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SERVICES
Regulatory and economic services
Project and advisor support
Providing support to those operating in regulated energy markets. WWA are experts in regulated contracts, both multi-party and individual, and look at the commercial aspects of regulatory issues.
Market surveillance, briefings and research
Identification of assets and business opportunities in gas and electricity markets
Analysis and assessment of strategic options and regulatory requirements
Regulatory due diligence for asset purchases/sales
Support for new-build projects e.g. consents, connections, etc.
Assistance on merger clearance process
Assistance in modelling e.g. evaluating regulatory risks
Support contract negotiations for gas and power contracts (short and long term)
Understanding and developing pipeline/network agreements and related tariffs"
Education and training
WWA can give training courses to meet all needs and explain complicated regulatory and market structure issues to any audience.
Tailored individual briefings for new staff
Group training on markets and policy areas
Market reports covering countries, sectors and issues
Set-up support
Licence applications in all relevant gas and power activities
Signing up to Codes e.g. Network Code, BSC and CUSC
Support in obtaining safety case clearance
Understanding your obligations e.g. Gas & Electricity Acts, Competition Act and Licence requirements
Understanding the EU – mechanics of the EU processes, key institutions, existing law and new directives/regulations.
On-going support
Working as in-house support, WWA help companies keep abreast of the changing regulatory markets, making the most of the commercial opportunities that change brings.
Timely alerts on commercially significant regulatory and political developments at UK and EU levels
Bespoke briefings on major policy initiatives from key institutions
Representation at meetings and contract negotiations
Advice and support for price controls/licence changes
Lobbying services with UK and European regulatory and governmental authorities
Preparing draft responses to regulatory consultation documents
Raising and progressing modifications to multilateral contracts
Technical and commercial services
Performance and analysis
Reviewing asset operational data to ensure that clients understand the issues surrounding their asset purchases and identifying opportunities for future improvements.
Technical and engineering due diligence for asset purchase/sales
Assessment and review of plant output, including flexibility benchmarking
Advice on performance enhancement investments and operation
Assessment of environmental risks and liabilities impacting plant performance
Review and model plant integrity including life expectancy
Assess and advise on future capital expenditure to meet legislation and maximise plant value
O and M benchmark modelling against industry norms
Modelling and asset valuation
Undertaking modelling work on assets to provide buyers and operators with cost data, as well as identifying partners for asset improvements.
Model and value CHP/Open Cycle or CCGT configurations
Provide new build costs for different plant types
Identify suitable equipment and vendors
Assess sensitivities to optimise design and associated development risks
Model plant from development stage to withdrawal including costs, programmes, heat balances and maintenance costs
CAPEX, REPEX and OPEX requirements for distribution businesses
Project management
Project management of the team of professionals associated with new build or refurbishment projects
Negotiation and award of contracts to incumbent monopolies, such as National Grid and Independent Network Owners.
Completion and submissions of Section 36 and Section 14 application
Review of tenders and awarding of contract to successful power plant contractor
Provision of regular reporting to shareholders and other key stake holders
Ongoing meetings with interest groups such as local authorities and the Environment Agency
Support for public relations work, such as material for public open days, site tours for local councillors, etc.
© Waters Wye Associates Ltd 2007