Restructuring and liberalization involve a number of important reforms with far-reaching consequences for a country’s energy sector. These range from the choice of the overall industry design to the restructuring and unbundling of the industry, private sector participation, and the regulatory and legal framework to the impacts on security of supply, competition and market power. 

KEMA has taken a leading role in most major reform projects around the world. We have experience with all types of markets, such as cost- and price-based pools, mandatory and voluntary markets, as well as 
bilateral and single buyer markets.

Based on our broad scope of technical, organizational, economic, and regulatory knowledge, we have assisted in the definition and implementation of the roles and functions of all types of new institutions and market actors, and the design and implementation of the required legal and contractual framework. 

Our scope of services include:

• Assessing and designing new industry and market structures
• Corporate restructuring and privatization 
• Unbundling of production, transmission/transportation, distribution, and trading/supply activities 
• Planning and establishment of system and market operators (TSO, ISO, RTO, MO, PX)
• Contractual and legal market framework
• Development of PPAs and vesting contracts