CEER publishes NRAs' 2018 "Roadmap" methodology self-assessments of retail energy markets
Yesterday, CEER published NRAs’ assessments of their retail energy markets in its 2018 Self-Assessment Status Report. This status report uses the framework developed by CEER in its Roadmap to 2025 Well-Functioning Retail Energy Markets. This Roadmap takes 25 metrics developed in CEER’s 2017 Handbook for National Energy Regulators and creates a process of performing a self-assessment so that, using these metrics, national regulatory authorities (NRAs) can assess the health of their own retail energy markets and identify gaps between the current state of the market and where they want to be. By identifying these gaps, NRAs can target improvements and seek ways to achieve those improvements.
This status report summarises the results of the first round of self-assessment performed in 2018 by NRAs and shows the state-of-play in the work towards well-functioning retail energy markets. This status report also identifies the varying completion levels and speeds of the self-assessment by NRAs. This is not a benchmarking report, but rather, a structure for each NRA to make progress on its own goals.
In 2018, 24 NRAs have used the Handbook to self-assess their national markets with the ultimate goal of fostering a competitive, reliable and innovative markets that benefit customers in each country by 2025. The report also contains 14 pilots that show in a detailed way how individual NRAs are using the metrics to better understand and improve their retail energy markets.
CEER will report on successive NRAs’ self-assessments that are planned to take place annually through 2025.