Oman plots power market reform
John Mather hired to implement new spot market pricing system in the Sultanate.
Oman has embarked on the first step towards introducing new wholesale electricity market reform.
Oman Power & Water Procurement Company (OPWP) has appointed John Mather as Project Manager for the implementation of a proposed new Spot Market Pricing System.
Mather has extensive experience of the design and operation of wholesale electricity markets in the UK and Australia and has advised on the application of PPAs in a number of jurisdictions including China, Jamaica and the Philippines.
He will work with a multidisciplinary team of experts at OPWP and Oman Electricity Transmission Company (OETC) to develop a High-Level Market Design in to a set of detailed Market Rules for approval by the industry regulator, AER.
OPWP will soon be issuing a tender to engage suitably-qualified consultants to codify the Market Rules, it said in a statement on its website.
These Market Rules will be similar to those that operate in wholesale electricity markets around the world.
A Road Map will be developed to identify key milestones, providing anticipated dates for achieving these milestones.