Improving markets, regulation, and sector structure
For investors and asset owners,
we advocate market designs that will enable investor returns while serving the public interest. We help them comply with regulations set by competition authorities, protect themselves from market manipulation, and profit from sector transformation caused by disruptive technologies and regulatory changes
For international agencies and governments,
we design markets for vital public services, Design regulation to control monopoly power and to limit negative externalities , and transform sector performance through appropriate policies and sector designs.
Sectors
Reforming Bermuda’s Electricity Sector Overhaul
Castalia led a comprehensive advisory that reformed Bermuda’s electricity sector, created a new Electricity Sector Policy and the New Electricity Act, a Fuels Policy, and allowed completing its first Integrated Resource Plan and procuring the first large-scale solar PV project ... Read more
National Ports Regulator Technical Assistance, Vanuatu
Castalia established the rationale for economic regulation of ports in Vanuatu, along with the framework of the regulating agency. The Government of Vanuatu did not have the institutional capacity to regulate the economic activity of its ports and manage the ... Read more
Jamaica Water Policy and Rural Water Strategy
Castalia drafted Jamaica’s Water Policy and Rural Water Strategy. Jamaica needed to make its water supply sustainable through: developing Integrated Water Resource Management approaches; ensuring cost-recovery; enabling private investment and competition; and using optimal technologies for rural water supply ... Read more
Review of Capital Expenditure Guidelines for Electricity Distributors, Australia
Castalia showed how Australian Energy Regulator’s guidelines for capital expenditure reviews would increase risk for distribution businesses. Five private electricity distribution companies wanted to be sure the new guidelines embodied best regulatory practice ... Read more
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
Christchurch Airport Price Review, New Zealand
Castalia developed a building blocks model to assess efficient costs of Christchurch Airport’s new terminal. We proposed prices that the airport should charge airlines to recover the cost of the new terminal facility. Christchurch Airport was investing in a new ... 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
Water Resource Regulatory Framework, Philippines
Castalia defined water allocation principles for the National Water Resources Board in the Philippines that were socially acceptable and economically efficient for both urban and agricultural users. The National Water Resources Board (NWRB) is the agency responsible for regulation of ... Read more
