Vis Consultants

News & Announcements

VIS is investing into research & development to gain better insights into how energy is consumed

VIS is participating, along with Public Power Corporation of Greece (PPC) and DRAXIS, in a consortium led by INTRACOM TELECOM, an Athens-based global telecommunication systems and solutions vendor, in the framework of a sophisticated research program aiming to apply statistical and machine learning techniques on large energy consumption datasets, collected and managed by an end-to-end IoT environment. This way, electricity suppliers will gain better insights into their customers’ energy consumption patterns and will be able to provide more detailed and accurate advice to their customers on how to reduce their energy consumption. This research project is Co‐financed by the European Regional Development Fund of the European Union and Greek national funds through the Operational Program Competitiveness, Entrepreneurship and Innovation, under the call RESEARCH– CREATE - INNOVATE (project code: Τ2ΕΔΚ-04565)

New 5-year project in Central Asia

VIS is happy to announce that as part of the Tetra Tech-led effort it will contribute to the newly-awarded, multi-year USAID Power Central Asia Program. The program covers a range of energy sector areas, from market liberalization reforms to planning and scaling up of renewable energy penetration in the region, to regional market development and capacity building. The program involves support to the five Central Asian countries - Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan - with the aim to promote energy sector modernization and regional cooperation as catalysts for growth.

Market Due Diligence for DEPA Commercial

VIS performs market due diligence of DEPA commercial (incumbent gas supplier of Greece), during the tender process launched by the Greek State on behalf of a private shortlisted investor.

Regulatory and Market Due Diligence for DEPA Infrastructure

Regulatory and Market Due Diligence for DEPA Infrastructure – VIS is part of an international team performing regulatory and market due diligence of DEPA Infrastructure (state-controlled gas distribution networks of Greece), during the tender process launched by the Greek State.

Development of a guide on regulatory treatment of depreciation accounting

VIS has been commissioned by NARUC (assignment funded by USAID) to develop a guide (primer) on the treatment of depreciation in the context of regulatory tariff setting. The primer will review and present different methods of estimating depreciation of utilities’ assets as well as of allocating, in a systematic and rational manner, the value of a depreciable asset over its life. The Primer will form the basis for a multiyear project by NARUC to create a tool kit designed for policymakers, regulators and utilities to encourage cost-based tariffs. In the framework of the assignment, VIS will conduct a Case Study of selected Sub-Saharan countries, on how alternative methodological approaches concerning regulatory treatment of depreciation can be evaluated and applied in practice, in a context that is relevant to the Primer’s primary beneficiaries.

Successful development and implementation of a long term NG demand forecasting tool for Georgia

VIS & E3 Modelling have successfully completed the development of a long term natural gas forecasting tool for Georgia. The forecasting tool has already been applied in the Georgian market. In December 2019 it was used by GNERC in the process of setting 3-year tariffs for gas distribution systems. The project was commissioned by NARUC and financed by USAID.

Study Completed – Technical expertise to assess the prospects of LNG markets in the Eastern Partner countries

VIS was commissioned by Stantec to support a study aiming to assess the potential of LNG in Eastern Parten countries (Azerbaijan, Armenia, Belarus, Georgia, Moldova, Ukraine). The study identified potentially viable options for LNG market development in each country (imports from EU, development of LNG terminals, development of small scale liquefication, virtual LNG pipelines), analyzed of each option’s competitiveness and economic performance (netback analysis – CBA), identified prerequisites and key success factors, and proposed policies and next actions to develop the options.

5th PCI Application Roadmap

“Building on our solid experience with PCI (Projects of Common Interest) application support to our clients, we have composed a small consolidated outline of the latest, updated process concerning the application to attain the PCI status. The outline describes the necessary steps and respective milestones of the process that project promoters should follow towards their inclusion in the 5th PCI list.” Maria Kaladami, VIS Consultant

Electricity DSOs and NRA monitoring: enhancing quality of service offering

VIS has been commissioned by the National Association of (US) Regulatory Utility Commissioners (NARUC) - assignment funded by USAID - to support their ongoing program of assistance to Europe & Eurasia (E&E) energy regulators (Albania, Armenia, Bosnia & Herzegovina, Georgia, Kosovo, Moldova, Montenegro, North Macedonia, Serbia, and Ukraine) in their mission of ensuring that the public is receiving reliable electric service at a reasonable price, and that  regulated distribution companies are receiving a reasonable rate of return on their prudently incurred investments in infrastructure.

Serbia emergency oil stocks – mission accomplished!

VIS along with its consortium partners (Ramboll and Asprofos) successfully completed a TA in Serbia where for the past 18 months supported the Serbian Administration towards compliance with EU Acquis in relation to the establishment and optimal management of an emergency stockholding system for reserves of oil and oil derivatives (Directive 2009/119/EC).