Advice on Electricity from Economic Consulting Associates


ECA has been advising regulators, governments, investors and international finance institutions since its start in 1997. We apply economic principles and industry knowledge with best international practice, complemented by a rigorous quantitative capability to advise on all key aspects of electricity markets.

Our expertise includes the development of regulatory frameworks, setting of tariff levels and structures, designing markets and associated market rules and conducting due diligence studies.

Our work also covers modelling of power dispatch, market price simulations, and risk analysis. Over recent years we have strengthened and developed our experience in rural electrification power delivery mechanisms.

This includes developing rural electrification master plans, reviewing the economics of different business models and identifying barriers to private sector participation.



Northern Ireland electricity network pricing

The objective of the assignment, for the Utility Regulator of Northern Ireland, was to identify and model the impact of network charges and their impact across different customer groups in different jurisdictions (Republic of Ireland, Great Britain and Northern Ireland) in order to aid policy debate in relation to tariffs and associated levies.

Bulgaria electricity sector review

Following the major crisis in Bulgaria’s power sector, which was a prime factor in the collapse of the Government of Bulgaria in February 2013, ECA was contracted by the World Bank at the request of the caretaker government to review the major problems in the power sector and provide policy advice.

CCL exemption for renewables in UK

We advised Ofgem on potential changes to their guidance relating to renewables generators located outside UK who seek accreditation for Levy Exemption Certificates (LECs).

UK price control review analysis

ECA helped with a non-standard price review for Ofgem, to consider the issues arising from government policy for the comprehensive introduction of smart meters for gas and electricity to UK households for the dominant provider of traditional gas meters.

Electricity tariffs, Swaziland

The Swaziland Energy Regulatory Authority sought assistance in developing a tariff support mechanism (subsidy framework) and a connection charge policy for Swaziland. The study for the subsidy framework included the design of the subsidy scheme, the financial and the economic impacts and an implementation plan. The study for the connection charge policy defined the process of applying for new electricity connections, set a methodology for determining connection charges and provided a governance structure to deal with future developments.

Blueprint for power reform, Nepal

ECA was contracted by the World Bank to advise on a plan for helping Nepal attract investment in the power sector to meet domestic demand and for export to India.

Peru electricity Masterplan

ECA participated in this study, led by Mercados de Energía Consultores, by providing a international best practice insights of the structuring and organisation of energy planning. We assessed the structure of the planning process and its governance in the UK, Brazil, Colombia and Chile, with particular emphasis on the distribution of planning responsibilities among public entities and the participation of market participants in the process.

Net metering, Sri Lanka

ECA was engaged by IFC to carry out a comprehensive market assessment of the net metering based rooftop solar PV market in Sri Lanka. The study provided a complete picture of the current market and the growth potential for various stakeholders, with the intention of facilitating the development of the market in a more sustainable manner.

Mining as an anchor for power sector development in Africa

The Africa Power & Mining study, for the World Bank, sought to investigate options for the mining sector to become more reliant on the national grid for its power needs, thereby opening up options for exploiting large generation options with economies of scale and strengthening the national transmission system. The goal is to reduce power costs for the mines, while at the same time increasing the availability of power for the nation as a whole. The study included case studies of 8 countries (Guinea, Mauritania, Mozambique, Tanzania, Cameroon, DRC, Ghana and Zambia). The World Bank published a consolidated report that included other research entitled The Power of the Mine.