Ofgem Case Study

Discover how we partnered with Ofgem to navigate complex regulatory challenges, ensuring fair and robust price control mechanisms for electricity and gas networks. Learn how our expert insights on financeability and WACC delivered remarkable results and contributed to industry-defining decisions.

What the Client Needed?

Ofgem sought expert support to navigate the complex challenges of determining fair and balanced price control mechanisms for electricity and gas network companies in the UK. A key aspect of this work involved ensuring that the price controls were robust, financeable, and defensible against industry scrutiny and legal challenges.

How we Helped them?

Price Control Financeability and WACC

PJ has supported Ofgem across price controls projects for over 6 years, leading Ofgem’s consideration of the impact of price controls on the financeability of electricity and gas network companies in the UK.

I was delighted that MCC's work was completed on time, and within budget, helping us deliver important changes and improvements, to the benefit of our stakeholders. ​ MCC's report is published on the CCC website.

- Bea Natzler
Team Leader at Climate Change Committee, UK

I am delighted to recommend MCC Economics. Specifically, I worked closely with PJ, who helped us with our Nuclear and CCUS projects. PJ helped us develop new policies and answer questions from our stakeholders. ​​His support helped us deliver important changes and improvements, to the benefit of our stakeholders.

- Gordon Hutcheson
Head of Nuclear Policy at Ofgem, UK

MCC Economics has helped us better understand the most important issues for our stakeholders, including: charges, shareholder returns, debt payments and inflation impacts.

- Leila N. Nasr
Section Head at Department of Energy, Abu Dhabi