People
Anthony Tricot
Director
Anthony has significant experience advising companies, investors, regulators and governments worldwide on the design of markets and the incentives for infrastructure to support the energy transition.
Anthony Tricot is a Director at CEPA, specialising in energy market design. He is an economist and policy advisor with 18 years of experience working across Government and industry.
Anthony is passionate about helping clients understand the implications of the energy transition to Net Zero for governments, utilities, and investors across a range of countries. This has included:
- Subsidy design: Anthony led the economic feasibility assessment of small modular reactors for the Department for Energy Security and Net Zero and has supported it on the design of its emitter business models within its Carbon Capture Utilisation and Storage programme.
- Market design: Anthony has supported a range of major utilities, including Orsted and National Grid, on market design issues around the Government’s Review of Electricity Market Arrangements – including whether the UK should adopt locational pricing and making support arrangements for new infrastructure fit for purpose.
- Regulatory due diligence: Anthony has advised on a wide range of energy and water sector transactions – providing due diligence on market structure, how existing arrangements are expected to evolve and the commercial implications for investors.
- Power price modelling: Anthony launched EY’s power price forecasting capability for Europe – capturing the fast-changing dynamics of a market with high levels of intermittent renewable generation.
- Market reform: Anthony has supported on major market transformation projects – including supporting ESB on redesigning its operating model ahead of ISEM implementation and advising UAE on liberalisation of its onshore oil and gas networks.
- Networks: Anthony has supported on price control submissions in the energy, water and transport sectors and has led projects for the UK Government and industry considering how network expansion can be better designed and financed in the future to support decarbonisation.
Prior to 2014, Anthony spent 8 years in the Government Economics Service – including as the design lead for the UK’s Electricity Market Reform at the Department of Energy and Climate Change, designing the market framework and incentives for generation capacity and demand side response.
Anthony studied Politics, Philosophy and Economics at Oxford University and holds a Masters in Economics from University College London.
