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ProjectOverview


Current Public Projects

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ProjectOverview


Current Public Projects

While a large proportion of our work is private and of a commercial nature, VaasaETT conducts public work for the benefit of the whole industry. Some of our public projects are summarised below. For more information please contact us, we are happy to tell you more about our offerings. To view a more complete list of our past projects and other case studies, see References page.

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E-SSET tool


E-SSET tool


VaasaETT and Joule Assets Europe to collaborate!

Press release (6 June 2016)

Project site www.e-sset.com

General Market Monitoring


General Market Monitoring

General Market Monitoring


General Market Monitoring

GENERAL MARKET MONITORING

VaasaETT conducts a wide variety of market monitoring research and has done so for many years. Some of this information is made available to the public. From prices and savings to churn, margins, the number of players and market shares, regulations and barriers to entry, smart (e.g. energy efficiency, demand response, smart home, smart grid) programmes and offerings, new business models, customer engagement approaches,  to name but a few. In fact VaasaETT collects information on hundreds of data sets, programmes, offerings and cases from liberalised (especially) and other electricity and markets around the world. 

Furthermore many of the data sets are collected every month, quarter or annually, it is kept highly up to date and a significant proportion of it has been collected regularly for many years, in some cases since those markets opened (for instance we have collected quarterly residential switch/churn rates in all liberalised markets since each market fully liberalised; and we have collected monthly price data from most European markets since 2009 or even since the time of market liberalisation).

VaasaETT's market monitoring reach is not only among the best in the industry, but for a lot of data sets, our data is either unique, higher quality, greater frequency or more global in coverage than is available from any other source anywhere in the world.

But if we do not have the data that you need then we can normally obtain it through our massive global reach to sources and experts. 

DG ENER


Data for European Commission

DG ENER


Data for European Commission

COLLECTION OF DATA AND SERVICES
FOR THE EUROPEAN COMMISSION’S ENERGY MARKET OBSERVATORY

VaasaETT collects, processes and aggregates data and information on European retail electricity and gas markets in the 28 Member States and delivering the results to the European Commissions on a regular (mostly monthly) basis. Data and information includes retail prices and numerous measures of competitiveness and openness in the different markets. The information is included in DG Ener’s Energy Market Observatory and provides European bodies with a new range of recent and comparable retail market indicators. This project confirms VaasaETT’s status as one of Europe’s leading source of current and historical data on residential electricity and gas markets.

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EnergyPriceIndex


Energy Price Monitoring

EnergyPriceIndex


Energy Price Monitoring

Energy price monitoring project

The VaasaETT Energy Price Monitoring Project is a an ongoing electricity market price monitoring service that includes multiple sub projects researching electricity and gas prices for households and other customer segments. Put simply VaasaETT collects prices from around Europe and beyond in order to understand comparative price structures, levels, trends and dynamics. This in-depth price information - the most extensive and of its kind in Europe - is both historical and right up-to-date enabling current and historical benchmarking and analysis. This project also provides pricing data for other research areas such as consumer price elasticity modelling, margins dynamics analysis and competition impact assessment.

In addition to the HEPI project introduced below, we also do price data collection to European Commission (see section above "Data for European Commission")

HOUSEHOLD ENERGY PRICE INDEX "HEPI"

The objective of the project is to track monthly European household electricity and gas prices in 29 European countries. The project is performed by VaasaETT in collaboration with Energie-Control Austria and Hungarian Energy and Public Utility Regulatory Authority.

To correct for a persistent lack of current, frequently updated and methodologically reliable information on household prices for both electricity and gas at the European level, the Austrian energy regulator (Energie Control Austria) and the Hungarian Energy and Public Utility Regulatory Authority (MEKH) have commissioned VaasaETT to compile
and publish electricity and gas price-rankings in 29 European capital cities
on a monthly basis starting from January 2009 with the EU15 countries
and gradually expanded to the rest of the EU and Serbia. This study is
known under the name “Household Energy Price Index" (HEPI).

Who is paying the most? Who is paying the least? And where are prices heading in Europe?
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UCSRP


Utility Customer Switching

UCSRP


Utility Customer Switching

 

UTILITY CUSTOMER SWITCHING RESEARCH PROJECT

The Utility Customer Switching Research Project (UCSRP), founded jointly in 2004 by Dr Philip E. Lewis and Paul Grey, monitors switch rates and trends in all fully liberalised energy retail markets worldwide. It was the first and remains to this day the only global view of utility customer switching activity, as well as being the most comprehensive and uniform source of comparable switching statistics in the electricity and gas markets worldwide.

It is the world’s only comprehensive, up-to-date, uniform and comparable view of utility customer switching activity in electricity and gas markets. In 2014 VaasaETT will be tracking switching in 41 markets and ranking 39  through the addition of Japan, Turkey and Serbia. For all the markets we track we have switch trend data since those markets became fully liberalised (when all customers in the market were free to choose energy supplier/retailer). Both residential and I&C switch rates are covered separately, although only aggregated switch rates are published publicly. A few markets, such as Alberta, Canada, and New York are recorded but not included in the rankings due to irreconcilable data comparability issues or data availability issues.

THE SCOPE OF THE UCSRP

The Utility Customer Switching Research Project is a very broad, ongoing project with many objectives. The project:

  • Measures, compares and benchmarks customer switch rates, including also market activity and market success
  • Reveals customer switching trends
  • Analyses customer switching dynamics and drivers
  • Identifies and understands the factors promoting and hindering competitive retail activity
  • Models customer loyalty and switching behaviour (churn) in order to estimate, project and predict future switching
  • Supports all stakeholders through providing knowledge to support the development of successful competitive energy markets
  • Insights, best practice, prescriptions and direct support for regulators, governments and other strategy and policy makers
  • Insights, best practice, prescriptions and direct strategic support concerning customer acquisition and retention strategies for retailers (utilities).

The Utility Customer Switching Research Project has led to the development of what we believe is the world’s most accurate tool to predict customers switching (churn) among energy utilities (electricity and gas) customers. The VaasaETT Churn Radar has taken 17 years to develop and utilizes VaasaETT’s unrivaled knowledge and experience of global customer switching behaviour.

Download the latest report (Nov 2012)

For more information about customer switching research, contact us

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ASSIST


ASSIST

ASSIST


ASSIST

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ASSIST (Support Network for Household Energy Saving)

ASSIST offers a two-way approach to energy poverty: active engaging of consumers in the energy market, and a positive change of behaviour in relation to energy consumption and to influence design of policies at all levels. It will do so by:

  • Creating unique and specialized services for the vulnerable communities through a European network of trained active Home Energy Advisors (HEA).
  • Increasing the knowledge of political stakeholders on consumers’ vulnerability and energy poverty so as to promote the design-take up of policies to tackle the phenomena.

ASSIST is a three year project and started 1 May 2017, foreseeing development of several activities in 6 European countries: Italy, Spain, United Kingdom, Poland, Belgium and Finland.

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Flexiciency


FLEXICIENCY

Flexiciency


FLEXICIENCY

EU funded R&D project within the Horizon2020 framework with an overall budget of over €19M.


Visit the website

Recently Completed


Recently Completed Projects

Recently Completed


Recently Completed Projects

A selection of our recently completed past projects is summarised below. A more complete list of projects can be found in REFERENCES. For more information please feel free to contact us.

ADVANCED (European Commission Funded Project)

Innovative European funded (FP7) project aiming to further the mass deployment of active demand (AD) programs in Europe through enhanced customer engagement. Consortium partners included ENEL, ERDF, RWE, Iberdrola, Enernoc, TNS, TNO, Comillas, FEEM and VaasaETT. VaasaETT was the project’s technical manager, helped design the research methodology and led the customer engagement and segmentation work package. Visit the ADVANCED website for results and reports

ARENA (Australian Government)

VaasaETT in collaboration with Marchment-Hill Consulting of Australia conducted the World's largest (to date) stocktake and analysis of 150 renewable energy integration related projects. A large proportion of the projects were focused on the use of demand side measures (including demand response and energy efficiency) to facilitate the integration of distributed renewables. Visit Arena's website to download the Report

Australian Government (Victorian Department of Environment, Land, Water and Planning)

In collaboration with KPMG, we conducted an international market research on retail market competition and consumer engagement best practices for the Victorian government. Download the report

BEAMA 

VaasaETT was commissioned to assess and model the use and value of energy monitors in Great Britain by identifying the potential impact of In Home Displays and other consumption feedback devices on consumption levels and emissions. The final report was presented in parliament to the UK energy minister. Visit Beama's website to download the Report

CASSANDRA

The CASSANDRA project built a platform for the realistic DR and Energy Efficiency modelling of energy market stakeholders and consumer behaviour, providing users with the ability to test and benchmark working scenarios that can affect system operation and company/environmental policies at different levels of abstraction, starting from a basic level (single consumer) and shifting up to large consumer areas (i.e. a city). Visit the Cassandra website for results and reports

CENTRALISED SWITCHING IN LIBERALISED ENERGY MARKETS

VaasaETT analysed the impact of different Switching systems and processes in liberalised electricity and gas markets around the World. The efficacy of Centralised vs. other switching models was investigated. Report available on application depending on applicant status.

EBADGE

A major multi-partner EU-funded project to develop a cross border balancing market platform to develop commercial/industrial Demand Response. VaasasETT’s partners in this project are SAP, Telecom Slovenije (Slovenia’s largest telekom company), Elektro Ljubljana (Slovenia’s largest energy utility company), Cybergrid, Austrian Power Grid, Borzen (Slovenia’s power market operator), the Austrian Institute of Technology, RSE, Eles, Sauper and Xlab. 
Visit the project deliverables and research publications.

ESMIG (European smart meter industry group) - EMPOWER Project 

Two major research projects identified best practice and  potential in demand-side programmes and offerings (including energy efficiency and demand response). The first project conducted the World's most comprehensive meta survey and analysis of demand side programmes, and the second identified new approaches to preparing the public for the smart future in ways that enable consumers to make more informed decisions and better use of smart energy demand infrastructure when it arrives. The latter project was to discover the potential and best practices of a range of feedback and dynamic pricing programs and investigate the qualitative issues concerning how best to empower consumers to reduce consumption through a more intelligent approach. See ESMIG press release explaining the project    Download the first report     Download the Second Report     

NATCONSUMERS

EU funded R&D project within the Horizon2020 framework. The key aim of this project was to develop an advanced and integral user-centred framework for the implementation of efficient energy feedback programmes in the residential area. The project will engage with residential electricity consumers across Europe to achieve more sustainable energy consumption. View the final NATCONSUMERS Handbook

NORDREG (Nordic energy regulators)

The Nordic Energy Regulators (NordREG) commissioned VaasaETT to research Barriers to Entry into and between the Nordic Markets, namely Denmark, Finland, Norway and Sweden. VaasaETT mapped the regulatory framework and other conditions that a supplier and energy service provider faces when entering the national Nordic electricity markets from within or beyond the Nordic region. Visit the NordREG website to download the Report

NVE NORWAY (Norwegian Energy Regulator) 

VaasaETT, commissioned by The Norwegian Water Resources and Energy Directorate (NVE) to assess the potential of energy consumption feedback in Norway. VaasaETT analysed 91 relevant samples from energy consumption feedback programmes around Europe and elsewhere (including also Norway), relating to over 30.000 energy consumers and modelled the results onto the Norwegian market. Visit the NVE website to Read the official NVE press release (in Norwegian)  and  Download the report (note: the cover pages are in Norwegian but the report is in English) 

NVE also commissioned VaasaETT to research the potential of home automation technology to reduce electricity consumption and manage peak demand in Norway, both at household level and aggregated at national level. For the research, we used the VaasaETT Pilot Database: it is an up‐to‐date database consisting of, at the time of writing in 2017, close to 140 EE and DR programs around the world, including 569 samples, and involving over 930,000 residential customers. The database compiles the findings of both feedback and dynamic pricing programs with and without appliance automation.

RSB (Regulation and supervision bureau - abu dhabi)

Energy Time of Day Trial and Post Trial Data Analysis report was prepared for the Regulation and Supervision Bureau for the Water, Wastewater and Electricity Sector in the Emirate of Abu Dhabi. Results were measured through the quantitative analysis of demand response and overall energy conservation. They are intended to inform the Bureau with respect to future decisions associated with time-sensitive prices including the potential application of TOD pricing structure and associated consumer communications. 

ABB / Ventyx - SMART GRID GLOBAL IMPACT Project

The Smart Grid Global Impact project analysed 200 smart grid projects around the world and uncovered key findings. The report also includes criteria-based evaluation and in depth analysis of the 30 leading projects. The reports presents return-on-investment results, characteristics of successful smart grids and a ranking of selected projects, and highlights best-practice case studies to allow the reader to learn from the world's most innovative utilities. The report is currently available at the U.S. Department of Energy's SMARTGRID.gov website