Energy, Power & Products

We provide valuable insight and clarity on the functioning of regulatory frameworks and the impact of changes to these regulations. Our analysis is particularly relevant as energy markets go through a period of profound transformation, with the growth of intermittent generation sources, new storage technologies, flexible demand and decarbonized gases. Our expertise includes wholesale market rules and design, clean energy support schemes, network remuneration, tariffs design and retail markets.

Our clients seek our advice for:

• Market entry strategies: We assist clients in optimizing their return and reducing risks when entering a new energy sector or country. We help them understand the regulatory incentive, market dynamics and competitive landscape. Our expertise include low carbon generation (RES & CHP), batteries and pumped hydro, balancing and ancillary services markets, among other sectors.
• Public consultations: We have assisted clients to contribute to regulatory discussions through responses to public consultations, position papers or regulatory proposals. Our expertise includes wholesale market design topics, such as capacity mechanisms and out-of-market payments and support to renewable energy.

We provide expert witness services related to market and regulatory analysis, industry practices and standards, as well as damage valuations in commercial and investment disputes. We also assist our clients in the negotiation phases prior to or taking place in parallel with litigation procedures.

Our clients seek our advice for:

• Regulatory Disputes: Our experts provide valuable insight and clarity on the functioning of regulatory frameworks and the impact of changes to these regulations. Our expertise includes wholesale market rules and design, clean energy support schemes, network remuneration, tariffs design, retail markets and antitrust cases.
• Damages Assessment: Our experts combine financial and industry expertise to estimate damages in the context of the highly regulated energy industries. Damages in the energy sector could arise in commercial disputes (e.g. power purchase agreements (‘PPAs’), or price reviews of gas long-term contracts), but also due to changes in regulations or expropriations.

We provide customized price projections and risk assessments through a modelling suite that integrates the main elements of the electricity market (power market, ancillary services and capacity) across different timeframes (short-term dispatch and system expansion).

Our clients seek our advice for:

• Energy and capacity price forecasting: We use forward-looking models of European power markets to provide clients with a market outlook on the development of market fundamentals and its impact on power prices, including the hourly price structure.
• Asset valuation: We use our forward-looking models to estimate an asset’s future cash flows in different market segments, reflecting both the expected market and the regulatory conditions.

Our solutions cover the entire cycle of an acquisition, merger or divestment. From the evaluation of synergies and identification of operational efficiencies to post-transaction integration. We provide a 360-degree view of all aspects of the business affected by a transaction, including competitive and market assessment. We have participated in some of the most important deals in the energy sector in Spain. We provide support in mergers and acquisitions, capital raising and other strategic advice. Learn more

We help companies in the energy sector navigate their highly regulated business environments, so they can build and maintain their reputations with their primary stakeholders. We do this by applying a multi stakeholder approach to ensure that the right message always reaches the right audience at the right time. Our main areas of focus address the need for skilful communication in the context of special circumstances, dispute resolution, public affairs and regulatory issues. Learn more

We help companies navigate complex regulatory environments, successfully engage with new or multiregional markets, ensure compliance with regulatory frameworks and adapt to evolving political scenarios. We also provide consultation on market entry strategies, local laws and regulations and the procedures required for obtaining the required licences, permits, and authorisations. Learn more

When organisations find themselves facing investigations by regulators based on allegations of corporate fraud, money laundering, corruption, violation of trade sanctions, or other regulatory issues, they need to respond to those allegations in a rapid and transparent manner. At FTI Consulting, we assist our clients during all phases of an investigation, by applying forensic technologies to identify the sources and causes of any misconduct, communicating with the pertinent authorities, and applying lessons learned in order to strengthen their existing compliance programmes. Learn more