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Regional Market Development. Impediments for Traders. 8 April 2008. Strictly Private and Confidential. Advisory. 1. Survey 2006. 1. 2. New Survey 2008. 4. 3. Some result from the Survey 2006. 8. 4. Contact Data. 18. Agenda. Page. Section 1. Survey 2006. 1. - PowerPoint PPT Presentation
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Advisory
8 April 2008
Regional Market DevelopmentImpediments for Traders
Strictly Private and Confidential
Agenda
Page
1 Survey 2006 1
2 New Survey 2008 4
3 Some result from the Survey 2006 8
4 Contact Data 18
Advisory
Section 1Survey 2006
Regional Market Development • Impediments for Traders
Survey from 2006
2
• PwC analysed impediments for electricity traders
• Priorities of the survey:
– Network access administration and bureaucratic formalities
– Power exchanges and trade mechanisms
– Balance Energy
– Congestion Management
– Market structure and Timetable
– Divergent IT Platforms and Data Delivery
We have asked 39 traders, with a response of 48%
Section 1 - Survey 2006
Regional Market Development • Impediments for Traders
Survey from 2006
3
• PricewaterhouseCoopers analysed the impediments for traders for one region : ‘Central-East Region’
• This region covers the following seven countries: Austria, Czech Republic, Germany, Hungary, Poland, Slovakia and Slovenia
• Study was separated in two sections:
– Country comparison
– Result of survey
Section 1 - Survey 2006
Advisory
Section 2New Survey 2008
Regional Market Development • Impediments for Traders
NEW: Trader Survey 2008
5
• Now expansion for Gas Traders
• Region will be South-South-East (SSE)
• Priorities of the Survey:
– Regional Market Access
– Trading Platforms
– Balancing Energy
– Gas Storage
– Transportation
– IT-SystemsSource: ERGEG
Section 2 - New Survey 2008
Regional Market Development • Impediments for Traders
Report
6
• Trader Survey:
– We ask the trader, the person who is active in the market
– Trader answers only for the market, which is not ‘their home market’
– We will now contact 110 Gas traders and shippers
• Report will have three section:
– Country comparison for basic information
– Survey with Gas Traders active in this region
– Evaluation of Result
• Result available: May 2008
Section 2 - New Survey 2008
Advisory
Section 3Some result from the Survey 2006
Regional Market Development • Impediments for Traders
Network access administration and bureaucratic formalities
9
Section 3 - Some result from the Survey 2006
Regional Market Development • Impediments for Traders
Availability of information in English in some countries is poor
10
Section 3 - Some result from the Survey 2006
Regional Market Development • Impediments for Traders
Certain countries requires trader license – and it is difficult to obtain this license
11
Section 3 - Some result from the Survey 2006
Regional Market Development • Impediments for Traders
TSO and Power Exchanges should work together
12
Section 3 - Some result from the Survey 2006
Regional Market Development • Impediments for Traders
Are the balance energy prices market oriented?
13
Section 3 - Some result from the Survey 2006
Regional Market Development • Impediments for Traders
IT systems are in most cases adjusted
14
Section 3 - Some result from the Survey 2006
Regional Market Development • Impediments for Traders
Data access: Not satisfactory! A general problem
15
Section 3 - Some result from the Survey 2006
Regional Market Development • Impediments for Traders
Overall Rating
16
Section 3 - Some result from the Survey 2006
Regional Market Development • Impediments for Traders
Main Result of Survey 2006
• Result shows, that there are still significant impediments for traders in these countries.
• By harmonisation of laws and market rules a significant part of impediments could be reduced. Here are the Ministries, Regulators and in certain cases also the Transmission System Operators are the main address for a further improvement.
• In relation to congestions on the interconnection lines, increased investments in networks will be necessary
17
Section 3 - Some result from the Survey 2006
Advisory
Section 4Contact Data
Regional Market Development • Impediments for Traders
Trader Survey Contact
Erwin Smole
Senior ManagerEnergy, Utility and Mining
Phone: +43 1 50188 - 2928Mobile: +43 699 115 320 71E-mail: [email protected]
PwC Corporate Finance Beratung GmbH
Erdbergstraße 200
A-1030 Vienna
Phone: +43 1 50 188 -2901
Fax: +43 1 50 188 -621
PricewaterhouseCoopers
19
Section 4 - Contact Data
