E3: Energy+Environmental Economics
Expertise    |    Energy Markets and Financial Analysis
Sample Projects

E3 works with independent power producers and technology developers to value assets in markets throughout North America. E3’s intimate knowledge of North American power markets stems from our decades of experience working directly with key decision-makers at electric utilities, regulatory commissions, independent system operators and project developers. Spanning regulated utility and energy markets, carbon and transmission, E3 provides robust analytics grounded in economic and regulatory scenarios to support investment, contracting and bid evaluation decisions to help clients maximize the value of their assets.

Our energy market services include:

  • Wholesale market rules and bidding strategies
  • Levelized costs and cost-effectiveness
  • Energy, capacity, and ancillary service market price projections
  • Impacts regulatory changes on market prices and asset values
  • Impacts of renewable energy penetration on market prices and system integration costs
  • Carbon markets and the impact of carbon regulation on energy markets
  • Impact of non-carbon environmental regulations
  • Support identifying and effecting market rule changes
  • Impact of tax and incentive policies on asset values
  • Energy storage dispatch and market co-optimization modeling
  • Sensitivity analysis and scenario modeling
  • Advanced statistical, stochastic and neural network modeling with large data sets
Contact: Ren Orans or Arne Olson

Generation Asset Valuation and Market Strategy. E3 has provided market strategy, market price forecasting and asset valuation services for a wide variety of Independent Power Producers and utility clients including Calpine, Sempra, Energy Capital Partners, Aeolis Wind and VantagePoint.

Confidential Asset Owner, Regulatory and Policy Risk Assessment. E3 was engaged by a large western asset owner to review the potential impact of California energy policy initiatives such as carbon dioxide “cap-and-trade” on its fleet of generating assets. 

Confidential Asset Owner, Power Plant Acquisition. E3 was engaged to support a confidential asset owner in its analysis of a potential gas-fired power plant acquisition in the Pacific Northwest. 

Confidential Electric Utility, Financial Analysis. E3 performed a financial analysis of the purchase of an ownership interest in an existing coal-fired power plant, including an assessment of market risk, contract risk, and potential CO2 regulation risk, for a confidential electric utility.

Hydrogen Energy International Business Plan. E3 assisted the developer of an integrated gasification combined-cycle project to put together a project development plan that takes account of California’s intricate regulatory process and procurement practices.