Energy

CRA understands both the engineering and economic aspects of energy markets and networks. We combine this with world leading expertise in the environmental policy area, including climate change.  Combined with our experience with both wholesale and retail markets, we have a unique insight into the commercial, policy and pricing issues in this sector.

Our team has in-depth familiarity with the design, operation and governance of Asia Pacific and global energy markets and has provided advice on planning, policy and strategic issues, including electric industry restructuring and market design, energy reliability and planning, energy procurement, contract negotiation, tender evaluation, mergers and acquisitions, and regulation. Our experience includes demand side programs, metering, pricing analysis, network congestion management, contract design, evaluation and negotiation, investment analysis, full retail competition, industry performance measurement and benchmarking, auction design and implementation and model design, development, optimisation and certification / audit.

Our consulting services include commercial and strategic advice in asset valuation, product and service development, power procurement, and the development of transition and risk management mechanisms. We have also extensively advised government, regulatory and private entities on the policy, regulatory and business aspects of privatisation in the electricity and natural gas industries.

CRA’s proprietary energy market models have been used to value assets, evaluate the cost effectiveness of policies, design market power mitigation mechanisms, evaluate contract portfolios, test transmission constraints and evaluate market efficiency