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The regulation of energy markets in Europe has required strategic and operative realignment for the past several years.
The regulation process is subject to continuous improvement because the regulation authorities keep adjusting the requirements to development in the market, the industry and actual experiences. The grid companies in distribution and transportation are the focus of the regulation because they have a key role in the liberalization process of the markets as the linking pin between production and the consumers.
As a result, regulation management is an essential basis for the survival of the gas and electricity industries. It includes strategic and operational elements and contains new approaches and special requirements.
Since the first changes in the regulations, KEMA has worked as an experienced partner to accompany its clients worldwide through all required steps -- from the discussion and definition of strategy to the development and implementation of special and detailed business processes. This includes general industrial standards as well as special processes required by the regulations, such as changing supplier, accounting for grid usage or balancing procedures. We help our clients design the architecture of the new system infrastructure by identifying the best IT tools and software; we also help implement new processes.
An essential task of the grid companies is reporting to regulators within the context of incentive regulation for benchmarking. A strategic data evaluation that is prepared and professionally managed is essential for long-term success of grid companies as well as for fulfillment of the regulators’ requirements. Asset management is an important tool to optimize business results and improve company policies and strategies on investment, operation and maintenance. KEMA’s professional asset management uses a regulatory finance model primarily based on the input of technical grid data to provide detailed information on financial developments during a regulation period.
The new demands on energy supply require a different way of thinking among staff: KEMA works with clients to train your employees so that they will learn and fulfill the general and specific requirements of a successful grid company within a regulated environment.
In some cases, new regulatory requirements lead to reorganization of company structure, when companies must be divided according to statutory provisions or changes in the service area. KEMA can be a reliable partner before, during and after these processes.