CEPA has a respected energy practice which has been involved in many of the issues that affect energy production, transportation and distribution. Our work covers issues including network regulation and competition, market design, infrastructure pricing and the economic and policy basis for low carbon energy, with our projects broadly spanning the sector. We address questions such as:
- Are energy companies operating in competitive markets, or can they exercise market power?
- How should energy companies be regulated?
- What prices should energy companies be allowed to charge?
- What returns should energy companies be allowed to make?
In the UK, our public sector work includes Electricity Market Reform and Feed-In Tariff support to DECC, and support to Ofgem on price control reviews, onshore and offshore transmission and its overall approach to regulation. In the private sector, we have worked for three of the UK’s six major energy suppliers and with many different network companies and users.
We have also worked extensively on energy sector issues internationally. This has included work with regulators, companies and major consumers in Australia and New Zealand, and support for regulators in the Netherlands, France and Belgium. We have advised the Government of Portugal on the appropriate cost of capital and independent power producers in Africa on generation issues. In addition, we have advised on the fixed costs of a Best New Entrant in the Single Electricity Market in Ireland and worked with EirGrid on its last price review. We have also worked extensively on gas pricing and tariff design issues across the island of Ireland.
Our energy practice team is comprised of core staff with many years of experience in energy issues. They come from backgrounds including finance, public policy, economic regulation and infrastructure financing, particularly in emerging markets. Our Chairman is the former head of the Electricity Policy Research Group at Cambridge University and one of our non-executive Directors is the former chair of the Governing Board of the International Energy Agency. We can also draw on a wide range of experienced Senior Advisors.
We work extensively in the energy sector, working with regulators, regulated companies and other stakeholders. Clients include but are not limited to:
- Department of Energy and Climate Change (DECC)
- Independent Pricing and Regulatory Tribunal (IPART)
- Agency for the Cooperation of Energy Regulators (ACER)
- EdF Energy
- Energy Users Association of Australia
Some of our key projects in energy are: