Projects

Meridian collaborated with Econex to investigate the costs and benefits that the Gasnosu pipeline (which included gas-to-power projects), would hold for the economies of South Africa and Mozambique, and the southern African region as a whole. ...

We constructed a financial model to evaluate the financial value of different regulated termination rate scenarios on the client's business. ...

Meridian's role was to prepare comments on the proposed changes as specialist regulatory economists. We collaborated with the client's legal advisors in compiling a comprehensive response to the proposed changes to the Gas Act. ...

The Competition Commission was preparing its case documents for its referral of Sasol Chemicals Industries (SCI) to the Competition Tribunal for alleged excessive pricing. The Commission needed assistance with responding to the technical financial aspects of SCI expert witness statements, especially as they relate to the estimation of the appropriate asset valuation and cost base of the SCI products. ...

Grové collaborated with Econex in preparing the report. The report considered the likely market power of the merged entity, Eskom's countervailing buyer power and possible anti-competitive effects of the merger. It also analysed the potential effects that the proposed merger were likely to have on Eskom's coal purchases, future electricity tariffs and on the South African economy more widely. ...

Grové served as a member of the Board of the Regulator and also chaired the Regulatory Committee that was responsible for all matters related to the TNPA's tariffs and tariff setting methodology. His responsibilities included chairing public hearings and oversight of the tariff review processes in the Ports Regulator; of the development of a new tariff and pricing structure methodology; and of the finalisation of the annual tariff determination. ...

Grové was appointed as a specialist regulatory advisor to Eskom in order to assist with preparing appropriate responses to NERSA and advise on regulatory strategy. ...

Grové was appointed to, and elected as chairperson of, the external Technical Advisory Committee, established by Mergence with a view of obtaining an external review of the portfolio of projects in its Renewable Energy Debt Fund. ...

Meridian was appointed to produce a report on the impact of economic regulation on the management and performance of state-owned enterprises (SOEs). The report set out to identify the key challenges related to the economic regulation of SOEs in the energy, transport and communications sectors. It outlined a framework for understanding the impact of regulation and the related governance framework on the performance of SOEs and to make recommendations for how the impact of economic regulation on SOE performance can be improved. ...

Grové was appointed as an sector expert to the EB Steam team. He advised on a wide range of power sector economic and regulatory issues that arose during the arbitration and was also responsible for drafting expert reports that would be filed as part of the process. ...