How LCP specialists delivered bottom-up modelling of the electricity market to assess investment dynamics in a reformed energy market.
My name is Chris and I am a Partner at LCP, with 10 years' experience specialising in the modelling and analysis of electricity markets.
My role is to help our clients understand the challenges and opportunities facing electricity markets, through the use of innovative modelling and in-depth industry knowledge.
I have worked with a range of clients in the UK and internationally, leading projects with government, system operators and various industry participants.
LCP are able to use technical knowledge to appropriately communicate relevant information to aid decision making.
How I have helped our clients
In 2018 National Grid commissioned LCP to develop an approach to calculating the incremental EFCs (equivalent firm capacities) for wind and solar plants, with a view towards setting deratings for their participation in future capacity auctions.
Suspension of the GB capacity market
In this briefing, we provide the context behind the recent General Court of the EU ruling on the standstill period on the GB capacity market and the implications to the system as a whole.
Review of the third GB capacity auction
In this publication, in conjunction with Frontier Economics, we examine the electricity market reforms, and comment on potential areas for concern going forward.
Review of the second GB capacity auction
In this publication, in conjunction with Frontier Economics, we examine the results, and comment on potential areas for concern going forward.
Review of the first GB capacity auction
In this publication, in conjunction with Frontier Economics, we review the impact of the first GB capacity auction.
How I can help
We can help our clients with a wide range of issues from whole system modelling to individual power plant and policy impact analysis.Discover more
Strategic advice aimed at maximising the benefits and minimising the risks associated with the Capacity Market and Contracts for Difference.Discover more
We provide detailed forecasts of the GB and Irish power markets, using our EnVision modelling framework. This can provide both short-term and long-term forecasts of all key system metrics, from system wide to individual assets.Discover more
Our understanding of market dynamics and modelling experience allow us to offer evidence-based recommendations on complex policy and regulatory issues that allow fully informed decision-making.Discover more
We combine bottom-up unit-level modelling with market and policy insights to quantify the value and understand the risk associated with any generation asset.Discover more