New Zealand Commerce Commission Announces Proposed Wholesale Price for Broadband Bitstream Service

Dec 3, 2012

The New Zealand Commerce Commission has proposed a full UBA price of $32.45 per month per line to come into effect on 1 December 2014.  Until that time, the cost of UBA will remain at the current price of $44.98 for most lines.  The Commerce Commission’s draft UBA decision is available here.

CEG Asia Pacific advised Chorus Ltd in relation to the UBA benchmarking review.

New Zealand Commerce Commission Issues Final Determination on 2010 - 2015 Default Price-Quality Paths for Electricity Distributors

Nov 30, 2012

The New Zealand Commerce Commission has issued a Final Determination which resets the default price-quality paths to apply the Input Methodologies for the first time.  The Commission states that the most notable features of the reset are the new starting prices based on the current and projected profitability of each supplier.  The Commission’s Final Decision is available here.

CEG Asia Pacific advised Vector Ltd on the default price-quality paths.

CEG Moves Offices in Brussels

Nov 28, 2012

CEG will on 1 December move to Avenue Louise 367, B-1050 Brussels.  The main telephone number will be +32 2 642 0017.

Polish Oil and Gas Company Settles with Gazprom

Nov 6, 2012

PGNiG has settled its Swedish UNCTAD arbitration with Gazprom on the basis of market prices. Nils von Hinten Reed was the expert for PGNiG.  The outcome is considered a substantial success by the client PGNiG.

CEG Represented Polish Utility PGE in a Successful Arbitration Against ALPIQ

Oct 24, 2012

The opposing party, the Swiss energy conglomerate-Alpiq Ltd, asserted a claim against Poland for over $200 million euros. CEG was retained as a rebuttal expert for the Government of Poland to provide an hour-by-hour analysis of the European electricity market and an opinion of damages. The tribunal found for Alpiq on liability, however awarded just $38 million euros in damages plus interest, a fraction of the damages claimed. The client considers this a substantial win.

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