News

Chair:               Amarquaye Armar, ESMAP Program Manager
Speaker:          Kari Nyman, Lead Specialist, Europe & Central Asia Unit, The World Bank

Countries of South East Europe (SEE) are working to implement regional approaches to power sector reform and market opening in their Energy Community - a regional regulatory and market framework for electricity, gas, oil, renewable energy and energy efficiency.  In response to client demand, ESMAP, along with PPIAF, recently supported the development of a Regional Wholesale Electricity Market Design and Action Plan for Implementation for the participating countries.  Kari Nyman, Lead Specialist in ECA, will present:

•           The context and motivation for regional market reform in SEE

•           The design of the proposed Regional Day-Ahead Market and the key role of Transmission Systems Operators

•           Centralized vs decentralized approaches to increased power trade

•           Developing national markets in parallel with the regional market

•           The challenges of a "top-down" approach to regional market creation

•           Lessons for other regions to facilitate greater power trade and integration

  
The latest political developments, including countries' response to the proposed Regional Market Design and role played by the relevant regional framework, the Energy Community will be discussed.  Discussion will address how this experience can be usefully applied in other regions. This event is part of a series sponsored by ESMAP's Regional Energy Integration Strategies Program (REISP).  The REISP leverages ESMAP/World Bank experience through a global platform to draw, package and disseminate best-practice lessons from regional energy integration efforts around the world.