Energy: Energy networks
The regulation of network companies has evolved since the 1980s and has been evolving ever since. Many regulatory agencies around the world have introduced price controls that focus on innovation, safety, security, reliability and flexibility whilst ensuring consumer views are heard and reflected in the companies' business decisions.
At CEPA, we advise regulators and energy companies on the economic regulation of distribution and transmission networks in the UK, Europe and Australia.
We are at the forefront of energy regulation, having designed and assisted with the implementation of regulatory frameworks over the years for different parts of the value chain in electricity and gas. Our team also has an in-depth understanding of network charging and tariff structures, and how these need to evolve to enable the energy system of the future.
We apply sound economic theory, with judgement and skill for the benefit of our clients. Whether we work for regulators or energy companies, we always provide independent and impartial advice - our reputation is based on this pillar.
CEPA can advise you on issues such as:
- regulatory framework design and implementation;
- financial issues and the cost of capital;
- cost assessment;
- incentive design;
- price control reviews;
- company business plan preparation;
- policy design;
- charging; and
- regulatory strategy.
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...
As more and more ageing infrastructure is being decommissioned and the appetite...
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
Energy News & insights
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 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.
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.
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.
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.
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.
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.
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.