Download presentation
Presentation is loading. Please wait.
Published byPierce Garey Burke Modified over 9 years ago
1
GRI Investment Project A-Z Adam Cooper EFET Stockholm 24 September
2
Introduction Provide a brief run through of the project to date Rationale Stakeholders Core Group Activities Milestones Conclusions
3
Recall Reason for a Virtual Test A non-threatening way to test different concepts of signalling investment A trigger for discussion A classroom to learn lessons
4
Background Who are the stakeholders? RegulatorsTSOsShippers
5
Stakeholders What do they want and what do they contribute? Regulators – protect consumers and determine the investment test TSOs – to maximise investor value and deliver an investment model within the Regulatory rules Shippers – maximise value by obtaining the rights to move gas efficiently primarily by signalling efficient levels of capacity demand
6
Core Group Activities Assembling the investment rules Extensive work to bring together the rules for four VT countries Describe the project Naturally limited but real enough for a test Allow shippers to bid Run the VT bidding and report as inputs to the investment model
7
Core Group Activities The investment assessment Produce indicative outcomes and discover any flaws Adjust rules where necessary to test shipper reactions
8
Milestones Development of manual on the regulatory environment Delivered a Regulatory model for assessing investments Ran a virtual test Ran an experiment Draft Journal of Findings in production
9
Challenges Obtaining the information for the investment criteria Running a useful VT and reporting outcomes Putting the last year of effort into tangible policy advice
10
More to do We are not at Z yet! The workshop will pose more questions for your input The draft findings needs finalising At some point the work needs to relate to the real world through initial advice and a policy response
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.