The remainder of this article first describes the key features of an efficient short-term wholesale market design: a multisettlement locational marginal pricing (LMP) market with an automatic local market power mitigation (LMPM) mechanism, which is the standard market design for all shortterm markets in the United States.The second half of the article describes a new long-term resource adequacy mechanism for the efficient short-term market design for an electricity supply industry with a large share of zero-marginal-cost, intermittent renewables.

Energy regulatory cooperation takes various shapes and formats. Sometimes, subject to specific needs, ERRA regulators approach each other more directly than within the framework of the Association and establish bilateral contacts for knowledge exchange. The most recent example is given by the training cooperation between the Hungarian Energy and Public Utility Regulatory Authority (MEKH) and the Azerbaijan Energy Regulatory Agency (AERA). The story describes the cooperation and contains two interviews - with Dr Samir Akhundov, Chairman of the Board of AERA and with Mr. Pál Ságvári, Vice-President of MEKH for International Affairs.

This document provides an analysis for the smart meter questionnaire created by the ERRA Smart Meter Task Force. In total, 22 countries took part in the project and 19 replied to the questionnaire and the results provide some new comparisons on the role of smart meters in different countries’ electricity markets, leading us to identify recommendations and best-practice-examples towards this hot topic. 

The questionnaire was targeting the smart meter deployment status together with related strategies & plans in different countries by addressing the following points:

• Overview of the total available number, type and responsible entities for the metering points on the retail customers’ side;
• Cost-benefit Analyses’ results and related data;
• Roll-out plans and strategies;
• Technical requirements and specifications;
• Main drivers and challenges for deployment;
• Services and business models that rely on the chosen roll-out strategy and functionalities of smart meters;
• Additional legislation for the roll-out plan;
• Time-of-use tariff deployments;
• The deployment of smart meters in different sectors than electricity.

The executive summary is provided by the Austrian Energy Agency.

It is a joint work of the ERRA Committees and the Working Group, including: the Electricity Markets and Economic Regulation Committee, the Renewable Energy Committeeand the Customer Protection Working Group.

Data processed by:

• Eng. Khaled Khallaf, Head of Codes and Technical Performance Department, Gas Regulatory Authority (GasReg), Egypt

Executive Summary and Policy Recommendations:

• Mr. Gregor Thenius, Austrian Energy Agency
• Ms. Karina Knaus, Austrian Energy Agency

The paper comprises inputs by 17 organisations/countries and is targeting the deregulation of electricity markets by addressing the following questions:

• Current Market Structures
• Characteristics of Electricity Market
• Unbundling and Concertation
• Prices on Wholesale Market
• Cross-Border Trading
• Balancing and Ancillary Services
• Conclusion

The Survey was prepared by: Ms. Valentyna Dyatlovska, Deputy Head of the Strategic Development and International Coordination Department, National Energy and Utilities Regulatory Commission, Ukraine and Mr. Levan Zakareishvili, Leading Specialist of Electricity Department, Georgian National Energy and Water Supply Regulatory Commission, Georgia.

ERRA Renewable Energy Committee survey on the Regulatory Involvement in the Implementation of Different Renewable Technologies.

This report provides the key figures and results of the survey of 2021 and an overview of the regulators’ involvements, their strengths and weaknesses. Furthermore, it analyses not only the existing tasks but also the roles regulatory authorities have or might have in the future regarding innovative technologies and services.

The paper comprises inputs by 22 organisations/countries and is targeting the current situation in individual countries by addressing the following questions:

• the activities of regulators,
• the different tasks, laws, competences and unspecified duties
• strengths and weaknesses
• the financial support systems in place
• introduction of new services/technologies
• regulators’ involvement in new services/technologies
• the role of the market.

The Survey was prepared by: dr. Katalin Véhmann, Hungarian Energy and Public Utility Regulatory Authority, Hungary and Dr. Harald Proidl, Committee Chairman,  E-control, Austria.

The second of two benchmarking reports on gas transmission topics by ERRA Natural Gas Markets and Economic Regulation Committee analyses the following:

• Revenue setting methodologies  (RAB, planned investments and investment deferrral, RoR, line pack, OPEX review, efficiency and quality factors)
• Calculation of unit charges (transmission charges, pricing models, technical parameters & additional charges referred)

The paper comprises inputs by 14 Members and was compiled by the Committee Chairs:

• Mr. Mehmet Kürkcü, EMRA, Turkey – Committee Chair
• Mr. Viesturs Kadikis, PUC, Latvia – Committee Vice-Chair.