CEPA's Energy Practice has been active since 2001 when the company was established. We have worked in more than 50 countries since.
We work with utilities companies, governments, regulators, investors and trade bodies to help them deliver their vision of the world through sound economic and financial policy and regulation.
CEPA has a respected energy practice, which has been involved in many of the issues that affect energy production, transportation, distribution and retail. Our work covers issues on:
- retail and consumers;
- transition and flexibility;
- gas; and
- low-carbon technologies.
We have worked extensively on energy sector issues internationally. Examples of our recent work include:
- Advising the Commission for Regulation of Utilities in Ireland on the economics of interconnection and the benefits of future physical interconnection in an environment of high levels of variable generation.
- Conducting a review of the RIIO-1 framework and performance for the GB energy regulator, Ofgem, to help inform and shape the RIIO-2 framework.
- Working with the GB electricity distribution industry to develop the models that are used to set distribution use of system charges.
- Conducting a study into the impacts of applying equal transmission charging treatment with storage for bidirectional interconnection points for a gas interconnector.
- Developing an impact assessment of a proposed new combined cycle gas turbine.
Well-designed wholesale energy markets should give stakeholders the right signals to participate.
Energy transition & flexibility
The energy system is changing at an unprecedented pace. Policy, social and...
The key contacts for our Energy practice are...
To talk to someone about our experience in this sector, please call either +44 (0)20 7269 0210 for the UK, or +61 2 9006 1307 for Australia.View our entire Energy team
Energy News & insights
Consortium appointed to advise on the auction of offshore electricity transmission assets
CEPA appointed as part of Smith Square Partners consortium to advise Ofgem on the TR7 auction of offshore electricity transmission assets.
CEPA director presents his network charging vision to key energy stakeholders
Speaking at DCUSA Ltd’s 2020 Strategy Day, Patrick Taylor set out his views about the future of electricity charging in GB.
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.
Advice for GB energy regulator to inform its 2021-2026 price controls
We are pleased to be assisting Ofgem with economic and financial components of its Revenue=Incentives+Innovation+Outputs (RIIO-2) process.
Peer review of study into the ‘hurdle rates’ for different electricity generation technologies
The Department for Business, Energy & Industrial Strategy (BEIS) asked us to peer review a cost of capital update for electricity generation, storage & demand side response technologies.
Supporting the decarbonisation of Ireland’s electricity system
Reports published as part of the draft determination for Ireland’s 2021-2025 price control.
CEPA supports Australian distributed energy resource (DER) access & pricing conversations
The Australian Energy Market Commission engaged CEPA to identify options that could improve the integration of DER into the electricity system.
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.
Considerations for UK regulators setting the value of debt beta
UK Regulators Network publish a CEPA report on approaches to debt beta estimation and the link between debt beta and gearing levels.
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 invited to build on its existing South American links
As a result of CEPA’s increasing work in South America, one of the firm’s directors, Attila Hajos, accepted the invitation to speak at the 12th Annual Meeting of the Colombian Energy Sector.
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.
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 ...
Report for the ongoing evaluation of the New Reg process published
The Australian Energy Regulator has published a second insights report that CEPA prepared for the ongoing evaluation of AusNet Services' trial of the New Reg process.
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 impacts of digitalisation on the energy market
CEPA has been pleased to support a London School of Economics ‘Capstone’ project to explore impacts of digitalisation on the energy market.
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.
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.
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.
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.
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.
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.
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.
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.
Setting of allowed revenues for the gas transmission & distribution
As part of a consortium, CEPA advised on setting allowed revenues for Gas Networks Ireland’s (GNI) TSO and DSO businesses over the PC4 price control period.
Assessment of a regulatory framework for retail
We were asked by an economic regulator of the energy sector, to develop a framework for assessing whether their domestic retail energy market was delivering good customer outcomes.