The global energy sector faces notable change. From the decline of traditional thermal energy sources to the rise of renewables and the need to decarbonise heat and transport, the sector is now characterised by material technical change, significant policy shifts by Governments and new forms of trading and financing. Consumption patterns are also altering as society and new communications technologies evolve, presenting opportunities such as automation, smart systems and electric vehicles.
Changes to the market rules are required to coordinate and maximise the benefits from these changes. Governments need to get the balance right between rewarding generating capacity, reducing demand and encouraging interconnectors to ensure security of supply. Private companies seeking to build and fund new energy facilities (nuclear, wind, solar) need to understand the complex policy, legislative and regulatory requirements to deliver sustainable, affordable and secure energy supplies.
The sector’s infrastructure represents long-term and capital-intensive investments. Decision-making and execution of strategy therefore requires a deep understanding of the energy sector and a detailed appreciation of the policy, regulatory and economic context.
Steer is able to support international institutions, government departments, national regulatory authorities, utility companies and investors in a number of ways. From supporting the establishment, strengthening or reform of liberalised energy markets and the regulation of the network monopoly elements to formulating effective policy objectives and helping understand the implications for your business of policy decisions we’re here to help.
Our energy and utility experts have a long history of successfully supporting both public and private sector clients on complex policy, market design and regulatory issues. We have particular expertise in policy development, evaluation and implementation, and in creating regulatory frameworks to deliver energy and utility policy objectives. We have a wealth of experience in market design and the principles of competition law and its practical application. We specialise in providing economic advice, having been involved in various price control assignments, both for regulators and regulated utilities. We are experts at conducting workshops, seminars and presentations with stakeholders and articulating clearly in detailed reports. More broadly, we are experienced at building capacity in both national regulatory authorities and private sector entities.
This deep sector experience, coupled with in-depth specialist economic skills and practical experience, means we can provide clients with clear and compelling advice on the full range of energy and utility strategy, policy and regulatory issues that they currently face.
Our core offer includes:
Yes, you are in the right place. After 40 years, we have changed our name from Steer Davies Gleave to mark our growing international footprint and our expanding portfolio into sectors beyond transport.
Explore our new website to learn more about Steer: who we are, how we work and what our future holds.