Daniel Mitchell is an experienced economic consultant in CEPA’s regulation and competition practice. He works largely within the energy and water sectors on regulation & competition, modelling, public policy and strategy. He has extensive experience of working for clients in both public and private sectors on cost assessment, incentive design, modelling, security of supply and market research.
Daniel has advised a range of regulators and companies on cost assessment. He is currently supporting the Northern Ireland Utility Regulator to assess the relative efficiency of NI Water for the forthcoming price control and was recently the lead analyst in a CEPA team that supported Ofwat with the development of econometric models for Ofwat’s PR19 price review.
Daniel has also supported clients on security of supply issues. For example, in a project for the Agency for the Cooperation of Energy Regulators, Daniel was the lead analyst of a CEPA team to develop estimates of the value of lost load (a measure of the value consumers place on a continuous electricity supply) for every consumer in Europe. He also led the development of a theoretical framework for the estimation of the total economic impact of a black start event in Great Britain for Ofgem.
Daniel has also supported a range of clients on a secondment basis, which has led to strong working relationships with Ofgem, Ofwat and the Utility Regulator in Northern Ireland.
Daniel has an MSc in Economics and Econometrics (Distinction) and a BA (Hons) in Economics and Politics (First) from the University of York.
Recent News & insights
Ofgem consult on cost assessment tools & techniques
Ofgem has published a consultation on the cost assessment tools and techniques it intends to apply in setting the RIIO-2 price controls.
Utility Regulator publishes approach papers for its price control
The Utility Regulator in preparation for its price control (PC21), has published its PC21 Opex ‘minded to’ Methodology and PC21 Capex 'minded to' Methodology.
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.
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.
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.