Energy
Disruptive technologies are changing power systems globally.
We use these technological advancements to help investors and governments maximize the benefits of disruptive energy technologies. We provide regulatory, market and governance due diligence for electricity and gas sector transactions. We help governments design and implement electricity and gas sector reform, and help private parties to understand, influence and adapt to reform.
Service lines
Review of Vertical Integration between Generation and Retail in the Electricity Market, Australia
Castalia examined the impact of vertical integration in the Australian electricity market. Regulators and policy makers were concerned that vertical integration was reducing competition ... Read more
Electricity Market Security of Supply, New Zealand
Castalia advised on the optimal level of security of electricity supply for New Zealand, and how best to achieve it. Variations in rainfall and snow-melt exposed New Zealand’s hydro-dominated electricity system to risk of energy shortages ... Read more
Standard Management Contract for Water and Electricity Utilities
Castalia developed a standard contract and bidding documents for performance-based management of utilities. Water and electricity utilities in emerging markets often suffer from poor management. A standard utility management contract makes it easier to bring in specialist management teams to ... Read more
JIRAMA Power Sector Fiscal Management Tool, Madagascar
Castalia developed a fiscal management tool to help the Government of Madagascar monitor and manage fiscal risk in the sector. The government was subsidizing JIRAMA to keep it operating, while the utility was building up arrears and unable to finance ... Read more
JIRAMA Power Sector Turnaround, Madagascar
Castalia financial and operational turnaround plan for JIRAMA, the national power utility in Madagascar. JIRAMA was losing around US$160 million per year, and unable to extend service across the country ... Read more
Review of Electricity Retail Competition in Victoria, Australia
Castalia recommended regulatory and policy measures to boost competition in electricity supply for the State of Victoria, Australia. Electricity prices were rising, and with just three companies dominating the market, there were concerns that competition might not be effectively minimizing ... Read more
Fund Financing Energy Efficiency and Small-scale Renewable Generation, Barbados
Castalia designed the Energy Smart Fund to help households and businesses invest in energy-saving technologies, solar water heaters, and small-scale solar PV systems. The cost of electricity was too high in Barbados. Installing solar systems and energy efficient technologies could ... Read more
Market Analysis and Regulatory Due Diligence on ACWA Bid, Philippines
Castalia performed market analysis and regulatory due diligence on ACWA Power’s bid for majority holding in the Masinloc power plant. The Philippine’s energy market is a complex mix of wholesale spot market prices and long-term power purchase agreement type contracts ... Read more
