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Consortium acts on the completed transfer of an offshore transmission link

CEPA is proud to have been part of the Smith Square Partners' Consortium that acted on the £666 million completed transfer of Moray East offshore wind farm transmission link.

Owner/operator of Ireland’s gas network receives decision about its allowable revenue

The Commission for Regulation of Utilities, Ireland’s independent energy and water regulator, has published its decision about Gas Networks Ireland’s (GNI) current price control, which sets out the revenues GNI can collect from its customers over a five-year period.

£573 million transfer of Triton Knoll offshore wind farm transmission link completed

Ofgem has announced its confirmation to grant an offshore transmission licence to ETEPCO (a consortium of Equitix Ltd & TEPCO Power Grid Inc).

Commission for Regulation of Utilities Price Control 5 consultation published

Our reports on Irish gas network revenues and incentives have been published by the Commission for Regulation of Utilities.

Transfer of Hornsea Two offshore wind farm transmission link

CEPA, as part of Smith Square Partners Consortium, acts as financial adviser to Ofgem on the £1.14bn completed transfer of Hornsea Two offshore wind farm transmission link from Ørsted to Diamond Transmission Partners.

Tender process for the sale of three offshore wind transmission assets with a combined value of c. £2 billion is launched

A consortium, consisting of CEPA and four other leading advisory firms, is acting as financial adviser to Ofgem for the OFTO Tender Round 10 process.

Ofgem publishes its RIIO-2 Final Determinations for the GB electricity distribution sector

We are proud to have been working with Ofgem on important elements of the RIIO-ED2 price control, which will run from April 2023 to April 2028.

CEPA collaborates to advise about the selection of offshore transmission owners (OFTOs)

Continuing our co-operation with other specialist advisors in a consortium, we are pleased to provide further expert financial and economic advice to Ofgem under a new four-year contract for offshore electricity transmission assets.

Smith Square Partners’ Ofgem consortium; TR7 preferred bidder for first asset announced

Ofgem, the GB energy regulator has announced the identity of the preferred bidder for the offshore wind transmission asset connecting the Triton Knoll wind farm to the Lincolnshire coast.

Evaluation of New Reg trial in Australia released

The Australian Energy Regulator has published our independent evaluation of a trial, to deliver better outcomes for consumers through network consumer engagement and regulatory innovation.

Ofwat outlines its initial views about the Price Review frameworks for 2024 (PR24) and beyond

The regulator of the water sector in England & Wales has published a consultation response, which discusses its high-level ideas for maximising the potential of price reviews to help the sector create value for customers, communities, and the environment.

Independent review of water affordability

CCW, a body that represents water consumers in England and Wales, has published its review of the affordability support for financially vulnerable water customers.

Ofgem publishes its RIIO-2 Final Determinations

We have been supporting Ofgem with its review of the responses to the Draft Determinations for the electricity and gas transmission and gas distribution sectors, and the electricity system operator.

Consortium appointed to advise on the auction of offshore electricity transmission assets

CEPA appointed as part of Smith Square Partners consortium to advise Ofgem on the TR7 auction of offshore electricity transmission assets.

CEPA director presents his network charging vision to key energy stakeholders

Speaking at DCUSA Ltd’s 2020 Strategy Day, Patrick Taylor set out his views about the future of electricity charging in GB.

How best to measure water poverty

Water UK publish the Measuring Water Poverty using a bills to income metric report that we prepared for them.

Advice for GB energy regulator to inform its 2021-2026 price controls

We are pleased to be assisting Ofgem with economic and financial components of its Revenue=Incentives+Innovation+Outputs (RIIO-2) process.

Supporting the decarbonisation of Ireland’s electricity system

Reports published as part of the draft determination for Ireland’s 2021-2025 price control.

CEPA provides analysis for the New Appointments & Variations Regime in the water industry

Ofwat, the economic regulator of the water sector in England & Wales, has commissioned CEPA to analyse bulk charges for the New Appointments and Variations (NAVs) Regime.

CEPA helps to define water poverty, understand future pressures & appraise UK water companies’ efforts

CEPA supports UK Water Industry Research with their work designed to help decision makers and water companies in making water and sewerage bills affordable and their ambition to achieve 'zero customers in water poverty by 2030'.

Water poverty drivers & metrics in the UK

UK Water Industry Research (UKWIR) will host the launch of a new report, which is designed to support decision makers and water companies in the UK.

Considerations for UK regulators setting the value of debt beta

UK Regulators Network publish a CEPA report on approaches to debt beta estimation and the link between debt beta and gearing levels.

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 ...

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.

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.

Capacity Auction Monitoring in Ireland & 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).

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.

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. 

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.

Enabling flexibility in the GB electricity market

The advice provided to a GB electricity distribution company in relation to smart networks and flexible energy systems helped our client advance their position with the regulator and government.

Thames Tideway Tunnel & the cost of capital

In 2015, Ofwat awarded the licence for the Thames Tideway Tunnel. As part of the announcement, Ofwat stated the cost of capital that will apply during the construction period of the project (the 'bid WACC') would be 2.497%.

Merger support in the water sector

CEPA supported Ofwat in the CMA inquiry into the merger of South West Water and Bournemouth Water.