International Benchmarking and Regulation of European Gas Transmission Utilities

International Benchmarking and Regulation of European Gas Transmission Utilities
This benchmarking report drafted by independent consultants of the Cambridge University reviews possible methods for comparing the efficiency of European gas transmission operators. The report assesses the relative efficiencies of four European gas TSO’s using a variety of cost data, output variables and methodologies. The efficiencies of European TSO’s are also compared with those of US operators. The report provides with recommendations for the application of benchmarking to gas transmission in Europe focusing is aspects such as data collection, data comparability, benchmarking variables and benchmarking techniques. The report concludes that more robust benchmarking results cannot be obtained without long-term commitment to build appropriate databases, and that an agreement is needed on standardisation of data to be collected from TSOs.