Energy & Utilities Consulting Industry Impact Assessments
We developed models for a water company linked to the potential opening of the Sector based on the Water White paper. This included the derivation of a transparent price discount that could be justified to the potential customer and Regulator for the further opening of the Water Supply Licence market for non-domestic customers from 50 mega litres (ML) down to 5 ML.
Regulator - Engage recently completed an independent study for Ofgem and the gas Performance Assurance Workgroup which identified and quantified current and future risks to fair and equitable gas settlement between shippers. The project involved analysing the Nexus business process requirements (detailing significant changes to gas settlement processes from 2015), relevant modifications and UNC legal text and building a dynamic model to simulate future gas settlement processes. The model quantified each risk identified by using industry data and applying relevant statistical distributions. The final report ranked the severity of each risk and will help shape development of gas performance assurance targets.
Trade Association - Developed a Cost Benefit Analysis model to allow the economic assessment of the proposed smart meter additional functionality.
Electricity Company - Produced a business case and CBA that considered 16 different implementations scenarios for the continued roll-out of smart metering.
Meter Manufacturer - Developed a smart meter functionality evaluation model that allowed the international meter manufacturer to identify potential clients and relevant incremental additional costs and link these to a broad suite of potential benefits, that could be defined and evaluated over a 20-30 year period.
Water Research Organisation - Developed a CBA model for to assess the impact of deploying Reduced Flow Devices.
Regulator - Engage reviewed and updated assumptions regarding Costs and Benefits linked to P272 (Proposal to introduce half-hour settlement to Profile Classes 5 – 8 in GB Electricity market). Our consultants built a Cost Benefit Analysis model based on Monte-Carlo Simulation approach to provide appropriate insight into the risk and uncertainty implicit in this change.
Water Company - Developed models for a major Water and Waste water company linked to the potential opening of the Sector based on the Water White paper. This included the derivation of a transparent price discount that could be fully justified to the potential customer and the Regulator for the further opening of the Water Supply Licence (WSL) market for non-domestic customers from 50 mega litres (ML) down to 5 ML.