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Energy: Energy markets

Well-designed wholesale energy markets should give stakeholders the right signals to participate.

In practice, creating such markets is difficult. As a remedy, some countries have introduced various mechanisms into their electricity markets to encourage competition and investment in new capacity, as well as low-carbon technologies.

These interventions create both risks and opportunities. For example, risks arise from greater complexity, while new revenues streams offer opportunities for investors. Meanwhile, increasing LNG flows are creating a more global gas market, with growing interactions between previously isolated markets. Interactions are also rising between gas and electricity markets, with gas-fired generation often used to manage intermittent generation, such as wind and solar.

We have an in-depth understanding of wholesale energy markets, having worked on numerous assignments over the years, including the analysis of security of supply and the introduction and development of capacity markets in the US, UK, the island of Ireland and South East Asia. Whether you are a government department, a regulator, an investor or a project developer, CEPA can advise you on issues such as:

  • design of a capacity market;
  • electricity and gas market modelling;
  • market entry and bidding strategies;
  • auctions and tenders;
  • contracts for difference;
  • cross-border arrangements; and
  • market restructuring and unbundling.

Our key contacts for our Energy practice are...

If you would like to talk to someone regarding our experience in this sector please contact our experts.

View the Energy team
Jonathan Mirrlees-Black
Managing Director – Asia Pacific Australia

Energy News & insights

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