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Association of Issuing Bodies

Jon Hov LauritzenJon Hov LauritzenChairman of BoardChairman of BoardAnkara 28Ankara 28thth April 2006 April 2006

AIB: the lAIB: the leading enabler of international eading enabler of international energy certificate schemesenergy certificate schemes

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AIB servicesAIB services

International marketsInternational markets

Economies of scale (realised)Economies of scale (realised)

Facilitating & informing the marketFacilitating & informing the market

Common standards & systemsCommon standards & systems

Shared expertiseShared expertise

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AIB OrganisationAIB Organisation

Board

Norway (chair)FranceGermanyItalyNetherlands

Secretariat

General meeting

President: W Boltz

Austrian Regulator andChair CEER Single Energy Market workgroup

Participants: Members

Working groups

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Energy Certificate SystemsEnergy Certificate Systems

Certificate system

Supply Demand

Issuing Body

Transfer

Electricity market

Certificate market

Redemption

ComputerSystem

Issuing

Physicalflow

Contractualflow

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RegulationRegulationPrinciples &

Rules of Operation

Subsidiary Documents1.Assessment Panels2.Voting Rights3.Registry Systems4.Use of Agents5.Change Management6.Assignment of Codes7.Periodic Reviews

Chapters1. Guarantees of Origin2. RECS3. Disclosure

4. CHP

Fact Sheets1. List of Fact Sheets2. List of Subsidiary Documents3. Types of Public Support4. Member Codes5. Energy Sources & Technologies6. Addresses for notices7. GO Members8. RECS Members9. EECS Disclosure members10.Guidelines & Framework for

Domain Protocols11.Reviewer matrix

Domain SchemeDomain SchemeDomain Scheme

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What is in the PRO?What is in the PRO?

Core principlesCore principles DefinitionsDefinitions EECS SchemesEECS Schemes Admission & ExpulsionAdmission & Expulsion Harmonisation Measures (principle of subsidiarity)Harmonisation Measures (principle of subsidiarity) Processing of EECS CertificatesProcessing of EECS Certificates Probity of MembersProbity of Members Member’s Agents & Measurement BodiesMember’s Agents & Measurement Bodies ComplianceCompliance DisputesDisputes Assessment PanelsAssessment Panels Change proceduresChange procedures GeneralGeneral Chapters (per EECS Scheme)Chapters (per EECS Scheme)

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PRO - Core PrinciplesPRO - Core Principles

The Ten CommandmentsThe Ten Commandments Uniqueness - a certificate is uniqueUniqueness - a certificate is unique Ownership - account holders own certificatesOwnership - account holders own certificates Operational reliabilityOperational reliability Protection of Account HoldersProtection of Account Holders GovernanceGovernance Access & TransparencyAccess & Transparency Cost EffectivenessCost Effectiveness CommunicationsCommunications Regulation & OversightRegulation & Oversight RecordsRecords

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AIB

Articles

PRO

Inter-IB Agreement

Liability

Market StructureMarket Structure

Trading arrangements

Domain Protocol

MarketParties

Articles (voluntary)

or Legislation

(Service Provision

Agreement)

Issuing Body

(member)

ServiceProvision

Agreement

Sub-contractor

Standard Contract of

Sale

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EECS network – CMO-CMO interfaceEECS network – CMO-CMO interface

NL

CH

FR

ESPT

DE

AT

DK SENO

SIIT

FIUK

IE

Reporting

BE/LU

BE (F)

Common dataBE (W)

EECS Hub

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Summary of ActivitySummary of Activity

Since 2001Since 2001 20052005

IssuedIssued 120,729,014120,729,014 47,934,20647,934,206

ExportedExported 33,200,27533,200,275 13,690,44013,690,440

RedeemedRedeemed 59,522,70159,522,701 24,753,05524,753,055

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Certificates issuedCertificates issued

Monthly Certificates Issued - by Country

0

1

2

3

4

5

6

2002 2003 2004 2005 2006

Millions

Cer

tifi

cate

s is

sued

SloveniaPolandPortugalBelg & Lux RECSUKItalyFranceSpainDenmarkGermanySwitzerlandAustriaSwedenNorwayNetherlandsFinland

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Exports

0

1

2

3

4

5

2002 2003 2004 2005 2006

Millions

UK

TR

SI

PT

PO

NL

IT

IE

FR

ES

DK

DE

CH

BEW

BE/LU

BEF

AT

NO

SE

FI

Certificates transferredCertificates transferredImports

0

1

2

3

4

5

2002 2003 2004 2005 2006

Millions

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Questions & DiscussionQuestions & Discussion

http://www.aib-net.orghttp://www.aib-net.org

SecretariatSecretariat12 Broadway, Amersham, HP7 0HP, United Kingdom

Tel: +44 1494 432323 / Fax: +44 1494 434888Email: secgen@aib-net.org