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Central Market SUpport is aimed at parties who operate at the heart of markets
This service is aimed specifically at organisations that are responsible for establishing, directing, administering and managing markets and at consumer groups and trade organisations which lobby for market changes.

Services that Engage provide include:

Development of governance arrangements and trading and settlement rules

Design and implementation of business processes to help you manage and administer your markets. This includes a review of existing processes and organisation structures.

Development of lobbying positions and representation.

Modelling of the impact of changes to established markets

Market Analysis - Engage can help you to work out how well your market and the participants within it are performing. We can help you to set appropriate indicators and performance standards and can provide the tools to support your analysis or undertake the analysis on your behalf.

Development of assurance frameworks to incentivise market participants to comply with the rules of your market.

Provision of bespoke tools to enable you to monitor your markets and manage the business processes that support your markets.

Benefits of the engage approach

electricity market

Engage can bring its analytical expertise and 'hands on' knowledge of the manner in which the electricity market works to the companies at the centre of the electricity industry. No other consultancy in the electricity market can match Engage in terms of detailed operational knowledge and experience in monitoring the effectiveness of the market rules.

Our unique blend of analytical expertise, strategic thinking and 'hands on' knowledge of the manner in which the electricity market operates means that we understand the practical implications of the rules that you want to develop, the performance standards that you want to achieve and the governance and trading arrangements that you want to establish.

other markets

The England & Wales electricity market has led the way in terms of introducing the first truly competitive utilities market. Many parallels can be drawn between the electricity industry in England & Wales and other energy & utilities markets and many lessons can be learnt. Regulators and parties operating at the centre of other markets are therefore also able to benefit from Engage's unique expertise when it comes to developing their own markets.

See one of our case studies…

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