As operation of an electricity market can have great impacts on market participants, abilities of stakeholders to navigate through the market mechanism play an important role in ensuring that their objectives are met. In addition, the fast changing nature of the electricity sector brings about both risks and opportunities.
This is where Power Insight's expertise comes in. With its deep experience of more than 25 years, Power Insight is well placed to advise you of the optimal strategy for navigating through both under current and future landscapes of the industry.
For example, the Director of Power Insight has played a major role in delivering the Essential Services Framework for the Northwest Interconnected System (NWIS) of Western Australia. He was also an active participant of market design forums in the Wholesale Electricity Market (Western Australia) and has made major contributions to the current design of the market. In addition, he has previously advised a new entrant windfarm in its market entry strategy in the Western Australian electricity market.
Power Insight offers financial modelling services on matters relating to electricity markets.
Its strong expertise in advanced financial modelling and data science, in conjunction with its solid experience in electricity markets, have been proven to provide valuable insights.
For example, Power Insight's experience has assisted a major stakeholder in the Wholesale Electricity Market (Western Australia) in assessing the impact of a market reform program, leading to a significant positive benefit in its $250M portfolio.
Power Insight is also highly experienced in managing commercial positions of stakeholders in the electricity sector. Services it offers include PPA negotiation support, energy procurement services and energy supply/consumption optimization assessment.
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