Our models span a range of applications, each tailored specifically to the client’s needs and the task at hand and our modelling experts help distil multifaceted economics, finance and policy issues into insights that support practical advice.
- financial models,
- scenario-based economic models such as those used for cost-benefit analysis, and,
- energy market models, through the ‘Cambridge Energy Model’ (CEM), our proprietary energy modelling framework developed by Dr Chi Kong Chyong, one of the most highly-respected energy market modelling experts at the University of Cambridge and a CEPA director.
Our focus on model transparency gives us the ability to explain any result, no matter how counterintuitive. CEPA is a signatory to the FAST Standard, which is consistent with our view that a Flexible, Appropriate, Structured and Transparent approach to modelling improves value-for-money and reduces risk.
Transferring knowledge to clients is important for the success of our work and our team is experienced in providing user manuals, model user training and ongoing modelling support services. We undertake rigorous quality assurance of our deliverables, embedding a risk-based, end-to-end approach throughout the model lifecycle.
Modelling News & insights
Quantitative energy data scientist
We are looking for a bright and motivated analyst to join our growing CEPA Energy Modelling team to help develop and expand our energy modelling capabilities.
Consultation on Minded to Positions for ‘fast-tracked’ charging options published by Ofgem
Ofgem publishes consultation under the Access and Forward-looking Charges Significant Code Review with our Quantitative Analysis and Methodology reports alongside.
Independent review of water affordability
CCW, a body that represents water consumers in England and Wales, has published its review of the affordability support for financially vulnerable water customers.
Director of CEPA Energy Modelling Ltd to speak at launch of Energy & Climate report
The independent European think tank, CERRE, will host an event on 16 March to launch its Energy and Climate report, “Electricity and gas coupling in a decarbonised economy”.
Improvements in market operator governance
Calls are made for improvements to the governance framework for the Australian Energy Market Operator to support investment efficiencies, manage growing customer costs and achieve national energy goals.
Ofgem publishes its Decision on UNC678; the modification proposals relating to gas transmission charging
CEPA helps Ofgem, the GB energy regulator, to reach its Decision on the modification proposals relating to the gas transmission charging arrangements.
CEPA fast-track relief service
In these challenging times, we are able to offer a hand of support to those that find themselves facing resource constraints as a result of the global covid-19 crisis.
Ofgem consults on amendments to Gas Transmission Charging regime
Ofgem, Great Britain's independent energy regulator, is seeking views on its 'minded to’ decision on the proposals for modification to the gas transmission charging arrangements.
CEPA launches cost-effective, specialist energy modelling service with pre-eminent expert
CEPA Energy Modelling Ltd, a new subsidiary dedicated to meeting the increasing advisory needs of energy companies, regulators and governments across the globe is formed.
CEPA Outage Cost Calculator
This calculator lets you estimate how much you would need to be compensated if you were to experience a temporary household electricity blackout.
CEPA’s expansion continues across its offices
Increasing demand for CEPA's support and advice drives a growth in consulting team numbers.
Understanding the distributional impacts of time-of-use tariffs on consumers’ bills
The roll-out of smart meters capable of measuring half-hourly consumption presents a number of opportunities. If introduced alongside time-of-use tariffs ...
Capacity Auction Monitoring for Capacity Market in Ireland and Northern Ireland
Since 2017, we have been the Capacity Auction Monitor (“Monitor”) for the Capacity Remuneration Mechanism (CRM) for the Integrated Single Electricity Market (I-SEM).
Cost-benefit analysis of new interconnectors in Ireland
Our cost-benefit analysis for the electricity interconnectors demonstrated that increasing the interconnection of Ireland to other markets is expensive but the benefits are likely to outweigh the costs.
Modelling ROI on reproductive, maternal, newborn, child & adolescent health & nutrition interventions
CEPA conducted a modelling of the Global Financing Facility’s return on investment for Reproductive, Maternal, Newborn, Child and Adolescent Health and Nutrition (RMNCAH-N) interventions.
Reducing the environmental impact of freight in the UK
The National Infrastructure Commission (NIC) published their final report "Better Delivery: the challenge for freight" on 17 April 2019.
Publication of an issues paper on public transport fare in Sydney
The Independent Pricing and Regulatory Tribunal (IPART) has published an issues paper as part of a major review of public transport fares in Sydney and surrounding areas.
Estimating the value of lost load for electricity in Europe
We were asked by the Agency for the Co-operation of Energy Regulators (ACER) to conduct a study on the estimation of the value of lost load (VoLL) for electricity supply in Europe.
Senior hire to meet demand from energy companies and regulators worldwide
CEPA today welcomes Gary Keane as a director to the consulting firm’s London headquarters.
Airport capacity strategy
CEPA’s contribution to this study on delivering the future airport capacity requirements in Ireland for the Irish Department of Transport, Tourism and Sport set out the decisions Ireland has to make - and the timing - to come to a good decision on the future capacity requirements of Dublin Airport.
Assessing the impact of equal transmission charging treatment with gas storage
Our analysis demonstrated that applying equal charging treatment at Bacton IP as for GB storage would further the interests of GB consumers through lower gas prices.
Econometric benchmarking for Ofwat
CEPA was commissioned by Ofwat to develop a suite of econometric models focusing on different parts of the value chain in order to determine the efficient level of costs allowed for companies under each of the binding price control settlements for PR19.
Evaluating the social and economic impact of investments in wastewater
CEPA conducted a literature review of methodological approaches to evaluate economic and social impact of investments in the wastewater sector.
Alternative approaches for setting the cost of debt
CEPA were commissioned by two UK economic regulators to look at alternative approaches that could be used in regulatory determinations for the cost of debt allowance.
Estimating a shadow value of water
CEPA were appointed by the EBRD to support them in developing estimates of an economic value of water, reflecting the full social costs of water...
Merger support in the water sector
CEPA supported Ofwat in the CMA inquiry into the merger of South West Water and Bournemouth Water.
Review of financial models for Postcomm
Postcomm asked CEPA to review two of its financial models, to improve their robustness and confidence in their results. One of the models was to be published, making it particularly important that the model was well-designed and reliable.