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8/10/2019 Progress Made - Project Team for Development of SEE CAO
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Progress made Project Team for Development of SEE CAO
Aleksandar Mijuskovic, PrenosChairman Project Team Steering Committee
15thAthens Forum, November 25th-26th, 2009
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Content
I PT SC SEE CAO Meetings
II Main developments
III Conclusions
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PT SC SEE CAO Meetings
1st PT SC CAO Meeting, Athens, May. 11th 2009
2nd PT SC CAO Meeting, Athens, June. 9th 2009
3rd PT SC CAO Meeting, Vienna, Sep. 17th - 18th 2009
4th PT SC CAO Meeting, Brussels, Oct. 28th 2009
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Main developments
Polit ical Support
Financing of the Project Team
Structure of the Project Team
Setting up Project Company ToR
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Main developments - Polit ical Support
Conclusions of the Ministerial Council
Conclusions of the Athens Forum
Memorandum of Understanding
Letter of EU Commissioner Piebalgs
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Main developments - Financing of the PT
70% of the overall project costs will be covered by
International Financial Institutions IFIs
30% of the project budget shall be financed by TSOs
based on equal contributions
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Main developments The structure of the PT
The Project Company shall be set up for the duration
of one year There shall be 4 experts (one Legal Expert, one
Economic Expert, 2 Grid Experts) and a Project Team
Manager leading the team and reporting to theSteering Committee.
PT members shall be seconded by TSOs/ISOs from
the 8th region
Nomination for Project Team Members Letter
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Main developments Project Company
The originally planned approach of PRENOS acting as
beneficiary for the Project Team funds (budget) cannot be followed (difficulties with splitting income in
the balance sheet/regulated asset base)
Alternatively a Project Company ( LIMITED LIABILITYCOMPANY ) shall be set up
PRENOS offered to prepare the setting up
Legal framework for establishment of ProjectCompany
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Main developments ToR
On 28 October 2009 the SEE CAO Project Team
Steering Committee agreed on the final version of theToR for the PT SEE CAO
After the agreement to go Rules of Association willhave to be finished
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Conclusions
Setting up a SEE CAO is following the legal
requirements of the Energy Community Treaty in themost efficient way
SPECIAL BENEFITS FOR SEE:
high number of borders and different allocation
mechanisms aim: implementing procedures that are
in line with the EU
integration of markets - one single market is
considered as the ultimate goal
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Conclusions
Establishment of a SEE CAO depends on the number
of the participating TSOs/ISOs and the transmissioncapacities offered at their borders
Participation of all TSOs would make the project more
efficient
The SEE CAO remains open to all TSOs in the Region
Start with an NTC approach in the first phase andmove to flow based allocations in a second step
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Conclusions
Message:
all the conditions were met and that PT can start work
Governments and ministries play a key role
Clear political signal on the way forward from theupcoming Ministerial Council (18 Dec 2009)