ABOUT US 6 Disclaimer notice on page 8 applies throughout. Page 2 SECTION 1. PREAMBLE The New Energy Outlook (NEO) is Bloomberg New Energy
More informationClean Energy Council submission to Queensland Competition Authority Regulated Retail Electricity Prices for 2014-15 Interim Consultation Paper
Clean Energy Council submission to Queensland Competition Authority Regulated Retail Electricity Prices for 2014-15 Interim Consultation Paper Executive Summary The Clean Energy Council (CEC) supports
More information