It also means we are involved in some of the most interesting areas of microeconomics. We answer questions like:
- How to set charges in industries where the efficient price is unclear?
- What are the costs and benefits of different options for making sure the lights do not go out?
- How to solve the externality problem around pollutants such as NOx and greenhouse gases?
- When does a commercial project become economically viable?
- How can you encourage people and institutions to change their behaviour?
- How to solve the natural monopoly problem in network utility sectors?
- What parts do companies, government institutions, and philanthropic organisations have to play in achieving development impact?
We use hard-headed quantitative analysis and practical experience to help companies, consumer bodies, regulators, donors and governments solve the problems most important to them.
Public policy News & insights
Economist application window opens
We are now accepting applications for entry-level economist positions, commencing during 2020 in London.
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 ...
Highways benchmarking: pavement condition
CEPA, alongside TRL, have twice been commissioned by the Office of Rail and Road to assess how pavement condition is measured.
Emission controls on trucks in Britain
Ivan Viehoff's briefing note about emission controls, including decarbonisation, of freight transport in Britain over the next 30 years.
How to regulate fibre service providers
The New Zealand Commerce Commission published its emerging views on regulating the fibre service providers.
A guidance tool for National Infrastructure Banks and related facilities
We developed a reference tool which examined areas where National Infrastructure Banks could play a catalytic role.
Mobilising finance for infrastructure in Sub-Saharan Africa & South Asia
Our research for DFID highlighted the need for public institutions to create bankable infrastructure projects to unlock funds available from the private sector.
Financing UK infrastructure
Our review of private financing for infrastructure contributed to the national infrastructure debate on what role the public and private sectors should have in developing...
Strategic support to the Private Infrastructure Development Group
We advised the Private Infrastructure Development Group (PIDG) to focus on addressing project development constraints and facilitate local currency finance under its new Five-Year Strategic Plan.
Setting Highways England’s Performance Specification
CEPA has been advising the Department for Transport about how to set the performance regime which is used to monitor and assess the performance of Highways England.
Global Infrastructure Hub Consultation
A draft guidance note developed by the Global Infrastructure Hub in collaboration with CEPA, has been published for consultation.
CEPA feature as a guest speaker at annual energy conference
Ben Shafran, a consultant who specialises in energy policy and regulation, will feature as a guest speaker at the 2019 UKERC Annual Conference.
The Utility Regulator in Northern Ireland publishes domestic consumer insight tracker findings
The Utility Regulator (UR) in Northern Ireland has published the results of its first Consumer Insight Tracker Survey.
Some lessons from technology-neutral auctions for low-carbon electricity generation
In this briefing note, we explore how successful technology-neutral auctions for electricity generation have been in the past and discuss some key lessons.
Efficiency incentives to apply to the economic regulation of Heathrow
The Civil Aviation Authority (CAA) has published a report by CEPA alongside its policy update and consultation on the economic regulation of capacity expansion at Heathrow Airport (CAP 1782).
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.
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.
The capacity market five-year review - some key questions
Some of the key questions that stakeholders should be asking as part of the UK Government's much-anticipated review of the electricity capacity market are set out in a briefing note.
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.
Cybersecurity in the energy sector: what does it mean for network regulation?
Read our briefing note to learn more about what the key issues might be in the next RIIO price controls.
Insights report for the ongoing evaluation of AusNet Services trial of the New Reg process
The Australian Energy Regulator (AER) has today published a second insights report that CEPA has prepared for the ongoing evaluation of AusNet Services trial of the New Reg process.
RIIO-1 price control framework and performance review
Ahead of the RIIO-2 price controls, Ofgem wanted to gather insights on the outcomes of the RIIO-1 regulatory framework. At the end of 2017, the regulator commissioned CEPA to review the RIIO price control framework applied to the first set of RIIO price controls.
What should regulators make of big data?
In almost every market one can think of, people are talking about the application of big data analytics and machine learning. Energy and other utilities are no different.
Going electric: How to incentivise the efficient deployment of electric vehicles
In our briefing, we examine how the regulatory framework implied by Ofgem’s strategy would affect one of the main drivers of the change: electric vehicles (EVs).
Positive winds for offshore - But don’t get blown over just yet
Following the announcement of the results for Round 2 of the CfD auction, we explore in this briefing what they mean for the offshore wind energy sector and the deployment of renewable electricity generation.
Approach to customer segmentation in the water sector
CEPA was engaged by Ofwat to build an evidence base on approaches to customer segmentation and possible data sources to inform approaches to residential customer segmentation.
Value-chain analysis to support investment in agribusiness
CEPA worked with the IFC and the Global Food and Agriculture Security Programme (GAFSP) to complete comprehensive agricultural value-chain assessments in Cote d’Ivoire,...
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.
Review of readiness for retail market opening
CEPA was appointed by Ofwat to carry out a targeted review of market participants’ readiness for opening of the retail market in April 2017 for...
Enabling flexibility in the GB electricity market
The advice provided to a GB electricity distribution company in relation to smart networks and flexible energy systems helped our client advance their position with the regulator and government.
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...
Financial and economic analysis of Morocco’s water leakage reduction objective
CEPA was hired by the World Bank to review Morocco's submission to the United Nations Framework Convention on Climate Change.
Merger support in the water sector
CEPA supported Ofwat in the CMA inquiry into the merger of South West Water and Bournemouth Water.