On 5 July, 2019, the National Energy Regulatory Council
(hereinafter – Council) in cooperation with the Council of European Energy Regulators (hereinafter –
CEER) hosted CEER Incentives Regulation and Efficiency Benchmarking (hereinafter – IRB) Work
stream meeting. The Chair of Council Ms Inga Žilienė welcomed the participants
of the meeting gathering together in Vilnius for the first time to attend the
IRB meeting with the aim to promote further cooperation in the energy
representatives shared their best practices when performing the supervision of
regulated companies, setting and approving State regulated prices. CEER’s
colleagues showed their interest in the methodologies used by Council in
investment evaluation and approval process. Also, the participants discussed
about the Long-Run Average Incremental Cost (LRAIC)
model used by Council with the aim to increase the efficiency of the operation
of the electricity networks.
There were also discussions about the
CEER‘s perfomed pan-European TSOs cost efficiency benchmark study – the
participants of the meeting exchanged the views about the results of the study
and way forward on how to better improve the methods for the future benchmarks.
Next meeting of IRB will take place in
September in Vienna.
Council is member of CEER and regularly participates in its
meetings and decision making process within General Assembly.