Governments around the world are responding to pressure to address climate change with new regulatory approaches: traditional generation assets such as coal and nuclear have seen utilisation rates fall as a result of regulatory restrictions. Other measures such as the introduction of carbon taxes and price caps further change the economics of energy business models.

Onging changes to market frameworks such as the development of local flexibility markets and the broadening of access to traditional income streams such as the Balancing Mechanism provide new opportunities, but the final shape of these changes is not yet known. In addition, proposed changes to the charging regime for network access represent a major source of uncertainty for market participants at all levels.

I work with asset and project developers to understand how the changing market environment will impact their business models. I help them to prepare for discussions with investors, clearly articulating the business case and associated risks.

I work with clients of all types to structure or re-negotiate commercial contracts. Sometimes, disputes arise, often as a result of high levels of contractual complexity, or the need to accommodate market or regulatory change. Sometimes accidents occur and assets suffer physical damage. I provide expert witness support to clients to help them sucessfully conclude either a negotiated settlement or litigation.