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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