Co-Hosted by the
Hungarian Energy Office (HEO)
Energy Regulators Regional Association (ERRA)

Agenda

Thursday, April 22, 2010
(Margit Hall)

09:00               Welcoming Comments

• Mr. Armen Arshakyan, Head of Tariff Policy Department, Public Services Regulatory Commission of Armenia (PSRC); Chair of the Tariff/Pricing Committee 

09:05               Introduction of New Committee Members, NARUC Commissioners and Other Guests 

09:10               Discussion on Implementation of the New Data Submission Format for the ERRA Tariff Database

• Ede Tresó, Professional Advisor, Hungarian Energy Office (HEO) 

09:30               Roundtable Discussions: Tariff/Pricing Updates by Committee Members
(Each Committee Member will be requested to give a max. 5 minutes verbal update on the recent developments in their country in the field of tariff and pricing) 

10:15 – 10:30  Coffee break 

10:30               Rate of Return (WACC) Calculation and Benchmarking

• US Experience: Chair Arnetta McRae, NARUC;
• Presentation of the draft results based on the answers by Members to Questionnaire by Mare Karotamm (Estonia) & Novak Medenica (Montenegro);
• Presentation by Konstantin Petrov from KEMA Consulting summarizing the best experiences regarding WACC calculation in Western Europe;
• Discussions 

12:00               Reflection of Service Quality Indicators in Price

• US Experience: Tony Clark, First Vice President, NARUC

12:30               Lunch 

14:00               Reflection of Service Quality Indicators in Price (cont’d)

• Mr. Konstantin Petrov, KEMA Consulting;
• Discussion 

15:45               Coffee break 

16:00               Commercial Losses and Bad Debts

• Country Case Studies of Armenia, Georgia, Moldova and Russia 

16:45               Introduction of a request from FST of Russia regarding information about improvements of tariff regulation for natural gas transportation via distribution network in the ERRA Member countries 

• Denis Milyutin, Head of Department for Regulation and Control of Pricing in the Energy Sector, FST of Russia 

17:00               Information on the planned issue paper of ERRAon the general topic of „Smart Metering”, as well as brief information on the past and future ERRA activities

• Andrea Farkas, Program Manager, ERRA Secretariat 

17:10               Meeting concludes