Energy
& Utilities

Energy is not a commodity. It is a system of economic decisions.

Markets evolve. Regulation adapts. Value is engineered.

We advise generators, TSOs, regulators, and investors with economic models, regulatory insight, and institutional credibility.

Energy Value Chain Decision Framework

05

Strategic Investment & Portfolio

Capital allocation, asset optimization, and decarbonization roadmaps.

04

Contract & Risk Architecture

PPA, LNG SPA, tolling, and hedging structures across volatility regimes.

03

Market Design & Price Formation

Capacity markets, ancillary services, and cross-border flow economics.

02

Regulatory & Tariff Mechanics

RAB, incentive regulation, and third-party access frameworks.

01

Operational & Dispatch Logic

Merit order, flexibility valuation, and real-time grid stability.

Core Consulting Capabilities

Market Research & Economic Modelling

Proprietary models for price forecasting, capacity expansion, and decarbonization pathways.

  • Day-ahead & long-term price simulation
  • Capacity market & ancillary services modeling
  • Carbon price trajectory & ETS analysis
  • Demand-side response & flexibility valuation
  • Cross-border flow & congestion revenue
  • Monte Carlo risk simulation

Contract Negotiation & Structuring

LNG SPA, FSRU, PPA, tolling, and cross-border transport agreements.

  • LNG Master Sale & Purchase Agreement (MSPA)
  • FSRU regasification & storage contracts
  • Corporate PPA & sleeved structures
  • Take-or-pay & ship-or-pay clauses
  • Destination flexibility & diversion rights
  • Force majeure & change-in-law provisions

Transaction Due Diligence & Valuation

Economic, regulatory, and commercial diligence for asset and portfolio transactions.

  • DCF & IRR modeling under regulatory scenarios
  • Regulated asset base (RAB) valuation
  • LNG terminal tariff & throughput analysis
  • Renewable portfolio synergy assessment
  • Contract backlog & offtake risk review
  • Exit multiple & terminal value scenarios

Economic Regulation & Policy Advisory

Tariff design, incentive regulation, and market reform for regulators and operators.

  • RAB+ & incentive regulation frameworks
  • CRE tariff methodology & cost-of-service
  • Third-party access (TPA) & unbundling
  • Capacity allocation & congestion management
  • Renewable integration & grid stability
  • Regulatory impact assessment (RIA)

Arbitration & Expert Witness

Damages quantification and industry practice testimony in energy disputes.

  • ICC, LCIA, UNCITRAL arbitration support
  • Lost profits & DCF damages modeling
  • Fair market value under BIT & ECT
  • Industry standard & customary practice
  • Quantum expert reports & rebuttals
  • Cross-examination preparation

The energy transition is not a trend. It is a value shift.

We model it, negotiate it, and defend it — with rigor and credibility.

Begin Energy Mandate