In this blog, Rajiv focuses on the modelling behind storage investment decisions and how an approach rooted in market fundamentals could have helped.
I lead the development of new market offerings in the Energy Analytics team.
I work closely with clients and organisations across the energy market to understand their needs, and ensure our products and services deliver meaningful impact to businesses. This requires engaging regularly with industry and staying on top of the latest technological advances.
The energy market is complex, from a policy, operational and data perspective. Making decisions in this dynamic environment is becoming more difficult – from understanding the likelihood of a revenue stream in 20 years to predicting wind outturn in the next hour. I particularly enjoy building products that tackle these complex decisions and distil them into clear, actionable and interactive visualisations, leaving clients able to focus on using their expertise to make decisions.
As we develop all of our products ourselves, I also supervise our development teams to ensure our products are robust, scalable and user-friendly.
I have a background in software development, data integration, artificial intelligence and energy consultancy.
LCP are able to use technical knowledge to appropriately communicate relevant information to aid decision making.
Our latest thinking
In this publication, in conjunction with Frontier Economics, we examine the electricity market reforms, and comment on potential areas for concern going forward.
In this publication, in conjunction with Frontier Economics, we examine the results, and comment on potential areas for concern going forward.
In this publication, in conjunction with Frontier Economics, we review the impact of the first GB capacity auction.
How I have helped our clients
How LCP specialists delivered bottom-up modelling of the electricity market to assess investment dynamics in a reformed energy market.
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.
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