What is unique about the EY GB Power Market Model?
The model provides a market-leading capability to better support EY clients:
The EY GB Power Market Model takes a robust and quality-assured approach to power price forecasting, using market-leading PLEXOS® software, whilst leveraging the wide breadth of knowledge and access to information from across EY to inform the model assumptions and inputs. It also draws on macroeconomic forecasts from ITEM Club, the only macroeconomic forecasting model that uses the same model as HM Treasury.
Tailored for your needs
EY modellers will be available to meet you and take you through the assumptions, inputs and results in detail, to ensure outputs are tailored to your requirements.
The team is drawn from the Department for Business, Energy and Industrial Strategy (BEIS) and Ofgem, bringing deep insight into power markets and the approach to power market modelling in government.
Supports project finance
EY’s reputation for robust analysis and power sector knowledge means you, and providers of finance, can have greater confidence in EY forecasts.
Better user experience
EY will be offering access to the forecasts via a customised power market modelling web portal. This will help enable users to easily access our key forecasts, inputs and assumptions via a tablet or portable device.
The EY power market model products and services, which include a quarterly subscription based service and bespoke transaction support, will be competitively priced compared with existing providers of these services.
An integrated one-stop shop experience
Customers will benefit from the unrivalled breadth of services and detailed service capability. We will be able to seamlessly combine insights from the power modelling into wider EY services. EY teams who support transactions, M&A, taxation and valuations will have access to EY power market modelling capability, allowing deeper insight into market and regulatory developments. EY clients of transaction support services will have access to a broadly integrated suite of due diligence from one place.