20.00 Informal Get Together, SAS Royal Hotel, Bryggen. Hosted by Bergen Energi AS

Objective: To present and discuss research by SESSA and NEMIEC participants on the main topics and issues of WP 6: Aspects of regulatory design and properties of regulatory mechanisms and models. Relationship between regulatory design, network organisation and market functioning. Need for harmonising rules and regulations across energy networks and countries of the European power market. Measurement and regulation of reliability of supply. Benchmarking standards for regulatory practice. Relationship between sector-specific and competition policy regulation and harmonisation.

8.30 Registration, coffee

9.00-9.30 Welcome and Introduction
SESSA objectives: Jean-Michel Glachant, University Paris XI
NEMIEC objectives: Torstein Bye, Central Bureau of Statistics, Norway
WP 6: Harmonising effective regulation: Einar Hope, NHH

9.30-12.00 Morning Session: Regulatory practice, benchmarking standards and institutional issues
(Session Chairman : Michael Pollitt, Judge Institute of Management)

9.30-10.00 Comparing independent regulatory authorities in European energy markets - Eva Moll Sørensen, Anders Larsen, and Ole Jess Olsen (AKF, Denmark)
10.00-10.30 Benchmarking analysis in transmission and distribution - Massimo Filippini, Mehdi Farsi, and Aurelio Fetz (CEPE, ETH, Switzerland)

10.30-11.00 Coffee

11.00-11.30 Regulating reliability of supply in competitive electricity markets - Balbir Singh(SNF)
11.30-12.00 Competition versus sector-specific regulation of energy markets and networks - Einar Hope(SNF/NHH)

12.00-13.00 Lunch

13.00-17.15 Afternoon Session: Regulatory models and principles
(Session Chairman : Lars Bergman, Stockholm School of Economics)

13.00-13.30 Regulation and contracts: A Coasian approach - Nils-Henrik von der Fehr,University of Oslo, Kåre P. Hagen, and Einar Hope
(SNF/NHH)

13.30-14.00 Contracts and vertical integration in the electricity industry - Fridrik Baldurson (University of Iceland)

14.00-14.30 Coffee

14.30-15.00 International mergers and regulation in energy markets - Trond Olsen(NHH)

15.00-15.30 Regulating electricity networks - Mette Bjørndal, Endre Bjørndal, Trond Bjørnenak, and Thore Johnsen(SNF/NHH)

15.30-16.00 Static versus dynamic models of regulation - Christian Andersen (SNF)

16.15-17.15 SESSA Executive Committee meeting

19.30 Conference dinner.
(Restaurant Fløyen, Mount Fløyen, partially sponsored by NEMIEC)

Identify relevant issues, ranking workable solutions, defining best practices, suggesting timetable for implementing harmonisation of regulation at the European level and the regional (Nordic) level.

8.30 Coffee

9.00-12.00 Morning Session: Reliability of supply and network planning
(Session Chairman: Balbir Singh, SNF)

09.00-10.15 Reliability of supply in competitive electricity markets - Ulrik Stridbaek(Senior Policy Adviser, IEA, France) , Jan Moen(Member CEER Committee, and Senior Policy Adviser, NVE, Norway)

Comment : Thomas Kästner(Head of Policy Unit, E.ON, Germany)

10.15-10.45 Coffee

10.45-12.00 Network planning and operation; TSO's role in integrated electricity markets - Peter Jørgensen(Member ETSO Steering Committee, and Director, Eltra, Denmark) , Odd Håkon Holsæter (CEO, Statnett, Norway)

Comment : Alberto Pototschnig (Director, Italian TSO)

12.00-13.00 Lunch

13.00-17.00 Afternoon Session: Harmonisation and integration of regulatory principles
(Session Chairman : Richard Green, University of Hull)

13.00-14.15 Harmonisation of regulatory principles and regimes - Jorge Vasconcelos (President, CEER, Portugal) , Tore Langset (Director, NVE, Norway)

Comment : Gunnar Lundberg (Director, Vattenfall, Sweden)

14.15-15.30 Integration of regulatory and competition policy functions; harmonisation of rules and regulations; cooperation among regulatory authorities - Miguel de la Mano(Member of Chief Economist Unit, EU Competition Directorate) , Lars Sørgard(Chief Economist, Norwegian Competition Authority)

Comment : H.J. Fransen (Utility Support Group, the Netherlands)

15.30-16.00 Coffee

16.00-17.00 Consensus Report and Final Discussion
Einar Hope (SNF/NHH)

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