Margaret Riach’s work has focused on the regulated sectors in the UK and Ireland – particularly transport and energy – working for government departments, regulators, industry bodies, and private companies. This includes assessing and developing incentives in performance regimes in various sectors, including reviewing or updating railway performance regimes, developing appropriate KPIs, and considering the use of ex-ante versus ex-post incentives.
She has supported clients in understanding and developing policy to address air quality and decarbonisation issues. This includes considering the cost-effectiveness of power decarbonisation options, how industry and the Government can best facilitate decarbonisation of the UK freight network by 2050, and how Transport for London (TfL) can minimise the impact of the Ultra-Low Emission Zone on vulnerable or heavily-affected stakeholders. She has reviewed how distribution networks can best react to decarbonisation and the resulting decentralisation of the electricity network.
Margaret has worked closely on various areas of the new electricity market arrangements for Ireland and Northern Ireland (I-SEM), which were launched in 2018. She assisted the development of the I-SEM, including the balancing market principles code of practice, and is a core member of the team acting as the Capacity Auction Monitor in the I-SEM capacity remuneration mechanism.