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Past Events - 2005 Southeast Europe Electricity Market Monitoring Workshop
October 4-5, 2005
Co-Hosted by
National Association of Regulatory Utility Commissioners (NARUC)
and the Council of European Energy Regulators (CEER)
Sponsored by
U.S. Agency for International Development (USAID)
 Agenda
Participant List
Materials
Agenda
Tuesday, October 4, 2005
Session I: Design Status & Issues of Southeast Europe Regional Electricity Market
This session will focus on a brief review and status of the SEE market design.
09:00 Welcoming Remarks
- President Michael Caramanis, RAE, Greece
- Mr. Robert Archer, Deputy Chief, Energy & Infrastructure, Bureau for Europe & Eurasia, USAID
09:05 SEE Market Overview
09:35 General Discussion
Session II: Monitoring of Competitive Electricity Markets
This session will examine the practices, purposes, and benefits of market monitoring, beginning with an international context. (We encourage participants to review the indicated papers by Prof. Wolak prior to the workshop.) Subsequently, stakeholder representatives will discuss the current and potential future status of market monitoring.
10:00 Moderator’s Introduction
- Prof. Pippo Ranci, Director, Florence School of Regulation
10:10 The Rationale for a Market Monitoring Process
- Prof. David Newbery, Professor of Applied Economics, Faculty of Economics,Cambridge University, England
11:10 The EU Market Monitoring Process
11:20 Coffee Break
11:40 General Discussion
- Stakeholder Mini-Roundtables: Roles & Approaches to Market Monitoring
Regulators
12:10 Ms. Natalia Vlad, Head of Power Market Monitoring Office, ANRE, Romania
12:20 Mr. Johannes Mayer, Director, Regulation & Competition, E-control, Austria
12:30 Commissioner David Hadley, Indiana Utility Regulatory Commission, USA
12:40 Ms. Susan Court, Special Counsel, Office of the Executive Director, Federal Energy Regulatory Commission (FERC), USA
12:50 General Discussion
13:10 Lunch
Session II: Monitoring of Competitive Electricity Markets (Continued)
14:30 Moderator’s Introduction
TSOs
14:40 To be confirmed
14:50 To be confirmed
15:00 Mr. John Gdowik, Senior Analyst, Customer Relations & Training Department, PJM Interconnection, USA
15:10 General Discussion
15:40 Coffee Break
Traders, Consumers, Generators & Power Exchanges
16:00 Mr. Victor Ionescu, Chief Executive Officer, Romanian Electricity Market Operator (OPCOM)
16:10 Mr. Dimitri Papakonstantinou, Director of Strategy and Planning Department, Public Power Corporation, Greece
16:20 Mr. Nikolai Minkov, Representative of Eligible Customers, Electricity Market Liberalization Advisory Board, Bulgaria
16:30 General Discussion
17:10 Session Concludes
20:00 Dinner
Wednesday, October 5, 2005
Session III: Key Issues & Approaches for Effective Monitoring
This session will examine the current approaches and issues in electricity market monitoring including but not limited to:
- Transparency and timeliness of availability of market data. Commercial confidentiality issues/laws. Who should have access to financial contracting information?
- Who performs the monitoring function (regulator, TSO, market monitor and/or others)? Capacity of regulators and others to carry out monitoring function. Interaction between market monitoring process and regulatory process.
- Ensuring compliance with market rules. What to do about behavior harmful to system reliability and market efficiency?
- Measuring the performance of the system and market operators. What should be the benchmark to measure the system and market operator performance?
- Governance of the TSO/ISO/MO/SO organizations.
09:00 Roundtable Discussion on Data Availability & Transparency
- Moderator: Mr. Massimo Beccarello, Director ofthe Strategies and Studies Department, Authority for Electricity and Gas (AEEG), Italy
- Panelists: Commissioner Valeriy Vlatchkov, State Energy and Water Regulatory Commission, Bulgaria
- Ms. Snezana Mijailovic, Deputy General Manager, Electricity Coordinating Center, Serbia & Montenegro
10:30 Coffee Break
10:45 Roundtable Discussion on Who Performs the Monitoring Function
- Moderator: RAE, Greece
- Panelists: Dr. Peter Kaderjak, Director, Regional Centre for Energy Policy Research (REKK), Hungary
- Mr. Trajce Cerepnalkovski, General Director, MEPSO, Macedonia
- Mr. Peter Nemceck, Research & Development Manager, Borzen, Slovenian Power Exchange & Market Operator
- Dr. Robert Sinclair, Vice President, Potomac Economics, USA (independent market monitor for Midwest ISO)
12:00 Market Monitoring & Investment: Donor Perspectives
- Moderator: Mr. Robert Archer, USAID
- Panelists: Mr. Louis Borgo, Senior Banker, Power and Energy Utilities, EBRD
- Mr. Philip Schubert, Energy Specialist and Project Manager, CIDA
- Mr. David Kennedy, World Bank
12:45 Wrap-Up & Concluding Discussion on Future Steps for Market Monitoring
13:15 Lunch & Workshop Concludes
Participant List
Albania
Energy Regulatory Authority of Albania
Mr. Petrit Ahmeti, Commissioner
Ms. Fatbardha Mullahi, Head of Licensing and Monitoring Department
Web: http://www.ere.gov.al
Austria
Energie-Control GmbH
Mr. Johannes Mayer, Director of Regulation and Competition
Ms. Andrea Brandstatter
Web: http://www.e-control.at
Belgium
European Commission – Directorate General for Energy and Transport
Mr. Matti Supponen, Administrator, Electricity and Gas Unit
Bosnia and Herzegovina
State Electricity Regulatory Commission
Mr. Edin Zametica, Chief of Staff
Web: http://www.derk.ba
Regulatory Commission for Electricity in Federation Bosnia and Herzegovina – FERK
Mr. Ivica Dreznjak, Chief of Staff
Web: http://www.ferk.ba
Regulatory Commission for Electricity of Republic of Srpska
Ms. Milka Mumovic, Head of Tariff Department
Web: http://www.reers.ba
Pierce Atwood – Bosnia & Herzegovina
Ms. Jane Wilson, Resident Energy Advisor
Web: http://www.pierceatwood.com
Bulgaria
State Energy and Water Regulatory Commission
Mr. Valeriy Vlatchkov, Commissioner
Web: http://www.dker.bg
Electricity Market Liberalization Advisory Board
Mr. Nikolai Minkov, Representative of Eligible Customers
Web: http://www.biba.bg
Canada
Canadian International Development Agency (CIDA)
Mr. Philip Schubert, Energy Specialist and Project Manager
SEETEC
Mr. Alain Godeau, Project Director
Mr. Stephane Barbeau, Team Leader, Economist and Market Design Specialist
Mr. Frederic Mayaki, Project Coordinator, Senior Energy and Finance Specialist
Mr. Alexandros Pramagioulis, Economist
Mr. Manuel Tinoco, Power Systems Planner Specialist
Greece
Regulatory Authority for Energy (RAE)
Mr. Michael Caramanis, Chairman
Dr. Michael Thomadakis, Head of Energy Planning and International Affairs
Mr. Dimitris Papadimitriou
Mr. Stavros Mavroudis
Ms. Irini Iacovides
Web: http://www.rae.gr
Public Power Corporation s.a.
Mr. Dimitri Papakonstantinou, Director of Strategy and Planning Department
Exergia S.A.
Dr. Panos Coroyannakis, Consultant
Web: http://www.exergia.gr
Hungary
Regional Center for Energy Policy Research (REKK), Corvinus University
Dr. Peter Kaderjak, Director
Web: http://www.uni-corvinus.hu
Ireland
Commission for Energy Regulation
Dr. Paul McGowan, Director for All Island Markets
Web: http://www.cer.ir; http://www.allislandproject.org
Italy
Autorità per l'energia elettrica e il gas (AEEG)
Mr. Massimo Beccarello
Web: http://www.autorita.energia.it
Florence School of Regulation, European University Institute
Prof. Pippo Ranci, Director
Web: http://www.iue.it/RSCAS/ProfessionalDevelopment/FSR/
Macedonia
Energy Regulatory Commission of the Republic of Macedonia
Ms. Natasha Trimcheska, Electricity Expert
Web: http://www.erc.org.mk
Macedonian Electricity Transmission System Operator (AD MEPSO)
Mr. Trajce Cerepnalkovski, General Director
Web: http://www.mepso.com.mk
Romania
Romanian Energy & Heat Regulatory Authority
Mr. Alexander Sandulescu, Commissioner and Director of Energy Market Development Department
Ms. Natalia Vlad, Head of Power Market Monitoring Office
Web: http://www.anre.ro
Romanian Electricity Market Operator (OPCOM)
Mr. Victor Ionescu, CEO
Mr. Lucian Palade, Market Surveillance and Development Manager
Web: http://www.opcom.ro
USAID Mission in Romania
Mr. Virgil Musatescu, Senior Energy Advisor
Web: http://www.usaid.gov
Serbia & Montenegro
Electricity Coordinating Center (EKC)
Ms. Snezana Mijailovic, Deputy General Manager
Mr. Zoran Vujasinovic, Analysis Engineer
Web: http://www.ekc-ltd.com
Electric Power Industry of Montenegro – National Dispatching Center
Mr. Aleksandar Mijuskovic
Web: http://www.epcg.cg.yu; http://www.tso-epcg.com
Slovenia
Borzen d.o.o. – Slovenian Power Exchange and Market Operator
Mr. Peter Nemček, Research and Development Manager
Web: www.borzen.si
United Kingdom
European Bank for Reconstruction and Development (EBRD)
Mr. Louis Borgo, Senior Banker, Power and Energy Utilities
Web: http://www.ebrd.com
University of Cambridge
Prof. David Newbery, Faculty of Economics
Web: http://www.econ.cam.ac.uk/faculty/newbery/index.html
UN Mission in Kosovo
Energy Regulatory Office
Dr. Nick Frydas, Head of the Regulator
Mr. Arben Kllokoqi, Market Monitoring Analyst
Web: http://www.ero-ks.org
Korporata Energjetike e Kosoves (KEK) – Transmission & Dispatching Division
Mr. Fadil Ismaili, Executive Director
Mr. Ali Hamiti, Corporate Advisor for Electricity Markets
Web: http://www.kek-energy.com
USAID Mission in Kosovo
Mr. Peter Duffy, Private Enterprise Officer
Web: http://www.usaid.gov
United States
Federal Energy Regulatory Commission
Ms. Susan J. Court, Special Counsel, Office of the Executive Director
Web: http://www.ferc.gov
Indiana Utility Regulatory Commission (IURC)
Mr. David Hadley, Commissioner
Web: http://www.in.gov/iurc
National Association of Regulatory Utility Commissioners (NARUC)
Ms. Erin Skootsky, Director of International Programs
Web: http://www.naruc.org
Pierce Atwood LLP
Ms. Isabel Bjork, Attorney
Web: http://www.pierceatwood.com
PJM Interconnection
Mr. John W. Gdowik, Client Manager
Web: http://www.PJM.com
Potomac Economics
Dr. Robert Sinclair, Vice President
Web: http://www.potomaceconomics.com
United States Agency for International Development (USAID)
Mr. Robert Archer, Deputy Chief, Energy & Infrastructure, Bureau for Europe & Eurasia
Web: http://www.usaid.gov
US Department of Commerce – US Commercial Service in Greece
Mr. Emilios Margaritis, Chief Advisor for Strategy and Commercial Affairs
Web: http://buyusa.gov/greece
US State Department (US Embassy in Greece)
Mr. Chad Norberg, Economic Officer
Web: http://www.state.gov
World Bank - Headquarters
Mr. David Kennedy, Senior Energy Economist, Infrastructure and Energy Department
Web: http://www/worldbank.org
Materials
Additional resources
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