Capabilities /

Auction strategy

Auctions

Governments around the world are increasingly relying on competitive processes for the procurement of renewables, dispatchable capacity, and energy system services. We help our clients navigate complex auction designs and define strategies that will enable them to achieve their objectives in these processes. 

Our breadth of experience advising project developers and industry players gives us a detailed understanding of the relative competitiveness of different assets in energy-related auctions. We combine this market expertise with our deep insights into economic theory, policy, and auction design to help our clients define successful strategies in the auction.

 

FIND OUT ABOUT OUR WORK

Meet members of the team

Phil Grant

Phil Grant

Partner | Energy, utilities and resources | London

"Competitive auctions are set to be a key instrument paving the way to a net-zero power sector in Great Britain. We help make sense of the commercial drivers of auction outcomes with analysis supported by our extensive market insight and a sound understanding of economic fundamentals."

Manon Derelle

Manon Derelle

Manager | Energy, utilities and resources | London

"Competitive auctions have become an essential feature of energy markets. Our team of economists and market experts has a track record of delivering strategic insights to help project developers access key revenue streams allocated through competitive auctions."

Duncan Steen

Duncan Steen

Manager | Energy, utilities and resources | London

"Our auctions work in the GB market supports clients in understanding the competitor landscape, policy drivers and detailed rules which all affect the pricing dynamics of contract allocation. Our team provides detailed insight, integrated with our market-leading power price projections, covering auctions for renewables, the capacity market and ancillary services."

Pavlos Trichakis

Pavlos Trichakis

Director | Energy, utilities and resources | London

"Despite the rising popularity of utility PPAs, corporate PPAs and merchant investment models, competitive renewable energy auctions still have an important role to play in meeting the Spanish long-term decarbonisation objectives. Our analysis considers the cost-competitiveness of individual projects and the supply/demand balance in a particular auction round, along with the opportunity cost for project developers of alternative route-to-market options."

Focus on your sector

Merit order analysis and auction modelling

Based on our detailed analysis of the energy sector, project costs and market fundamentals, we analyse project competitiveness, provide forecasts of auction outcomes and bespoke sensitivities.

Bidding strategy support

Our detailed understanding of economic fundamentals and auction rules enables us to help our client formulate a competitive bid, accounting for expected competitive dynamics and competitor strategies.

War gaming

We have a track record of running war gaming workshops with senior stakeholders in client teams to prepare them for the day of the auction. Following the live simulation of the auction, we analyse expected dynamics based on the workshop outcomes and advise on optimal strategies.

Commercial advice

We support our clients in their commercial decision making, helping them access complementary revenue streams, compare alternative route to markets, or navigate and influence the regulatory landscape