Economic/Financial Modeling and Analyses
We develop Economic Impact Analyses documents. We have estimated the economic impact of regulations on small and large entities for the Environmental Protection Agency (EPA). We conduct economic modeling and financial analyses of conventional and renewable energy resources. As part of these analyses, we calculate cost/benefit ratios, payback periods, net present values and rates of return. We assess project competitiveness and viability. Dr. Kapur conducted economic and financial analyes of nine hydro power plants for the Kenya Tea Development Agency. She used spreadsheet based models to evaluate the economics and carbon credit potential of the hydro options.
We develop policy analyses for clients. We study the economic and regulatory impact of a policy. We analyze state level electric and gas markets, study energy industry restructuring models and assess the impact of state commission policy on these markets. We review utility policies and programs to encourage the adoption of renewable and distributed generation options by their customers. Finally, we study environmental policies/programs and impacts.
We help clients understand the difference between regulated prices based on average costs and competitive prices based on marginal costs. Dr. Kapur analyses the economics of renewable energy projects at different electricity prices and makes recommendations about pricing electricity generated by these projects. The firm has explained the functions of Independent System Operators(ISOs) and Powerpools to clients, trained managers on pricing of power by utilities and Energy Service Companies (ESCOs), and advised clients on hydropower economics and pricing.
We advise clients on how states have addressed cost recovery, allocation of costs, parity of rate of return, purchasing and hedging issues. Dr. Kapur performed a benchmark study of regulatory trends in the gas industry by researching gas purchasing and gas cost recovery issues.
We analyze societal impacts of regulation for clients. We perform studies on the impact of rules and regulations on business and assess how these regulations influence consumer choices of products and services.
We help clients understand the benefits of energy conservation programs in terms of energy savings, lower costs, increased customer loyalty and satisfaction in a deregulated environment. We have reviewed the energy conservation plans including the screening, design, implementation and evaluation of demand side management programs by utilities. We have presented testimony on energy efficiency issues.
Environmental and Climate Change Issues
We help clients understand the benefits of environmental programs and develop promotional strategies for these programs. Dr. Kapur analyzed the Clean Air Compliance plans of Midwest utilities and made recommendations based on the analysis. She performs economic analyses to study the benefits of renewable energy and energy efficiency programs in terms of the emission reduction potential of these programs and the resultant revenues. She works with agencies on economic and policy analyses of climate change issues. She helps clients reduce greenhouse gas emissions by developing markets for clean energy.
Industry Energy/Environmental Analysis
We are experienced in industry economics, production, structure, market condition energy and environment issues Dr. Kapur has participated in twenty proceedings before state regulatory commissions on economic and market condition issues related to the electric and natural gas industries. She has testified on industry demand, supply, structure and cost issues before regulatory commissions and prepared reports, studies based on economic analyses of changing industry structure. She helps clients understand economic, market structure, policy and environmental issues related to industries.
Clean Energy Technology Evaluation
We evaluate new technologies and how they affect the company bottomline in terms of costs, revenues, customer satisfaction and market penetration. Dr. Kapur analyzed a Midwest utility's integrated gasification combined cycle (IGCC) project. She judged the competitiveness of the IGCC project as compared to other options.
Integrated Resource Planning (IRP)
We assist clients with all IRP issues including forecasting, demand and supply side screening and least cost optimization. Dr. Kapur has reviewed studies on these issues for an international journal. She has presented testimony on IRP topics before utility regulatory commissions.
Dr. Kapur analyzes competitive solicitation of power by utilities to serve their customers. She helps clients identify competitive solicitation processes, delivery constraints, costs, and potential for market power. She studied the economics of utility power purchase arrangements to find out if these arrangements satisfied least cost requirements.
Mergers and Acquisitions
We perform cost benefit analyses related to the mergers of utilities. Dr. Kapur has reviewed the individual and joint resource plan modeling by utilities proposing to merge and identified the impacts of the merger.