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ACER Recommendation On Risk Evaluation And Incentives For PCIs

Date 01/07/2014

ACER has just published a Recommendation on incentives for projects of common interest and on a common methodology for risk evaluation.

ACER assessed national practices regarding risk evaluation and recommended a 7-step common risk evaluation methodology, which should consider the distinctive features of and the measures taken in the different national regulatory systems. The purpose is to assess up to which extent the risk for the project promoters is higher than the risk of a comparable project.

Furthermore, ACER assessed national practices regarding risk mitigation regulatory measures and monetary reward or penalty schemes. In its recommendation, ACER took the view that NRAs should be free to decide on their combination, while consistency between the national regulatory frameworks may be important for cross-border PCIs. It also considered that the existing national frameworks already offer a wide span of regulatory measures that protect project promoters from many risks. More details here.