The gas supply chain is undergoing a transformation driven by decarbonisation across the energy sector. This transformation creates challenges for producers, traders, consumers and operators of regulated and unregulated infrastructure assets.
We have extensive experience of analysing gas markets and networks. We have conducted security of supply assessments, helped design gas network charging arrangements, assessed the economics of key gas infrastructure assets, and evaluated the impact of European network codes.
We understand the challenges posed by the transformation of the sector. This includes the depletion of mature gas fields and the development of new supply sources such as shale gas, the growing global availability of LNG supplies, the increasing interest in biomethane, hydrogen and carbon capture and storage and the increasing need for flexibility in the gas and electricity sectors.
At CEPA we use sophisticated, global gas market models, robust economic theory and the in-depth sector knowledge of our team to assist our clients to navigate these challenges.
Examples of recent work include:
- a study into the impacts of applying equal charging treatment with storage for bi-directional interconnection points for a gas interconnector;
- a study on the cost effectiveness of a range of technological solutions in abating greenhouse gas emissions (GHG) in the power sector for a private-sector company; and
- a systematic review of the risks to gas security of supply within the GB market over the next 20 years for the Department for Business, Energy and Industrial Strategy (BEIS).
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.
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.
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.
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.