Energy Regulators Regional Association Viola Dozsa Senior Program Manager ERRA Kiev, Ukraine October 26-27, 2005

Slide 2 What is ERRA: Voluntary, not-for-profit organization of independent energy regulatory bodies of the Central Eastern Europe and the Commonwealth of Independent States. All activities are conducted in English and Russian languages.

Slide 3 Objectives:  To improve national energy regulation in member countries  To foster development of stable energy regulators with autonomy and authority;  To improve cooperation among Energy Regulators  To facilitate the exchange of information, research, training and experience among members and other regulators around the world.

Slide 4 ERRA Members: Currently 23 Full Members : Albania, Armenia, Bosnia & Herzegovina, Bulgaria, Croatia, Czech Republic, Georgia, Estonia, Hungary, Kazakhstan, Kyrgyz Republic, Latvia, Lithuania, Macedonia, Moldova, Mongolia, Montenegro, Poland, Romania, Russia, Slovakia, Turkey, Ukraine 5 Associate Members : Kosovo, National Regulatory Authority for Municipal Services (Romania), National Natural Gas Reg. Authority (Romania), IAREC Russia, NARUC

Slide 5 ERRA Members - Map

Slide 6 ERRA Members’ Links 7 ERRA members are CEER members Some of them are ERGEG members ERRA members participate in the Energy Community of SEE Regulatory Working Group Some are participants in the Asian Development Bank’s CAREC initiative Expected that Serbia and Azerbaijan may apply

Slide 7 ERRA Major Revenues Membership dues Conference registration fees Conference sponsorship Subscription of Tariff database Other

Slide 8 Milestones in ERRA’s history: Cooperative platform started in 1998 by the participation of 12 “later” ERRA members Established in Dec in Bucharest by 15 members Legally registered in Budapest in Apr 2001 Website maintained by Secretariat from new Full and 4 new Associate Members since st Energy Regulation and Investment Conference in st Training Program in 2003

Slide 9 Early activities Licensing/Competition Committee Tariff/Pricing Committee Annual Conference Produced by 2 ERRA staff people and significant assistance of NARUC staff

Slide 10 Today’s main activities Presidium Meetings Licensing/Competition Committee Tariff/Pricing Committee Annual Meeting, General Assembly sessions Energy Regulation & Investment Conference EU Integration Working Group Legal Regulation Working Group Technical Exchange Programs Peer Reviews Summer School Website Tariff Database Newsletter 4 ERRA staff people

Slide 11 Technical Exchange Programs Aim: to promote bilateral assistance and training programs between member organizations 1-2 day technical exchanges 1-2 week apprenticeship placements Travel subsidy provided in max. $1,000 9 successful programs 4 more programs until the end of 2005

Slide 12 Energy Regulation and Investment Conference The Conference brings together energy regulators with other stakeholders of the industry: utilities, banks, consultants, government representatives Attracts some 250 participants ERRA will organize the 5 th Conference on May in Budapest Registration fee: Euro for regulators, for others

Slide 13 Tariff Database Online data source of electricity and gas tariffs of member countries For residential and non-residential consumers Producer, wholesale and end-user prices Per capita electricity consumption Both in national currency and in $ Data goes back to 1998 Subscription basis: Euro

Slide 14 Newsletter Electronic newsletter Includes updates on recent relevant energy regulatory issues in each of the member countries Information on recent ERRA program activities

Slide 15 Past periodic activities Study Tours Training for Local Government Representatives Benchmarking Working Group Monitoring Working Group Joint Training with CEER Privatization Workshop Black Sea Energy Regulatory Forum South East Europe Regulatory Forum

Slide 16 Training – Past Programs ERRA – CEER Training Program (2003) ERRA – CEU Summer School (2003, 2004, 2005 ERRA New Commissioner Training (2005)

Slide 17 Training – Past Programs So far have only been available to ERRA members (some PhD students and CEER members joined this year course) Participants are predominantly new entry, junior level staff Instructors are practicing ERRA and CEER regulators

Slide 18 Training – New Programs E-learning (internet-based) training Courses on intermediate/advanced level Modular courses: Monitoring, Tariffs, Public Participation Training will be available to non-members on a fee basis

Slide 19 Our intangible achievements Strong commitment of member organizations Members’ appreciation for ERRA’s well-targeted activities ERRA’s international recognition is constantly growing Daily working relationship with: NARUC, CEER and individual CEER members Occasional working relationship with other international organizations: Eurelectric, the World Bank, IEA, EFET, Euroheat, EBRD etc.

Slide 20 ERRA Website