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Leveraging Network Utility Asset Management Practices for Regulatory Purposes

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Leveraging Network Utility Asset Management Practices for Regulatory Purposes Leveraging Network Utility Asset Management Practices for Regulatory Purposes Appendices November 2009 Disclaimer: The views expressed in this report are those of KEMA, Inc., and do not necessarily represent he views of, and should not be attributed to, the Ontario Energy Board, any individual Board Member, or OEB staff. Table of Contents Table of Contents Synopsis of International Markets Studied ........................................................................................1 1. Appendix A: Australia.............................................................................................................. 1-1 1.1 Characteristics of Utilities Affected.......................................................................... 1-2 1.1.1 Number of Companies .............................................................................. 1-2 1.1.2 Geographic Areas Served ......................................................................... 1-3 1.1.3 Key Technical and Financial Statistics per Utility.................................... 1-8 1.1.4 Ownership Structures.............................................................................. 1-11 1.2 Assessment of Utility Investment Plans.................................................................. 1-13 1.3 Regulatory Information Requirements.................................................................... 1-17 1.4 Explicit Asset Management Requirements ............................................................. 1-19 1.5 Relevant Regulatory Instruments ............................................................................ 1-21 1.5.1 Laws and Regulations............................................................................. 1-21 1.5.2 Codes, Rules, Filing Guidelines/Requirements ...................................... 1-23 1.5.3 Regulatory Standards, Procedures or Guidelines.................................... 1-29 1.6 Regulatory Guidance to Utility Companies ............................................................ 1-31 1.6.1 Guidelines for the Preparation of Asset Management Plans................... 1-31 1.6.2 Investment Plan Requirements for Regulatory Submissions by Utilities1-32 1.7 Lessons Learned and Future Areas of Focus........................................................... 1-42 2. Appendix B: Germany.............................................................................................................. 2-1 2.1 Characteristics of Utilities Affected.......................................................................... 2-2 2.1.1 Number of Companies .............................................................................. 2-3 2.1.2 Geographic Areas Served ......................................................................... 2-5 2.1.3 Key Technical Statistics for German Network Utilities ........................... 2-8 2.1.4 Ownership Structures.............................................................................. 2-13 2.2 Assessment of Utility Investment Plans.................................................................. 2-14 2.2.1 General Regulatory Process.................................................................... 2-16 2.2.2 Investment Budgets for Transmission and Distribution.......................... 2-18 2.2.3 Asset Replacement Expenditure (REPEX) ............................................. 2-22 2.2.4 Quantity Adjustment Term (EFt) for Distribution Electricity and Gas... 2-23 2.2.5 Investment Supplement for Distribution Gas and Electricity ................. 2-25 2.3 Regulatory Information Requirements.................................................................... 2-26 2.3.1 Formal Data Collection Requirements – Price Control Reviews............ 2-26 2.4 Explicit Asset Management Requirements ............................................................. 2-29 2.5 Relevant Regulatory Instruments ............................................................................ 2-31 2.5.1 Laws and Regulations............................................................................. 2-31 2.5.2 Codes, Rules, Filing Guidelines/Requirements ...................................... 2-33 2.5.3 Regulatory Standards, Procedures or Guidelines.................................... 2-34 2.6 Regulatory Guidance to Utility Companies ............................................................ 2-34 2.6.1 Guidelines for the Preparation of Asset Management Plans................... 2-34 2.6.2 Investment Plan Requirements for Regulatory Submissions by Utilities2-35 2.7 Lessons Learned and Future Areas of Focus........................................................... 2-36 3. Appendix C: Great Britain....................................................................................................... 3-1 3.1 Characteristics of Utilities Affected.......................................................................... 3-2 3.1.1 Number of Companies .............................................................................. 3-2 3.1.2 Geographic Areas Served ......................................................................... 3-3 3.1.3 Key Technical and Financial Statistics per Utility.................................... 3-7 3.1.4 Ownership Structures.............................................................................. 3-17 ii Table of Contents 3.2 Assessment of Utility Investment Plans.................................................................. 3-20 3.2.1 Overview of Ofgem’s Approach to Assessment of Utility Investment Plans 3-21 3.2.2 Detail of Ofgem’s Approach to Assessment of Utility Investment Plans3-24 3.3 Regulatory Information Requirements.................................................................... 3-33 3.3.1 Formal Requirements – Price Control Reviews...................................... 3-33 3.3.2 Formal Requirements – Annual Regulatory Reporting .......................... 3-35 3.3.3 Other Information Gathering .................................................................. 3-37 3.4 Explicit Asset Management Requirements ............................................................. 3-37 3.4.1 Adoption of PAS 55 Aligned Asset Management Practices................... 3-38 3.4.2 Adoption of Explicit Output Measures ................................................... 3-38 3.5 Relevant Regulatory Instruments ............................................................................ 3-41 3.5.1 Laws and Regulations............................................................................. 3-41 3.5.2 Codes, Rules, Filing Guidelines/Requirements ...................................... 3-42 3.5.3 Regulatory Standards, Procedures or Guidelines.................................... 3-42 3.6 Regulatory Guidance to Utility Companies ............................................................ 3-43 3.6.1 Guidelines for the Preparation of Asset Management Plans................... 3-43 3.6.2 Investment Plan Requirements for Regulatory Submissions by Utilities3-45 3.7 Lessons Learned and Future Areas of Focus........................................................... 3-49 4. Appendix D: New Zealand ....................................................................................................... 4-1 4.1 Characteristics of Utilities Affected.......................................................................... 4-1 4.1.1 Number of Companies .............................................................................. 4-1 4.1.2 Geographic Areas Served ......................................................................... 4-3 4.1.3 Key Technical and Financial Statistics ..................................................... 4-6 4.1.4 Ownership Structures................................................................................ 4-8 4.2 Assessment of Utility Investment Plans.................................................................. 4-10 4.2.1 Overview of the Process ......................................................................... 4-10 4.2.2 Current Assessment Process ................................................................... 4-12 4.2.3 Current Assessment Process ................................................................... 4-23 4.3 Regulatory Information Requirements.................................................................... 4-29 4.4 Explicit Asset Management Requirements ............................................................. 4-32 4.5 Relevant Regulatory Instruments ............................................................................ 4-34 4.5.1 Laws and Regulations............................................................................. 4-34 4.5.2 Relevant Legislation ............................................................................... 4-36 4.5.3 Codes, Rules, Filing Guidelines/Requirements ...................................... 4-38 4.5.4 Regulatory Standards, Procedures or Guidelines.................................... 4-40 4.6 Regulatory Guidance to Utility Companies ............................................................ 4-42 4.6.1 Guidelines for the Preparation of Asset Management Plans................... 4-42 4.6.2 Investment Plan Requirements for Regulatory Submissions by Utilities4-43 4.7 Summary and Lessons Learned............................................................................... 4-46 5. Appendix E: United States ....................................................................................................... 5-1 5.1 Characteristics of Utilities Affected.........................................................................
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