Elia Group SA/NV · EURONEXT:ELI
Elia Group SA/NV — Investor Presentation (July 2015)
11 slides from Elia Group SA/NV's investor presentation, Jul 2, 2015
Slide 1: Consultation Tariff Proposal 2016-2019 Results
Consultation Tariff Proposal 2016-2019 Results Users’ Group Plenary Meeting 02/07/2015
Slide 2: Context of the consultation
Context of the consultation • Public consultation • Announced via e-mails, Elia News and UG meetings • From 20/4/2015 to 4/5/2015 • Special explanatory meeting of UG 23/4 • Large participation - 16 answers • 7 generators (federations / companies) • 5 consumers (federations / companies) • 1 ARP (comp
Slide 3: Reactions: Tariff elaboration process
Reactions “Tariff elaboration process” • Insufficient implementation time => several proposals to adapt process • Not the competence of Elia • Elia communicates available information (tariff matrix) and adopted tariffs as soon as possible • Need of information on milestones of the approval process •
Slide 4: Reactions: Evolution of Costs
Reactions “Evolution of Costs” • More transparency on elements leading Elia’s assumptions Elia communicates information on several elements, such as expected OLO and inflation, evolution RAB, investment budget, etc. (see report) • Cost efficiency incentives for Elia ? Tariff Methodology: incenti
Slide 5: Reactions: Costs allocation and tariffs
Reactions “Costs allocation and tariffs” Allocation between Tariff for Injection and Tariff for Offtake (most cited arguments are mentioned here, others are discussed in the report) Overall principle of injection tariff challenged by generation, consumers propose (also) an injection tariff for netwo
Slide 6: Reactions: Costs allocation and tariffs
Reactions “Costs allocation and tariffs” Tariff for maintenance and development of the network Allocation between tariffs for power put at disposal (50%), yearly (30%) & monthly peak (20%) (most cited arguments are mentioned here, others are discussed in the report) • Different (diverging) opinions
Slide 7: Reactions: Costs allocation and tariffs
Reactions “Costs allocation and tariffs” Tariff for maintenance and development of the network Period considered for Tariff for yearly peak: reviewed proposal (most cited arguments are mentioned here, others are discussed in the report) • The period is considered too long and not reflecting the peak
Slide 8: Reactions: Costs allocation and tariffs
Reactions “Costs allocation and tariffs” Tariff for maintenance and development of the network Revision of Power Put at disposal • Increasing Power put at disposal: detailed study is a too heavy process Every increase of capacity needs a ex-ante notification to Elia, based on applicable process (G
Slide 9: Reactions: Costs allocation and tariffs
Reactions “Costs allocation and tariffs” Tariff for maintenance and development of the network Penalties System • To review 115% during 12M on the full peak New proposal • To be limited to power exceeding the power made available • Penalty during 12M + 50%: to have a long term component & to avoid
Slide 10: Reactions: Costs allocation and tariffs
Reactions “Costs allocation and tariffs” Tariff for management of electric system • Reactive power: scope to review • Clarification of the proposition: to take as reference the highest possible value of active offtake (more flexibility for clients, regarding Y peak) Tariff for market integration • r
Slide 11: Milestones Tariffs' Proposal
Milestones Tariffs’ Proposal • 30/6 : introduction of Elia tariffs’ proposal to CREG • July/Aug : CREG can ask additional information during 60 days after introduction • Aug/Sept: Elia communicates to CREG within 30 days the requested additional information • Max 100d after reception of the Elia tar