MacroConsulting
MacroConsulting is an economic consultancy specialized in sector studies, utilities regulation and competition and antitrust policies. For 25 years, MacroConsulting has provided its services to governments companies, regulators and multilateral agencies in Latin America, Asia, Africa and Europe. The company relies on a team of 10 economists and financial experts with expertise in regulatory and antitrust issues.
Water & Sanitation
Electricity
Gas & Petroleum
Transport
Information Systems
ASSESSMENT, DESIGN & DRAFT OF REGULATORY FRAMEWORKS
COST OF SERVICE / TARIFF STUDIES
ECONOMIC-FINANCIAL MODELLING
ASSESSMENT OF PUBLIC-PRIVATE PARTICIPATION AGREEMENTS
REGULATORY INFORMATION & BENCHMARKING SYSTEMS (DATA ENTRY / EXCHANGE / VALIDATION PLATFORMS)
Latest Projects
World Bank
Desktop review of Myanmar water, sanitation, and hygiene (WASH) services analysis
Egypt
MERS-IBNet Platform
World Bank
Technical assistance for the determination of transmission tariffs
Luxembourg
Cost of Service-Tariff structure/ Regulatory regime & Methodologies Study for Electricity Sector for Cape Verde
Niger
Electricity Tariff Review (2019-2021); Ex post review of 2017-2020 period performance and update of forecasts for 2021-2022 period
World Bank
Support to Ministry of Energy of Tunisia for the definition of prerogatives of electricity regulator and action plan for set up
World Bank
Technical Assistance (regulatory framework & tariffs) to Electricity & Heating regulator ERC of Mongolia
World Bank
Assessment of the Greenhouse Gas (GHG) emissions and potential for the GHG emission reduction in large utilities of developing countries (review of methodologies and tools; proposals)
World Bank
Assistance/Support to Ministries of Water/Sanitation for sector regulation and performance assessment; support to new leasing/affermage PPP schemes/contract design (Ivory Coast)
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TRES ARROYOS 1783, BUENOS AIRES CITY (1416) - ARGENTINA
44, RUE PAUL EMILE JANSON, BRUSSELS (1050) – BELGIUM
PLAZA CAGANCHA 1145, PISO 6, MONTEVIDEO (11100) - URUGUAY
for buisiness contact: rschlirf@macroconsulting.net
Latest Projects
Desktop review of Myanmar water, sanitation, and hygiene (WASH) services analysis
Assesses the state of access to water, sanitation, and hygiene (WASH) services in Myanmar based on the most recent data collected in 2022 at the country level and in 2022 as result of surveys conducted in IDP camps.
MERS-IBNet Platform
Development of System/Platform for registration-exhange-validation and reporting of water and sanitation data and indicators.
Technical assistance for the determination of transmission tariffs
Review and assessment of regulatory framework and required revenue calculation for the determination of transmission tariffs
Cost of Service-Tariff structure/ Regulatory regime & Methodologies Study for Electricity Sector for Cape Verde
Review/assessement of regulatory framework; proposals for adjustment to sector reform and unbundling; case studies of tariff structure and reforms; proposal of new tariff structure design; consultations with stakeholders
Electricity Tariff Review (2019-2021); Ex post review of 2017-2020 period performance and update of forecasts for 2021-2022 period
Electricity Tariff Review (2019-2021); Ex post review of 2017-2020 period performance and update of forecasts for 2021-2022 period.
Support to Ministry of Energy of Tunisia for the definition of prerogatives of electricity regulator and action plan for set up
Support to Ministry of Energy of Tunisia for the definition of prerogatives of electricity regulator and action plan for set up
Technical Assistance (regulatory framework & tariffs) to Electricity & Heating regulator ERC of Mongolia
Technical Assistance (regulatory framework & tariffs) to Electricity & Heating regulator ERC of Mongolia
Assessment of the Greenhouse Gas (GHG) emissions and potential for the GHG emission reduction in large utilities of developing countries (review of methodologies and tools; proposals)
Assessment of the Greenhouse Gas (GHG) emissions and potential for the GHG emission reduction in large utilities of developing countries (review of methodologies and tools; proposals)
Assistance/Support to Ministries of Water/Sanitation for sector regulation and performance assessment; support to new leasing/affermage PPP schemes/contract design (Ivory Coast)
Assistance/Support to Ministries of Water/Sanitation for sector regulation and performance assessment; support to new leasing/affermage PPP schemes/contract design (Ivory Coast)
Electricity Tariff Update; Tariff structure design simulations; Definition of new Connection Policy; Training for Jirama & Regulator ORE
Electricity Tariff Update; Tariff structure design simulations; Definition of new Connection Policy; Training for Jirama & Regulator ORE
Cost of Service-Tariff structure/ Regulatory regime & Methodologies Study for Electricity Sector in Senegal
Determination of Annual required revenus, tariff structure redesign; regulatory reform and Tariff plan
BINAS – National Database of drinking water and santitation
Comprehensive redesign of the SNIAPyS, integrating the new policies implemented by the National Directorate of Drinking Water and Sanitation regarding orientation towards rurality and access to safe water.
Electrical Cost of Service Proposal (COSS) and the Development of a Cost Reflective Electricity Pricing Model for Liberia Electricity Regulatory Commission (LERC) - Liberia
Revenue requirements determination, tariff structure, training
Regulatory support for electricity regulator in Grenada: regulatory regime/tariff methodologies
Review and assessment of regulatory framework (Acts and regulations) and tariff methodologies Advice on cost of capital and asset base issues Guidelines for conducting cost of service, load profiling and least cost expansion studies
Economic and financial model to assess the financial situation of the Argentine wholesale market administration company - CAMMESA
The main objective of these consultancy services was to build an economic-financial model of CAMMESA that allows the user to assess the impact of different aspects of the argentine particular situation (peso devaluation, breach of contracts, payment arrears by the distribution companies, etc).
Review of transmission and distribution management contracts (assessment of regulatory substance); Proposal/Design of IBT for residential electricity tariff (Tajikistan)
Review of transmission and distribution management contracts (assessment of regulatory substance); Proposal/Design of IBT for residential electricity tariff (Tajikistan)
WRIS - Automated Water Benchmarking Reports
Development of an automatic module for generating reports and dashboards for the Palestine water regulator. An automatic reporting module was developed for the system developed in 2017 in order to satisfy the new legislation regarding the use and dissemination of public information.
Data Collection of Water Utilities in Dominican Republic
Collection and Analysis of Performance Parameters of Water and Sanitation Providers in the Dominican Republic
Gasoducto Cruz del Sur tariff determination
Estimation of required revenues and alternative tariff structure for Gasoducto Cruz del Sur during the second review period
Assessment of Electricity and Heating Tariff regulatory framework, tariff structure and cross-subsidies in Mongolia
Electricity & Tariff framework Assessment
Tariff Study for the Electricity Sector, including financial modeling of operator (JIRAMA)
Determination of new tariff levels, structure and indexation mechanism for the national electricity tariffs, taking into account regulatory and social objectives.
Assistance to JPS in the first revenue cap revision process
Assistance to JPS in the first revenue cap revision process, covering economic, financial and regulatory support to JPS for the entire 2019 -2024 Rate Review Process
Power sector financial analysis (Armenia)
Power sector financial analysis (Armenia)
Update of Electricity & Water Tariff Study (multi-services operator)
Definition of cost-recovery tariff levels and structures for each activity in the electricity, water and sanitation sectors
Consulting services concerning financial and economic support for the 2019 -2024 rate review process
To support JPS – integrated electricity utility in Jamaica – with regulatory, financial and economic aspects of the revenue cap determination
Arbitration Case Conecta S.A.
Provision of economic support to the Government of Uruguay in arbitration case.
Montevideo Gas Litigation
Provision of economic support to the Government of Uruguay in arbitration case against Montevideo Gas.
Review of electricity transport tariffs for international transporters
To advise LITSA during the tariff review
Cost Benefit Analysis of electricity projects in Costa Rica (CR-X1014)
Economic-financial analysis of projects financed by credit line CLIPP - BID CR-X1014.
Desk Analysis of Subsidies within the Water and Sanitation Sector
To provide a comprehensive overview and analysis of the use of subsidies in the sector that will assist the project team in formulating innovative and novel approaches to better allocate and design subsidies, with an eye towards improving both the access to and quality of water and sanitation services, particularly for the poor.
Cost benefit analysis of transmission projects in Nicaragua
Cost benefit analysis of transmission projects: transmission line La Esperanza, Bluefields new sub-station and La Esperanza sub-station upgrade
Development of regulatory accounting in all companies in water and sanitation sector in Brazil, within a broader framework of assistance to the sector through the "Interáguas" sector development program.
Development of regulatory accounting in all companies in water and sanitation sector, within a broader framework of assistance to the sector through the "Interáguas" sector development program. Development of a regulatory manual and plan of accounts and the establishment of rules and criteria for structuring the accounting system and the chart of accounts, as well as information, audit and certification mechanisms.
LEC Electricity Tariff Study - Liberia
Tariff study
Consultancy for Productivity Improvement Study
Advise on a Productivity Improvement Methodology and Determine Appropriate Productivity Improvement Targets
WRIS - Development of an operational data upload platform for Water and Sanitation companies in Palestine
Design and development of a platform that makes it possible to share operational data from water companies with the regulator and international organizations.
Tariff structure/Cost of service Study for the National Electricity Operator NIGELEC
Determination of new tariff levels, structure and indexation mechanism for the national electricity tariffs, taking into account regulatory and social objectives; Financial modeling; Training; Workshops
Cost Benefit analysis of energy sector proyects in Costa Rica (2747/OC-CR)
Economic-financial analysis of electricity projects in Costa Rica (2747/OC-CR).
International benchmarking of industrial customers' energy tariffs
To provide support to AGUEERA in undertaking an international benchmarking of electricity and gas tariffs for industrial customers.
Transmission Tariffs review
Transport tariff revision
Transmission Tariffs Review
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Transmission Tariffs Review
Transmission Tariffs Review
Transmission Tariffs Review
Transmission Tariffs Review
Transmission Tariffs Review
Transmission Tariffs Review
Transmission Tariffs Review
Transmission Tariffs Review
Power sector reform
Analysis and advice on the reform of the electricity sector in the context of system’s regional integration.
Rethinking Power Sector Reform
To examine the extent to which countries have succeeded in creating effective regulatory mechanisms, through the analysis of case studies on international experience in the regulation of the electricity sector.
Operational assistance and various developments for IBNET
Design and implement new benchmarking and reporting mechanisms in IBNET (http://database.ib-net.org) mainly analyzing user query patterns.
Design, Development and Implementation of Danubis Data Collection and Management Platform
Design, development and implementation of a data collection plataform for the water and wastewater regulators, associations and utilities involved in the Danube Water Program
Electricity Distribution Price Controls Support
Assist the Regulatory Agency in the setting of the new RPI-X type price control for different distribution and supply companies both in the interconnected system and in rural areas.
Development and implementation of a comprehensive regulatory information management system for the ARE
To develop and implement a comprehensive Regulatory Information Management System for the ARE which provides secure, organization-wide, managed access to key utility data in an easily accessible and readily understandable format.
Assistance/Support to the new water and electricity regulatory agency (AREEM)
Regulatory agency business planning, design of regulatory procedures; tariff methodologies; design of regulatory information system; training on main regulatory issues; capacity building plan; definition of action plan
Cost Benefit analysis of prioritized National Transmission System projects in Nicaragua (NI-L1094)
Economic-financial analysis of projects in the National Transmission System of Nicaragua (NI-L1094).
Expert witness in the litigation process between JHP vs Kohp partners
Assessment of the economic and financial aspects of the petroleum market to the legal team of JHP International Petroleum Engineering (JHP) for the determination of possible damages in the arbitration against Kohp Partners LLC (KP)
Tariff Study for the Electricity sector including financial modeling of EDM (national operator)
Determination of new tariff levels and structure for the water and electricity tariffs, taking into account regulatory and social objectives.
Tariff structure review
Tariff structure review
Cost Benefit Analysis of transmission projects in Nicaragua, Op. NI-L1091, IADB.
Economic-financial analysis of projects in the Expansion and Strengthening of Nicaragua's Electricity Transmission System program (NI-L1091).
Cost Benefit Analysis of electricity projects in Costa Rica.
Economic-financial analysis of projects in the First Renewable Energy, Transmission and Distribution of Electricity Program (CR-L1070)
Design and implementation of IBNET TARIFF DATABASE, web pages and mechanisms
Design and implementation of IBNET TARIFF DATABASE, web pages and mechanisms
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Ex-post economic and financial analysis of the Rural and Marginal-Urban Electrification Fund (FERUM) projects in Ecuador.
Ex-post economic and financial analysis of Rural and Marginal-Urban Electrification projects in Ecuador (FERUM), financed by the Inter American Development Bank, using Cost Benefit Analysis.
Energy and Extractives Global Practice (GEEDR)
Providing timely support to the Government of Chile to prepare the TOR to perform a study on the Chilean gas market that reflect client’s needs and international best practices in optimizing the market performance and removing market inefficiencies
Tariff Study for the National Electricity Operator including financial modeling of national operator Senelec
Determination of new tariff levels, structure and indexation mechanism for the national electricity tariffs, taking into account regulatory and social objectives.
Elaboration of Directives on Regulatory Accounting of Electricity, Drinking Water and Gas Public Utilities.
Develop regulatory accounting guidelines (RAGs) for the water, electricity and gas sectors: principles of accounting; principles of exchange and validation of information; definition of periodicities, format and content; preparation of excel templates; training.
Aggreko contracts renegotiation in Argentina
Assistance to Aggreko in the renegotiation of all their contracts with the Argentine Government (more than 300 MW).
Tariff Study for the Electricity Sector including sector financial modeling (generators, ONE and 13 distribution operators)
Determination of new tariff levels, structure and indexation mechanism for the national electricity tariffs, taking into account regulatory and social objectives.
Development of tariff regulation guidelines and tariff model
Develop a tariff regulation and its regulatory and tariff models for tariff rates applicable to the provision of water and sanitation services in Cape Verde.
Redesign of the database and development of tools for the International Benchmarking Network of Water and Sanitation Utilities
To develop a user friendly analysis and benchmarking tool for different types of audiences, including utility managers, policy/decision makers, regulators, planning officers and other professionals/experts. Website: http://database.ib-net.org
Advice on the change of regulation methodology for the of Jorge Chavez Airport
Evaluation of the impact of methodology change, moving from an approach based on total factor productivity towards a Building Blocks.
Provision of support to MIEM during the renegotiation of the concession contract between Uruguay and the distribution company "Distribuidora de Gas Montevideo S.A. (DGM)"
Support in the discussions of the different topics to be addressed with the DGM company, referring to tariff aspects and future contractual obligations.
Assistance to the Department of Transport with the establishment of a Single Transport Economic Regulator
To advice the Department of Transport on the establishment of a Single Transport Economic Regulator in South Africa.
Tariff Regulation Drafting for the Water Sector In Cape Verde
To develop a tariff regulation and to implement it through the preparation of a regulatory model of tariffs. Recommendation of strategies for implementing the proposed tariff regulation.
Development of reform options/regulatory regime Review of market structure, policy, regulatory and institutional framework.
Development of reform options/regulatory regime. Review of market structure, policy, regulatory and institutional framework. Reorganization of the sector. Tariff setting options. Generation pricing policy
Expert Witness: Damage valuation of a Gas Transport company (TGM) and Electricity generation company (AES Uruguayana).
Damage valuation related to contract termination of a gas transport company (TGS) and a generation company in Brazil (AES Uruguayana)
Indexation formula, update and training on the economic and financial model.
Conceptual elaboration and practical application of the indexing formula and updating of the economic-financial model.
Support to Telefónica de Colombia regarding economic and regulatory aspects of spectrum valuation.
Support to Telefónica on economic and regulatory aspects of spectrum valuation in order to identify international best practices and their applicability and suitability for the Colombian case.
Economic-financial model update and training.
Economic-financial model update for its use in the simulation of a new tariff structure for the electricity, water and sewerage sectors.
LAP Cost of capital estimation during the tariff review process
Identification and valuation of Transnet’s initial regulatory asset base (RAB)
Development of a set of basic guidelines for the identification and valuation of Transnet’s initial regulatory asset base (RAB).
Assistance to the Ports Regulator on the proposed tariff methodology and tariff strategy process
To provide of technical support to the Ports Regulator on the economic, financial and regulatory aspects of the review of the Tariff Methodology for the Setting of Tariffs and the Tariff Strategy.
Support to Telefónica de Perú regarding sectorial economic and regulatory aspects.
To provide support to Telefónica in the economic and regulatory aspects of spectrum valuation and in the implementation of a regulatory accounting system.
Cost of Capital of Lima Airport
Estimation of the cost of capital for Lima Airport
Water and Electricity Tariff Study
Definition of cost-recovery tariff levels and structures for each activity in the electricity, water and sanitation sectors, as well as appropriate indexation and cost-adjustment mechanisms and related tools to allow transparent future adjustments.
Analysis of Economic, Technological and Regulatory Measures for Climate Change Mitigation and Adaptation: Water and Sanitation
To analyze the environmental impact of economic, technologic and regulatory measures in urban infrastructure regarding climate change mitigation and adaptation (in the water and sanitation sector), that exist at metropolitan level in Latin America, focused on GHG emissions and energy efficency.
Water and Electricity Tariff Study
Diagnostic of existing tariff system. Proposal of a new one. Elaboration of an economic-financial model (tool).
Technical assistance to ARSESP (Regulatory Body of Energy and Water of the State of São Paulo) related to the design and implementation of the tariffs regulatory framework of the water and sewerage sector.
Design of the water and sewerage regulatory framework for the tariff review process, to be applied to the state of Sao Paulo and 244 municipalities.
Building blocks vs TFP tariff setting
Critical assessment of the airport tariff setting scheme applied to the Lima airport.
Economic, financial and regulatory support during concession contracts renegotiation.
To recalculate the components of the company's gas distribution value added (VADEG) considering the demand projection scenarios provided by DNE (energy secretariat)
Expert advice for the planning of the regulatory regime for the “Aconcagua Bi-Oceanic Corridor”
Advise “Corporacion America” on the regulatory aspects in order to define the business model of the “Aconcagua Bioceanic Corridor” Project (which involved the construction -and future operation- of a 52km rail linking Chile and Argentina through. Three aspects were profoundly analyzed: 1) the bidding mechanism; 2) the regulatory scheme; and 3) third party access to infrastructure.
Tariff Study for the Electricity Sector including sector financial modeling including sector modeling of asset holding company and electricity distributor
Determination of new tariff levels, structure and indexation mechanism for the national electricity tariffs, taking into account regulatory and social objectives.
Technical assistance to ENRE (Public Services Regulator of Catamarca, Argentina) in the tariff review process of water services.
To determine new tariff levels and structure for the water tariffs, taking into account regulatory and social objectives.
Economic-financial modelling related to the restructure of the water and electricity sectors in Mali (Affermage contracts)
Economic-financial modelling of the new water and electricity sectors' structure (Affermage).
Electricity Tariff Study
To analyze the regulatory framework and the electricity market; to perform a diagnostic of the existing tariff system and proposal of a new one. To design and develop an economic-financial tariff determination and simulation model.
Water and Electricity Tariff Study
Diagnostic of existing tariff system. Demand and cost study. Proposal of a new one (tariff level, structure and indexation mechanism). Elaboration of an economic-financial tariff determination & simulation model (tool). Training.
Updating of the study of the gas distribution value added of CONECTA S.A. and construction of an optimal distribution network development model.
Recalculation of distribution value added components, considering different demand scenarios.
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Inter-American Development Bank Study on regional financial instruments
Survey and analysis of the European Union’s policy of Trans-European Projects in the sectors of Transport (TEN-T), Energy and Water Resources.
Cost of Capital estimation for EJE (Distribution Company in Argentina)
Review of market structure, policy, regulatory and institutional framework Cost of Capital methodologies
Estimating the Cost of Unserved Energy in Sao Tome e Principe
The objective of the study was to estimate the cost of unserved energy for Sao Tome e Principe and the impact that lack of energy has on the economy and well being of the population.
Cost of Capital estimation for EDET (Distribution Company in Argentina)
Review of market structure, policy, regulatory and institutional framework Cost of Capital methodologies.
Weekly Report
Development of a weekly report on the natural gas market in South America.
Electricity sector tariff study
Determination of new tariff levels, structure and indexation mechanism for the national electricity tariffs, taking into account regulatory and social objectives.
Expert Advice for the litigation between CMS Energy Corporation and Lloyd's Underwriters
Expert advise in the international litigation “CMS Energy Corporation vs ACE Capital Ltd and others” to Lloyd’s Underwriters and Clyde & Co. (legal advisors).
Tariff Review
Advice on the economic, regulatory and financial aspects of the process of determination of the firm's revenue (Electricity Transportation Sector).
Development of a monitoring and tariff setting tool for the public and private water, sanitation and electricity utilities in Morocco.
Development of an Economic – Financial Model and a Tariff Simulation Model for 12 public utilities and 4 private utilities (water, sanitation, electricity).
Consultancy in economics of tourism.
Advisory on tourism statistics and tourism economics, design of visual communication products and development of internal processes to the Tourism Secretariat.
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Expert witness in water regulation and finance, case “Empresa de Agua y Alcantarillado de Bogotá (EAAB) vs. Tibitoc”
Preparation of a report based on the response of 352 questions raised by the parties on regulatory and financial issues of the contract between EAAB and Tibitoc.
Expert witness in Economics and Electric regulation on Edersa distributor's First Tariff Review.
Delivery of an expert witness report analyzing the local electricity distribution company (EdERSA) regulatory regime. The report was written considering ten questions sent by the Cámara de Apelaciones Civil, Comercial y de Minería (Appeal Chamber) of the IV Judicial Cirscumcription of the Province of Rio Negro (Cipolletti city).
Elaboration of Directives on Regulatory Accounting of Electricity and Drinking Water Public Utilities.
Develop regulatory accounting guidelines (RAGs) for the water and electricity sectors: principles of accounting; principles of exchange and validation of information; definition of periodicities, format and content; preparation of excel templates; training. Adaptation of Guidelines to affermage contracts and structuring.
Institutional Development of electricity regulatory commission; assistance to reforms program
Assistance to reforms program and institutional development of electricity regulatory commission in Madhya Pradesh
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Implementation of a regulatory accounting system in EDESUR DOMINICANA S.A.
Development of the accounting framework for the application of regulatory accounting compatible with the existing accounting conventions, and conceptual design of a regulatory information system.
Competition in the telecoms sector: Theoretical definition of competition and a practical application.
Report studying the different ways to analyze, compute and define competition in the telecoms sector.
Regulatory Analysis of alternatives in the electric generation market.
Simulation of different alternatives of biomass generation in various forms falling under the regulations for a period of ten years.
Expert advice for the litigation between Electroandina - Edelnor (Chile) vs. YPF SA, Mobil Arg. SA, CGC SA y Tecpetrol SA (Argentina)
Elaboration of an expert report for the plaintiff to be presented at the trial (ICC).
Tariff Study for the Electricity and Water Sectors
Analysis of Regulatory framework. Demand and cost study. Diagnostic of current tariff system & design of a new one (tariff level, structure and indexation mechanism). Design of an economic and financial tariff determination & simulation model.
Seminar on Gas sector regulation
Seminar on the normative and regulatory aspects of the natural gas sector, up-stream, down-stream and their relationship with electricity generation.
Consultancy to design a module on construction & operation of PPPs and a module on contracts under stress for the Evaluation Toolkit on Good Governance Practices in PPPs
Design of a Module on Construction & Operation of PPPs and a Module on Contracts Under Stress. The Evaluation Toolkit on Good Governance Practices in PPPs focuses on the conversion of best practices to evaluate performance criteria for each stage of public-private contracting of infrastructure as those activities relate to good governance for PPPs.
Advice to Albanesi (gas transport company) regarding the regulatory, economic and financial aspects of a gas network expansion
To advise on the regulatory, economic, and financial impacts of the gas pipeline trunk network expansion.
Global assistance to the "Service Permanent de Contrôle" (local regulatory service) in the tariff renegotiation process with LYDEC (water and electricity distribution company)
Analysis of flaws of existing contract (tariff determination and indexation formula, regulation of investments, calculation of the cost of the capital, incentive mechanisms). Development of alternative proposals of regulatory mechanisms. Assistance to renegotiation.
Consultancy in gas provision
Giving technical and regulatory assistance so that the firm could choose the proper gas supply service.
Regulatory Advisory services in the electricity and water sectors
To provide technical assistance to ARE in the preparation of the tariff adjustment formulae for the electricity and water tariffs that will be applied until 2009.
Advice on regulatory issues regarding the Process of Tariff Review
Advice to Edenor regarding the Regulatory, Economic and Financial aspects of the Tariff Review.
Market Analysis
Providing information that was to be used in determining wether or not the corporation should make a contract to buy alternative fuels instead of gas.
Expert Advise for the litigation between Endesa-Taltal (Chile, claimant) and YPF SA (Argentina, defendant)
Elaboration of an expert report for the plaintiff to be presented at the trial (ICC).
Tourism Industry Price Monitoring.
The purpose of this survey is to assess the price evolution to which both domestic and incoming tourists are exposed in Argentina, and to reflect such price evolution in the tourism industry with the highest possible accuracy, providing a detailed explanation of the course the various items composing the CPI-GBA (Consumer Price Index for Greater Buenos Aires) have followed.
Assessment Reports for the Argentine Government in the ICSID arbitration between El Paso Energy International Company and the Argentine Republic
The assessment consisted in elaborating two reports annexed to the Answers and Reply Memorial (presented by the Office of the Treasury Attorney General for the ICSID arbitration).
Report on regulatory requirements under different contracts forms
To present and summarize regulatory requirements under different contract types (concession, lease, affermage and management contracts). Conceptual analysis using five case studies with a focus on the water and electricity sectors (Senegal, Niger, Mali, Argentina, Peru).
Reference manual on regulatory accounting for the water and electricity sectors
Prepare a book introducing the concept of regulatory accounting and information exchange mechanims for the water and electricity sectors. Book published in 2008 by The World Bank (“Accounting for Infrastructure regulation: an introduction”). Authors: Richard Schlirf Rapti (MacroConsulting), Martin Rodriguez Pardina (MacroConsulting) and Eric Groom (The World Bank).
Development of Standard accounting plan and conceptual design of the information system for ANTT
Development of standard accounting plan and conceptual design of the information system for ANTT.
Study on Broadband Access in the Dominican Republic
To determine the reasons that result in a low level of penetration regarding the use of the Internet in the Dominican Republic, particularly the use of broadband technology.
Expert advice for the litigation between AES (Chile) vs. Consorcio Sierra Chata (Argentina)
Elaboration of an expert report for the plaintiff to be presented at the trial (ICC).
Economic and financial advisory services to SUNASS for the definition of a tariff structure to be applied to SEDAPAL S.A.
Economic, financial and technical advisory services to SUNASS for the definition of a tariff formula and structure and management goals, to be applied to SEDAPAL S.A.
Updating of a Revenue Simulation Model
To develop a simulation model embedded in an OLAP structure based in invoicing information of year 2005 enabling analysts to run complex billing scenarios with excellent performance.
Analysis of investments and their financing sources in the Argentine infrastructure sector
Analysis of past investments and its financings sources in the Argentine infrastructure sector. Evaluation of future investment sources and modes of financing and forecast for the period 2006-2010. The report considered the analysis of regulated segments of the electricity sector(distribution and transmission) and gas sector (distribution and transport), as well as competitive the competitive segments (exploration, development and exploitation of gas, electricity generation) for the private and public companies at the national and provincial level.
Assessment of the accounting manuals and regulatory accounting reports presented by Telefonica de Peru S.A.
To develop a Regulatory accounting manual for Telefonica de Peru, based on the existing Regulatory accounting manual used in the sector.
Collection and Analysis of Utility Performance Benchmarks for Argentina
Gather data for a set of 19-24 electricity distribution utilities and water distribution utilities in Argentine following the template provided by the World Bank (for the 1992-2004 period).
Tariff indexation methodology for the electricity and water sectors in Cape Verde
To provide technical assistance to ARE in the preparation of the tariff adjustment formulae for the electricity and water tariffs including the preparation of drafts of the necessary rules.
Preparation of documents for the Argentine Government concerning the ICSID litigation between Camuzzi Internacional and the Argentine Republic.
To write, from an economic point of view, an expert witness report analyzing the electricity regulatory regime in Argentina and the policies taken by the local Government since 2002.
Preparation of documents for the Argentinean Government concerning the ICSID litigation between AES and the Argentine Government.
To write, from an economic point of view, an expert witness report analyzing the electricity regulatory regime in Argentina and the policies taken by the local Government since 2002.
Strategic advice for the Implementation and Start Up of a Multisectoral Regulatory Agency
Creation, Implementation and Start up of the Multisectoral Agency for Public Services Regulation of Guinea-Bissau.
Design, development, implementation and maintenance of a WEB Portal supported by an information Data Mart and OLAP cubes for the Business Planning Department.
The purpose of this project was to design, develop and implement a relational database merging data from various sources into a Data Mart for the Company’s Business Planning Department. The relational database was intended to support an OLAP tool that will allow generating performance reports of advertisement sales executives and viewing invoicing and publication data, as well as the competitors’ publication data. In addition, all tools have been integrated into a WEB portal for easing searches and automatic reports generation.
Report on Private Participation in Investment (PPI) - Regulatory Accounting and Course for Regulators
Develop a an introduction manual to the main concepts and notions of regulatory accounting, and review of those issues to be considered in the development of regulatory accounting guidelines (capital, operating and maintenance costs, efficiency, cost of capital, etc.).
Definition of the Tariff Regime applicable to the Concession of Sanitation Services in the provinces of Tumbes, Contralmirante Villar and Zarumilla
Economic and financial advisory services to SUNASS for the design of a tariff regime to be applied to the concession of sanitation services in the provinces of Tumbes, Contralmirante Villar and Zarumilla.
Delivery of a Course on " Airport Regulation: Tariff Review, Financial Modeling and Regulatory Accounting " for Regulators
Workshop focused on the use of financial and economic models for regulatory purposes.
Report on “The Privatization of the water and electricity Production, Transport and Water Distribution Services in Mali”
Description of the privatization and tariff negotiation process in Mali between the State and the Operator (EDM S.A).
Delivery of a Course on "financial and economic models and their use in infrastructure regulation" for students attending an Osinerg Seminar
Workshop focused on the use of financial and economic models for regulatory purposes.
Economic, Financial and Regulatory Advising Services for the Tariff Review Process
Economic, financial and regulatory advising services for Energía San Juan’s tariff review during the second tariff review process. Preparation of a tool allowing analysis of the firm’s performance during the period under review.
Privatization and Regulatory Capacity Building Project
Advisory services to the multi-sector regulatory agency (ARE), providing skilled technical assistance to implement detailed energy and water regulation and training.
Introduction to Infrastructure Reform and Regulation for Senior Policymakers, Journalists and Consumer Associations
Development of training materials on utility regulation and finance for senior policy makers, journalists and advocacy groups.
Support Government of Mali in the renegotiation of the concession contract with national operator
Global assistance to Help the Government in the negotiations with international donors and the strategic private partners (Saur and IPS).
Merging of Telefónica and BellSouth
Advisory services to Telefónica de España on regulatory and competition policy issues related to the acquisition of Bellsouth by Telefónica.
Analysis and proposal of the Water and Sewage regulation model in Peru
To adapt the regulatory model to the conditions and characteristics of the Peruvian water and sewage sectors.
Advice about the telecommunications regulatory framework
Review of the institutional organization of the telecommunications regulators in order to detect superposition of functions and competences.
Development of a Revenue Simulation Model based in invoicing information of the year 2002
To develop a simulation model embedded in an OLAP structure based in invoicing information of year 2002 enabling analysts to run complex billing scenarios with excellent performance.
Periodic Tariff Review
To provide technical support services for the tariff review of 64 (sixty-four) electric power distribution concessionaires that was carried out by ANEEL in the period 2003-2005.
Delivery of a Course on "introduction to regulatory accounting and the use of economic-financial models in transport infrastructure" for ANTT experts in the transport sector
The workshop was divided in two main modules, the first one oriented to the introduction of regulatory accounting and the second one focused on the use of financial and economic models for regulatory purposes. The course was designed for medium/high technical staff of ANTT.
Data validation and indexation formula proposal
Methodological proposal of an indexation formula as an alternative to the one stated in the concession contract of EDM. Validation and updating of the financial economic model for regulatory purposes.
Advice on the Telecom International Segment
Analysis of the Telecom International Segment.
Cerri Plant as an essential Facility
Analysis of Economic, Legal and Regulatory fundamentals for the consideration of a gas separation plant as an essential facility. Delivery of a proposal with regulatory guidelines for the operation of a gas separation plant under an Open access regime. Economic, legal and regulatory advisory services to PBB Polisur (Petrochemicals) in relation to the presentations to sector and regulatory authorities.
Preparation of an Economic and Financial Model for electricity and water services in Mali (EDM)
Development of an Economic and Financial Model for the electricity and water services national utility (EDM) as well as the provision of a framework for the common and transparent discussion between Regulator and Operator -particularly in the context of tariff reviews agreed by contract.
Development of e software to automatically upload an invoicing DataMart
To provide Metrogas with a simple and friendly tool to regularly upload their Invoicing DataMart.
Advice to Energía San Juan regarding the Regulatory, Economic and Financial aspects of the Process of Tariff Adjustment and Concession Contract Renegotiation
-To support Energía de San Juan S.A in the process of Tariff Adjustment. -To quantify the potential amount of compensations due to breach of contract and regulatory changes. -To assist Energía de San Juan S.A regarding all the economic, financial and regulatory aspects of its relation with the EPRE (Regulatory Agency) as well as the National Authorities and International Organizations.
Delivery of a Course on "financial and economic models and their use in infrastructure regulation" for Regulators of South America
Workshop focused on the use of financial and economic models for regulatory purposes. The course was designed for medium and top technical staff from Regulatory Agencies in South America.
Provision of advisory services on the different alternatives of post-devaluation business development
Preparation of a report analyzing the legal, regulatory and defense-of-the-competition principles of business development after devaluation.
Delivery of a Course on "financial and economic models and their use in infrastructure regulation" for World Bank experts in water and sanitation sector
Workshop focused on the use of financial and economic models for regulatory purposes. The course was designed for medium technical staff of the World Bank.
Delivery of a Course on "financial and economic models and their use in infrastructure regulation" and on “regulatory accounting” for Regulators of French-speaking Africa (Dakar, Senegal)
Workshop focused on the use of financial and economic models for regulatory purposes and on the organization of regulatory information and tools. The course was designed for medium and top technical staff from Regulatory Agencies in French-speaking Africa.
The Argentinean Natural Gas Market: Diagnostics and Perspectives
Provide information to the Commission on natural gas production in Argentina.
Delivery of a Course on "financial and economic models and their use in infrastructure regulation" for ANEEL experts in the electricity sector
Workshop focused on the use of financial and economic models for regulatory purposes. The course was designed for medium/high technical staff of ANEEL.
Support to Energía San Juan in the Tariff Review and Adjustment Process and its Concession Agreement
Conceptual analysis and data and model preparation that was carried out by Energía San Juan S.A. for the Process of Tariff Restructuring. Preparation of a tool allowing the contribution of relevant judgment regarding the operation of the company during the emergency period. Preparation of specific proposals in relation to “socially accepted tariff increases” while enabling the operation of the company.
Financial Modeling of Regulatory Policy: Introduction to Theory and Practice
Preparation of two economic and financial models of Electricity and Water & Sanitation Distribution for teaching purposes for the regulatory analysis of Electricity and Water sectors.
Development of economic and financial models for pedagogical purposes.
Development of two economic and financial models regarding distribution of electricity, water and sewerage. The models are for pedagogical use in regulatory analysis of these sectors.
Methodology for demand analysis
Cluster analysis for identification of telephone exchanges and practical implementation of different methodologies for the estimation of basic telephone service access demand.
Methodology for an extraordinary review of electric power distribution tariffs in Bolivia
Development of a rule for the determination of ranks of variations of electricity sales in the case of an extraordinary review of electricity distribution base tariffs.
Development of a Revenue Simulation Model
To develop a simulation model embedded in an OLAP structure enabling analysts to run complex billing scenarios with excellent performance.
Preparation of a Census DataMart with data from 1991 National Population Census
To provide INDEC staff with an effective tool to access the census data in an easy, flexible and quick manner.
EDELAP’s Tariff Review
To provide ENRE with comprehensive advisory services during the electric power distribution tariff review of Edelap. This project was developed by a Joint Venture among Macroenergía S.A., Fundación de la Universidad Nacional de San Juan (FUUNSAJ) and Electrosistemas S.A.S. Macroenergía was in charge of dealing with all the economic aspects.
Preparation of a DataMart for Invoicing
To provide Metrogas staff with a tool to easily and quickly access historical billing data for analytical purposes.
Natural Gas Tariff Review
To provide advisory services for the five-year review of natural gas tariffs for the period 2003 - 2007.
Development of an Economic and Financial Model for regulatory analysis
Development of an economic-financial model for regulatory analysis of the water concession in the Province of Buenos Aires.
Preparation of a DataMart for Invoicing for EDELAP
To provide ENRE with an efficient tool to analyze the data presented by EDELAP for the tariff review.
Privatization of EPEC
To provide advisory services to the World Bank mission regarding institutional and economic issues for the privatization of EPEC (Provincial Energy Company of Córdoba).
Economic-financial and regulatory advice during the tariff review process
Critical analysis of the proposal presented by the Regulator. Economic-financial and regulatory advice in the tariff review process of Energía San Juan S.A.
Cost of Capital of natural gas distribution industry
Determination of the cost of capital for the natural gas industry.
Cost of capital of the natural gas distribution industry
To determine the capital cost for the natural gas industry.
Tariff Review
Global assistance to tariff review
Assistance regarding the modeling of revenue from the sewerage services in the city of Córdoba
To assist in the modeling of revenue from sewerage services in the city of Córdoba.
Assistance in modeling Aguas Cordobesas’ revenue
To assist in the modeling of Aguas Cordobesas’ revenue during the tariff review process.
Electricity Distribution Tariff Review
To provide Cooperativa Eléctrica de Concordia (Province of Entre Rios) with the necessary financial and economic advisory services during the process of electricity distribution tariff review.
Consulting Services for Institutional Development of Transmission Company
The objective of the consultancy was to assist the RVPN (Rajasthan Rajya Vidyut Prasaran Nigam Limited) in institutional development including organizational structure to suit new tasks assigned to the Corporation under regulatory regime and equip the organization with a modern Management Information System, operation of power system adopting latest practices and evolve a cost-effective power procurement policy as per long term requirement.
Tariff Review
To provide Transnoa S.A. with financial and economic advisory services during the five-year tariff review process.
Coefficient E updating
To analyze the impact on the delay in the coefficient E updating over Aguas Cordobesas' revenue and return.
Cost of Capital for Aguas Argentinas
Analysis of the methodology for the determination of the cost of capital proposed by SRNyDS (Secretariat of Natural Resources) and estimation of the parameters involved.
Tariff review
To provide Transpa S.A. with financial and economic advisory services during the five-year tariff review process.
Calculation of long-term Marginal Cost
To analyze the value of the Long-term Incremental Cost for the provision of the drinking water distribution service in the City of Córdoba.
Calculation of the Cost of Capital
To calculate the value of the Cost of Capital of Aguas Cordobesas.
Analysis of inconsistencies in the billing database
To analyze data inconsistencies and mistakes in the database received.
Five-year Tariff Review
To assist Transener S.A. with the economic and financial issues during the tariff review process.
Valuation of a prospective share participation in EDELAP (electric power distribution company of La Plata city in the Province of Buenos Aires)
To forecast electricity demand in the EDELAP S.A. concession area.
Valuation of a prospective share participation in EMSE (electric power distribution company of the Province of Mendoza)
To forecast the electricity demand in the Province of Mendoza.
Natural gas price forecasts in Bolivia
To provide advisory services regarding evolution and perspectives of natural gas in Bolivia.
Natural gas distribution tariffs for the Ninth Region- Argentina
To provide advisory services and carry out an integral analysis of the tariff charts of Gas Mesopotámica, concessionaire of the Ninth Region.
Privatization of the Bolivian natural gas distribution line networks
To draft all the privatization documents including the Regulatory Framework, Competitive Bidding Specifications, Definition of Economic Units, and final Tariff Chart.
Determination of natural gas distribution tariffs in Bolivia
To establish a tariff methodology, quality indicators and regulatory accounting manuals.
Description and diagnosis of the deregulation and privatization processes of the hydrocarbon sector in Argentina
Identification of achievements and failures of the deregulation and privatization processes of the hydrocarbon sector in Argentina.
Privatization of ESEBA
To provide strategic advisory services regarding the options for the privatization of ESEBA.
Preparation of a model for the analysis of gas purchases and sales
Preparation of a Strategic and Commercial Management Model that included the simulation of different forms of contracts, penalties, demand estimation, and analysis of gas reserves, among others.