We are highly experienced in regulatory policy and have a deep understanding of the regulatory environment in which power and gas utilities operate today. We are advisors to energy regulators in UK and Ireland, where our staff have played key roles in major industry restructuring and wholesale liberalisation programmes.
We have performed similar work for other European regulators and UK government departments. For example, we advised DECC (now part of BEIS) on the design of the FiT CfDs and surrounding arrangements as part of the EMR programme. We also acted as trading advisors to HMT on the post-comissioning terms for the new nuclear station at Hinkley Point.
Our key services include:
ESP Consulting has extensive experience working with governments and regulators in areas of market and industry reform, including policy design as well as programme and project management. Since the launch of ESP Consulting, most of our work in this area has been focussed on the United Kingdom and the SEM/I-SEM market region comprising both the Republic of Ireland and Northern Ireland. However, our senior practitioners bring extensive further experience from previous employments with leading consultancies and industry participants covering a wide range of Europe markets as well as further afield (Australia, Brazil, South Africa and several Asian countries).
Our experience in this area includes:
Our senior staff have, on several occasions, advised governments and regulators on the design and implementation of new markets. For example, over the past four years we have been continuously engaged on the design and implementation of the new power market spanning the Republic of Ireland and Northern Ireland. Our experience includes:
Our staff bring particluar expertise in the area of design of vested contracts, from both our work as part of ESP Consulting and previous employments. This experience includes: