European Regulation Forum
on Electricity Reforms


Contract N° SSP6-CT2004-502479
 
Cambridge SESSA Conference
"Refining Market Design"
Programme and Presentations

Dates: 13 – 15 July, 2004
Location: Judge Institute of Management
Trumpington Street, Cambridge, England

Tuesday 13 July

14.00 Meeting of SESSA executive committee at The Judge Institute Room W2.02

Wednesday 14 July: Academic Workshop joint with CMIEP - Refining Market Design

Objective : To draw lessons from the country-level experience about the four main topics of WP3: market design chosen and experience, measured by: level of prices, volatility, security of supply, integration of market, success of market opening and supply competition, gas-electricity market coordination, emissions trading regime, and impact of markets on green energy trading.

8.30 Registration

9.00 Introduction, welcome and brief statement of SESSA objectives– David Newbery (Cambridge) and Jean-Michel Glachant (Paris)

9.15 –11.00 Country experiences - 1

David Newbery : “Electricity Liberalisation in Britain: The Quest for a Satisfactory Market Design”
Nils-Henrik von der Fehr (Oslo) : “The Nordic Market: Signs of Stress?”
Gert Brunekreeft
(Tilburg): “Electricity Market in Germany: RegTP REGTP?”

11.00-11.15 Coffee

11.15-12.30 Country experiences - 2

Eric van Damme (Tilburg): “Liberalising the Dutch electricity market 1998-2004”
Paul Joskow (MIT): “Wholesale electricity market developments in the US”

12.45-14.00 Lunch

14.00-15.15 Country experiences - 3

Claude Crampes (Toulouse) : “The Spanish Electricity Industry: Analysis and Prospects”
Jean-Michel Glachant : “France market design: hard facts and soft dreams”

15.15-16.30: European Initiatives and International Comparisons

Karsten Neuhoff (Cambridge): “Cross-border pricing of transmission”
Michael Pollitt (Cambridge): “Electricity liberalisation in the European Union: progress, status and prospects”

16.30-17.00 Tea

17.00-18.00 David Newbery and Paul Joskow : Summary and search for scientific consensus

18.00-19.00 Meeting of SESSA executive committee at The Judge Institute (continued)

19.00 Drinks followed by a buffet at Pembroke College


Thursday 15 July : Stakeholder conference

Objective : To hear from regulators and the industry about progress towards the single electricity market, how best to promote efficient market integration, what obstacles prevent or slow this progress, and how these might best be addressed.


09.00 – 10.15 Relevant Issues in Market Design at National and European level

Chair and introduction : Ofgem Representative: Boaz Moselle
Industry Response : National Grid: Mike Metcalfe

10.15 – 10.45 Coffee

10.45 -12.00 Ranking workable solutions: What pragmatic solutions exist to market design problems?

Chair and introduction: Austrian Regulator Representative: Johannes Mayer
Industry Response: Alan Robinson, RWE

12.00 -13.30 Lunch

13.30 -14.45 Timetable. What is a realistic timetable for future integration of European energy and emissions markets?

Chair and introduction : Hungarian Regulator Representative : Laszlo Varro
Industry Response: Alberto Pototschnig, GRTN
Presentation on Carbon Trust Report on ETS: Michael Grubb, Cambridge and Carbon Trust

14.45 -15.15 Tea

15.15-16.30 Defining best practices. What is working well at the moment? How could reporting/measurement be improved to better learn from experience?

Chair and introduction: Dutch Regulator Representative: Paul Giesbertz (DTe)
Industry Response: EDF: Michel Matheu

16.30 Conclusions, David Newbery