Elia Group SA/NV · EURONEXT:ELI
Elia Group SA/NV — Investor Presentation (September 2015)
9 slides from Elia Group SA/NV's investor presentation, Sep 2, 2015
Slide 1: Federation of Belgian Electricity and Gas Companies
Federatie van de Belgische Elektriciteits- en Gasbedrijven Fédération Belge des Entreprises Électriques et Gazières Federation of Belgian Electricity and Gas Companies
Slide 2: Elia TF 'Implementation Strategic Reserves'
Elia TF ‘Implementation Strategic Reserves’ 2nd of September, 2015 2 2/09/2015 • Elia TF ‘Implementation Strategic Reserves’
Slide 3: General comments: Transparency should be improved
General comments Transparency should be improved On the communication: On the assumptions and underlying data for the calculation of the strategic reserves’ volumes On the outcome of the tenders and the contracting prices (both SDR and SGR) respecting confidentiality of commercial information
Slide 4: General comments: Further improvements are necessary
General comments Further improvements are necessary On the tendering process: Timings (validation functioning rules/tender/results/delivery of service: negotiations with clients, investments, …) Information – essential for contracting and permitting - should be communicated as soon as possible
Slide 5: General comments: Level playing field needed
General comments Level playing field needed Participation: companies eligible for SDR have option to participate while generators eligible for SGR are obliged to send an offer and have no opt-out when being contracted Penalties: SGR is confronted with the risk of high penalties Remuneration: C
Slide 6: Main comments: Strategic Generation Reserve
Main comments Strategic Generation Reserve Contracting SGR at lower price levels would be possible with: Reduction of penalties as there is a higher risk of forced outages for those units (discrimination vs SDR) Reduction of the availability constraints/technical requirements (especially if li
Slide 7: Main comments: Strategic Demand Reserve
Main comments Strategic Demand Reserve SDR has improved, e.g. submetering Very thight market conditions lead to high price level offers: This creates a risk of demand response shifting from other flexibility markets towards SDR, leading to less liquidity in the other flexibility markets Inve
Slide 8: Concluding comments: Next steps
Concluding comments Next steps … On the financing: charge SR levy in EUR/MW instead of EUR/MWh: To make levy more cost-reflective (in function of contribution to peak) To give an incentive to part of the customers to reduce their peak needs To come to fair cost sharing between larger industr
Slide 9: Thanks
thanks Federatie van de Belgische Elektriciteits- en Gasbedrijven Fédération Belge des Entreprises Électriques et Gazières Federation of Belgian Electricity and Gas Companies
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