We appreciate the contribution
of our Sponsors of the 20th ERRA Annual Conference!
FGSZ Földgázszállító Zrt. (FGSZ) is the sole transmission system operator and a 100% subsidiary of MOL. It owns and operates the nearly 6,000 km long high-pressure natural gas transmission pipeline system covering the territory of Hungary, supplying gas distribution companies, power plants and a number of large industrial consumers. FGSZ performs its activities under regulated market conditions and, in compliance with EU rules, has been ITO-certified since 2012.
Following the construction of the first natural gas pipeline in Hungary in 1938, the gas transmission network has developed organically and FGSZ, as a strategically important company in the region, has been transporting gas internationally for some time by now, besides its domestic activities. Since 2021, it has been operating interconnectors with six neighbouring countries: bidirectional points with Slovakia, Ukraine, Romania, Serbia and Croatia, and an entry point from Austria. In international comparison, the Company’s grid is operated according to the highest technological standards.
In line with decarbonisation efforts, FGSZ places a strong emphasis on sustainability and tasks related to the green transition. The Company is exploring the adaptation of the existing transmission system to changing needs and to the transport of renewable gases – it is member of the European Hydrogen Backbone initiative. The Company is also working on a number of other projects to make its current operations more sustainable, carrying out methane leak detection and repair activities to reduce greenhouse gas emissions, and energy efficiency improvements.
ALTEO is a Hungarian-owned energy service and trading company with a modern mindset.
ALTEO has significant competence in renewable energy sources and waste-based energy production. The Group’s portfolio covers all types of renewable energy production.
The Company has on own, optimally designed assets and control center, the company provides the most innovative services of the highest quality to its partners. In recent years, innovative business sectors such as e-mobility, waste management and scheduling have been added to this range, where aspects of the circular economy are even more prevalent.
ALTEO is a sustainable company. During the formation and development of the energy production portfolio, units built upon the utilization of alternative and renewable energy sources receive special attention. As the first company in Hungary, ALTEO has established an aFRR-capable Virtual Power Plant integrating purely renewable power plants. In February 2022, ALTEO Energy Services Plc. became the first company in the Hungarian energy sector to receive a Comprehensive ESG risk rating, which was further improved in the 2023 review.
Founded in 1889, the National Association of Regulatory Utility Commissioners (NARUC) is a non-profit organization dedicated to representing the state public service commissions who regulate the utilities that provide essential services such as energy, telecommunications, power, water, and transportation.
NARUC's members include all 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands. Most state commissioners are appointed to their positions by their governor or legislature, whereas commissioners in 11 states are elected by the public and in two states by the general assembly.
Our mission is to serve the public interest by improving the quality and effectiveness of public utility regulation. Under state laws, NARUC's members have an obligation to ensure the establishment and maintenance of utility services as may be required by law and to ensure that such services are provided at rates and conditions that are fair, reasonable, and nondiscriminatory for all consumers.
MCC Economics is an energy sector consultancy with a presence in the United Kingdom and the United Arab Emirates (UAE). Established in London in 2017, the firm was founded to address the financial and economic advisory needs of regulatory bodies and regulated companies in the UK and Ireland. In a significant expansion move, MCC Economics FZ-LLC was established in 2021 to serve clients in the UAE, Oman, Kuwait, and the broader Gulf Cooperation Council (GCC) region.
The consultancy excels in offering specialized advice, research, and analysis to a diverse range of sectors, encompassing utilities, financial services, and aviation. MCC’s client portfolio extends to government entities, non-governmental organizations (NGOs), and private sector organizations.
MCC Economics, with an experienced team of finance and economics experts, supports regulatory bodies, regulated companies, and governmental agencies across multiple countries, including the UK, UAE, Ireland, Australia, and New Zealand. Our mission is to combine technical proficiency with practical skills in project management, quantitative and qualitative research, and document drafting.
Engaged actively with regulators and regulated entities, MCC Economics contributes significantly to regulatory review processes and the formulation of best practices in fields such as price controls, cost of capital assessments, allowed returns, and various regulatory activities.