Emily Sprake is a senior consultant in CEPA’s regulation & competition practice, working across the energy, transport, and water sectors. She has experience of working for client in both the public and private sectors on economic regulation, modelling, cost benefit analysis, and public policy.
Emily has contributed to a number of regulatory determinations in GB and Ireland. This includes supporting Ofgem on the delivery of the RIIO-2 price controls for electricity distribution, gas distribution, and transmission, as well as work for Ofwat, the Civil Aviation Authority, the Office for Rail and Road, and Commission for Regulation of Utilities.
Being part of the team appointed as financial adviser, Emily provides economic and financial advice to Ofgem in relation to offshore electricity transmission assets. She has been involved in the selection of offshore transmission owners (OFTOs) since Tender Round 5, performing detailed reviews and due diligence assessments of bidders proposed commercial and financial structures at both the EPQ and ITT stages. Emily is also part of the teams acting as Capacity Market Auction Monitor and Auditor for the Irish and Belgian electricity markets, respectively.
Emily completed a Master’s degree in Economics and Policy of Energy and the Environment at University College London, and also holds a Bachelor’s degree in Economics from Queen Mary, University of London.
Recent News & insights
Transfer of Hornsea Two offshore wind farm transmission link
CEPA, as part of Smith Square Partners Consortium, acts as financial adviser to Ofgem on the £1.14bn completed transfer of Hornsea Two offshore wind farm transmission link from Ørsted to Diamond Transmission Partners.
Tender process for the sale of three offshore wind transmission assets with a combined value of c. £2 billion is launched
A consortium, consisting of CEPA and four other leading advisory firms, is acting as financial adviser to Ofgem for the OFTO Tender Round 10 process.
CEPA collaborates to advise about the selection of offshore transmission owners (OFTOs)
Continuing our co-operation with other specialist advisors in a consortium, we are pleased to provide further expert financial and economic advice to Ofgem under a new four-year contract for offshore electricity transmission assets.
Smith Square Partners’ Ofgem consortium; TR7 preferred bidder for first asset announced
Ofgem, the GB energy regulator has announced the identity of the preferred bidder for the offshore wind transmission asset connecting the Triton Knoll wind farm to the Lincolnshire coast.