| Assignment Name:Feasibility Study for the Implementation of the Energy Exchange Austria EXAA |
Country: Austria |
| Location within Country:Vienna / Graz |
Professional Staff Provided by your Firm: 2 |
| Name of Client: Energy Exchange Alp Adria EXAA |
No. of Staff: 6 |
Address:Fischer von Erlach Gasse 1 A-8010 Graz Austria |
No. of Staff Months, Duration of assignment: 3 staff-months Duration: 6 months |
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Start Date:January 2001 |
Completion Date:June 2001 |
Approx. Value of Services:N/A |
| Name of Associated Firm(s) if any:Smart technologies |
No. of Months of Professional Staff Provided by Associated Firm(s): 6 months |
| Name of Senior Staff (Project Director/Coordinator, Team Leader) involved and functions performed:Members of the Steering Committee: Mr. Hannes A. Takacs & Mr. Roland Zauner |
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Narrative Description of Project: |
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More than 20 Austrian utility providers and industries had founded a working group for the design of an energy exchange for the region Alp Adria. CAPMEX?s specialists provided expertise in the following areas:
- exchange design
- specifics of gas and electricity trading, clearing, settlement as well as physical delivery
- risk management
- business planning
- product development
- strategic exchange management
As result, the Energy Exchange Austria was founded in June 2001 with active support and participation of the energy industry and key market participants.
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Description of Actual Services Provided by your Staff: |
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- Development of the business model
- Drafting of the business plan
- Design of the Energy Exchange
- Search for strategic and financial partner organizations
- Negotiation with potential shareholders and market participants
- Organization of basic training in energy (electricity & gas) trading
- Preparation of actionable recommendations for the board of directors
- Project management
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