How LCP specialists helped the UK government quantify the risk of power blackouts.
We have a long history of providing innovative development solutions to modelling problems in the energy sector. Our models have a reputation for accuracy, reliability, transparency and efficiency.
We have developed modelling solutions to some of the industry’s most difficult problems, which are now trusted to provide insight into major government and industry decisions.
How we can help
We are able to leverage our modelling expertise and market insight to deliver tailored and robust solutions. We can help our clients with a wide range of issues from whole system modelling to individual power plant and policy impact analysis.
Here’s how we can help:
- Power market forecast models, ranging from short-term dispatch analysis to long-term market forecasting
- Augmenting or extending internal modelling capability to allow for new markets or policy changes
- Providing internal or external modelling websites to share assumptions and modelling results with a wider audience
- Providing stochastic modelling assumptions to feed into in-house risk modelling
How we have helped our clients
How LCP advisers helped DECC to identify technologies which can provide greatest benefits to the wide energy system.
How LCP specialists supported Ofgem in the review of complex transmission charging arrangements models.
How LCP specialists delivered bottom-up modelling of the electricity market to assess investment dynamics in a reformed energy market.
Our bespoke model development experts
Explore our solutions
Strategic advice aimed at maximising the benefits and minimising the risks associated with the Capacity Market and Contracts for Difference.Discover more
Insight into how the changing policy environment can impact businesses and evidence-based recommendations to address policy uncertainties.Discover more
From projections for individual power plants to assessing market scenarios for wholesale prices, security of supply and emission analysis.Discover more
Evaluation of investment decisions taking into account all aspects of the energy market.Discover more