Energy experts of Compass Lexecon advised the pan-European electricity industry association, Eurelectric, on a market design reform study in Europe for the transition to a net-zero economy by 2050. The dramatic electricity price increases in Europe in the past years...

In early March 2023, Voltalis completed a significant investment of nearly €100 million in order to equip 400,000 homes with smart management of electricity consumption. Smart management allows households to better monitor and control their consumption, thereby enabling them to...

Europe’s ambition to fast-track the decarbonization of its economy requires a strong and predictable carbon price signal. The recent surge in European carbon prices level and volatility and the growing activity of financial players has sparked a debate about the...

Compass Lexecon advised innovation fund, Sitra, on an approach to achieve the Finnish decarbonisation targets as smoothly and cost-efficiently as possible. Based on quantitative energy and power system modelling and qualitative engagement with key stakeholders across the Finnish community, we...

On 21 September 2020, the European Commission ("EC") adopted the revised European Emission Trading Scheme (ETS) State Aid Guidelines aimed at reducing the risk of carbon leakage related to indirect ETS costs (through electricity prices) for the next phase of...

Compass Lexecon advised the Lithuanian Transmission System Operator LitGrid on the design and market rules of the Capacity Market in the electricity sector. The Lithuanian Capacity Mechanism (“CM”) will be the first in the Baltic States. To ensure the security...

In 2017, the joint Compass Lexecon and FTI Consulting Energy team provided economic advice to the Polish transmission system operator, PSE, in the European Commission State aid investigation of the planned Polish capacity market. Based on our proprietary European power...

In 2017, the joint Compass Lexecon and FTI Consulting Energy team supported TERNA, the Italian TSO, in preparing for the State aid review of the Italian capacity market (CM) – a reliability option mechanism – by the European Commission. We...

Compass Lexecon provided economic support to EDF in the context of EDF’s proposed takeover of New NP, a 100% subsidiary of Areva NV which houses Areva Group’s nuclear reactors business. We evaluated the potential for vertical foreclosure of the transaction...

In July 2016, the European Commission ("EC") approved the transaction by which EPH, a Slovakian energy Group, acquired a controlling share in Sloveske Elektrane (“SE”) from Enel SpA for €375 million. SE is the successor to the former state monopoly...

In 2014 and 2015, the joint Compass Lexecon and FTI Consulting Energy group implemented a series of studies for the Greek generator PPC on the design of the Capacity Remuneration Mechanism and the design of the power market in Greece....

In January 2015, the European Commission ("EC") decided that the £16 billion support scheme of the UK Government to EDF Energy was compatible with EU State Aid regulation. The UK government had provided support of a proposed Contract for Differences...