Technical Assistance to the Energy Market Development and Regulatory Agency
Optima Energy Consulting recently concluded an engagement with the Asian Development Bank (ADB) to support the newly established Energy Market Development and Regulatory Agency (EMDRA) in Uzbekistan. The technical assistance focused on building capacity in economic regulation, with an emphasis on tariff setting and promoting market efficiencies.
The training covered international best practice in tariff regulation, tradeoffs between revenue recovery and efficiency incentives and the role of the regulator in setting tariffs that emulate competition. One of EMDRA’s main objectives is to promote market efficiencies in the sector. At the same time, the country expects a notable uptake in renewables. A significant part of the training covered bankable, market-compatible support schemes, providing price stability for investment while mitigating market distortions.
Capacity Building for ProCredit Bank on bankable RES policies and energy transition
Optima Energy Consulting recently concluded an engagement with ProCredit Bank, strengthening the capacity of their management senior management renewable energy specialists. This partnership included the development and delivery of a tailored training program designed to improve expertise in renewable energy investments and policy implementation. Optima Energy Consulting developed and delivered targeted training modules addressing key aspects of renewable energy financing, policies, and carbon taxing. The training materials, prepared by Optima, incorporated actionable insights to address the challenges of transitioning to renewable energy. The training featured sessions facilitated by both local and international experts, ensuring a practical approach to building investment-ready and bankable renewable energy support policies
A Tariff Framework for Renewable Mini-Grids in Zambia
DT Global is currently implementing the Increased Access to Electricity and Renewable Energy Production Project (IAEREP).
Optima Energy Consulting is the prime subcontractor providing economic regulation support to the Energy Regulation Board (ERB). This includes supporting the country’s electrification efforts by developing a tariff framework which sets a predictable pricing policy for Mini-Grid developers. The tariff framework aligns with the requirements of the Energy Regulation and Electricity Acts and proposes that Mini-Girds below a certain installed capacity are exempted from economic regulation. Mini-grids that are not exempted are regulated through building-blocks with a multi-year tariff period. The allowed revenues are separately allocated in the modeling in order to enable the implementation of versatile grid encroachment policies and the WACC features a flexible gearing ratio to ensure that investments with lower gearing ratios are adequately accounted for in the allowed return.
IAEREP is funded by the European Union.
Advisory services to the PIU of the Moldovan Green Transition Technical Assistance Facility
The French Development Agency (Agence Française de Développement – AFD) is currently implementing a Policy-Based Loan (PBL) support instrument for the Government of Moldova (GoM) to assist the country’s green energy transition.
Expertise France, AFD’s technical support arm, has been tasked with the implementation of the Technical Assistance Framework (TAF), which has established a Project Implementation Unit to support the Moldovan authorities in the in the implementation of the PBL. Under this framework, Optima is cooperating with Expertise France to assist in the initial stages of the PIU establishment, preparing the project planning framework and gearing up the PIU for its support to the Moldovan institutions.
A net-billing support scheme for Albania
We recently completed our engagement with the Ministry of Infrastructure and Energy (MIE) of Albania to develop a Rule on Support Scheme for Renewable Self-Consumers. This Rule introduces a net-billing compensation scheme for renewable self-consumers featuring yearly cut-off periods with prosumer grid charges for fixed network cost compensation. The primary objective is to encourage prosumer […]
Comparative assessment of the energy costs recovery in the tariff methodologies in the water sector across European countries
Optima Energy Consulting in partnership with REKK have provided a detailed comparative assessment for WAREG members on energy cost recovery tariff methodologies for water utilities. The WAREG report investigates the repercussions of the energy crisis on the water and wastewater utility sector in Europe, with a particular focus on the regulatory governance and tariff structures of WAREG member countries. […]
Assessment of the potential to deliver utility-scale dispatchable renewable power to Kosovo
Optima Energy Consulting is engaged by Hill International of the IPF 7 Consortium to provide assistance in Legal and Regulatory Expertise for the European Investment Bank project, “Assessment of the potential to deliver utility-scale dispatchable renewable power to Kosovo”. Optima EC will be responsible to support the consortium of international experts in data collection of […]
Advisory Serviecs to Hidroenergjia LLC
Optima Energy Consulting Supports Hidroenergjia with the following services: (a)Representation and/or intermediation during negotiations with potential investors;(b)Advisory Services on optimization of the capital structure (financing);(c)Exploration, identification and recommendation for financing;(d) Development of financial models and investment appraisals:(e)Presentation of project for investors;(f)Assessment of regulatory, legal, technical and financial risk of projects;(g)Feasibility studies for projects in the […]
Triangle General Contractors Inc.
Optima Energy Consulting has been contracted by the Triangle General Contractors Inc – a US- based company operating in Kosovo, to evaluate scenarios for determining the Purchase Price for a Hydro Power plant of the capacity of 0.8 MW. Optima Energy Consulting has also provided training and assisted TGC in increasing in-house technical capacities in […]
Technical Assistance to the Kosovo Energy Corporation JSC
Optima Energy Consulting was contracted by the Kosovo Energy Corporation to provide technical support for the tariff process on behalf of the Regular Adjustment of their Maximum Allowed Revenues which was set by the Energy Regulatory Office for a five-year period. Optima Energy Consulting modeled KEK’s Revenue Requirement for the second Relevant Year of the […]