Energy market transformation

Responding to a sector in profound transition

The energy sector is facing a period of profound transformation driven by climate change, geopolitical uncertainty, and the need for secure and affordable supply. Rising demand, volatile prices and increasing competition for critical resources are putting pressure on markets and policymakers alike.

At the same time, the energy transition requires significant investments in infrastructure, new technologies and skills. Regulatory complexity and frequent policy changes add further challenges for companies operating across the value chain.

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Our vision

Delivering sustainable and resilient energy solutions

Our vision is to help clients address complex and high-impact challenges in the energy sector, contributing to a more sustainable and resilient world.

We support the transition to a low-carbon economy by delivering innovative solutions across renewable energy, sustainability and emerging technologies, tailored to the realities of the EU and Greek energy markets.

We help organisations:

  • Navigate regulatory complexity
  • Manage change across production, distribution and markets
  • Unlock investment opportunities across traditional and emerging value chains
  • Align strategy with EU and national energy and climate objectives
  • Meet global ESG standards while creating measurable long-term value
Multidisciplinary expertise

Technical depth combined with market insight

Our executive team consists of 60+ seasoned engineers and economists with international experience. We provide multidisciplinary services across all levels of energy operations.

Our expertise includes:

  • Business and Risk Management strategy formulation
  • Cost optimisation and profitability enhancement
  • Operational performance improvement
  • Design, operation, simulation and analysis of Energy Systems
  • Competitive Energy Market analysis (Electricity, Gas and Clean Fuels)
  • Legal, policy and regulatory advisory for power and gas sectors
  • Economic regulation of networks
  • Advanced market modelling using artificial intelligence and neural networks
  • Climate change and sustainability services beyond regulatory compliance
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Our services

We offer strategic, regulatory, and technical advisory services across the electricity value chain. With deep expertise in power markets, regulatory frameworks, PPAs, battery energy storage systems (BESS), and both retail and wholesale electricity dynamics, we support clients in navigating complex market environments and accelerating the energy transition. Its services span electricity regulation, grid infrastructure and market integration, helping utilities, investors, developers, and policymakers make informed decisions in a rapidly evolving energy landscape.

  • Electricity Networks:
    We support electricity TSOs and DSOs with expert technical, regulatory, and strategic consulting to optimize grid planning, integrate renewables and storage, and prepare networks for future flexibility and digitalization.

  • Market Design:
    We advise regulators and market stakeholders on designing and optimizing efficient, reliable, and decarbonized electricity markets aligned with evolving power systems and regulatory objectives.

  • Electricity Regulation:
    We guide energy stakeholders through national and EU electricity regulation, providing expertise on policy interpretation, compliance, tariffs, licensing, and regulatory impact assessment.

  • Energy Storage Systems:
    We provide end-to-end consulting for energy storage and hybrid RES-BESS projects, supporting design, regulatory compliance, market participation, and investment readiness.

  • Power Purchase Agreements:
    We help producers, buyers, and investors structure and optimize PPAs through market analysis, risk assessment, pricing models, and portfolio optimization.

  • Energy Procurement Strategies:
    We support energy consumers in developing cost-efficient, low-risk procurement strategies using PPAs, self-consumption, retail optimization, and hybrid renewable solutions.

  • Cost Benefit Analysis:
    We deliver robust cost–benefit analyses that assess the economic, technical, and environmental impacts of energy projects and policy measures to support investment decisions and regulatory approvals.

  • Drafting of Codes and Manuals:
    We assist regulators and system operators in drafting and updating electricity codes and technical manuals that ensure regulatory compliance, operational clarity, and efficient market functioning.

  • Bidding Strategies for RES/BESS Auctions:
    We support developers and investors in defining competitive bidding strategies for RES and BESS auctions through price optimization, risk analysis, and compliance with auction rules.

  • Network Design and AI Applications:
    We support system operators and utilities in designing resilient and efficient electricity networks while applying advanced analytics and AI solutions to optimize planning, operation, and decision-making.

  • Cost Benchmarking:
    We deliver data-driven cost benchmarking for RES, BESS, and grid infrastructure to support investment decisions, tender competitiveness, and financial viability.

We focus on natural gas and a broad range of decarbonization solutions, including renewable hydrogen, biomethane, RFNBOs, and biofuels. We provide comprehensive support to clients, covering technical analysis, regulatory guidance, market assessments, strategic advisory services, and licensing assistance. Our team consists of highly experienced professionals with deep expertise in natural gas and clean molecules and fuels, who closely monitor energy sector developments at both EU and national levels and bring a proven track record of successful project delivery.

  • Decarbonisation of Industry:
    We support our clients in designing decarbonisation solutions for their industries covering the entire spectrum of consumption.

  • CBA for key infrastructure:
    We conduct comprehensive cost–benefit analyses to assess the economic, social, and environmental impacts of critical infrastructure projects. These analyses support evidence-based decision-making and compliance with national and EU-level requirements.

  • Regulatory support for LNG terminals:
    We provide end-to-end regulatory guidance for the development and operation of LNG terminals, ensuring alignment with applicable energy and environmental frameworks. This includes support in navigating permitting processes and engagement with relevant authorities.

  • Infrastructure Repurposing & "H2-Ready":
    We provide technical and strategic assessments for converting existing gas pipelines and LNG terminals into multi-molecule hubs (Hydrogen, Ammonia, or CO₂). This includes "H2-readiness" support and transition master planning to avoid stranded assets.

  • CCUS Value Chain Integration:
    We provide end-to-end carbon management strategies, from capture at industrial sites to transport and permanent storage in depleted reservoirs. We assist in quantifying carbon credits and navigating the evolving EU & national regulatory framework for carbon removal.

  • State aid notifications:
    We support the preparation and submission of state aid notifications to the European Commission in line with EU competition rules. This includes legal, economic, and procedural guidance to facilitate approval and ensure compliance.

  • Regional mapping and analysis:
    We carry out regional mapping and analytical assessments to identify infrastructure gaps, market dynamics, and development opportunities. These insights inform strategic planning and investment prioritization at regional and national levels.

  • PMO for large scale projects:
    We deliver project management office (PMO) services to oversee planning, governance, and execution of large-scale projects. Our approach ensures effective coordination, risk management, and timely delivery against defined objectives.

  • Licensing support:
    We assist clients throughout the licensing lifecycle, from initial application to final approval. Our support helps streamline processes, reduce regulatory risk, and ensure compliance with all applicable requirements.

We base deep expertise in power and gas systems and markets, on state‑of‑the‑art energy modelling, co‑optimisation, and data science. Through integrated in-house energy models, the team delivers rigorous techno‑economic insights across system planning, adequacy, market simulations, price projections, and asset/portfolio optimization, supporting clients in solving the sector’s most complex analytical and strategic challenges. Its capabilities span coupled power–gas system analysis, CBA, scenario design, revenue stacking, ML/AI forecasting, enabling utilities, TSOs/DSOs, energy suppliers, investors, and policymakers to make informed, defensible decisions in an increasingly interconnected and data‑driven energy landscape.

  • Energy System Planning:
    We support governments, TSOs/DSOs, utilities, and investors with end-to-end system planning to navigate the energy transition under uncertainty. Our work combines techno-economic modelling with policy and market realism to translate targets into investable, least-cost roadmaps.

  • System Adequacy Assessments:
    We assess whether the system can meet demand reliably over short- and long-term horizons, accounting for variable renewables, outages, interconnections, and demand-side flexibility. Our adequacy studies support investment decisions, regulatory submissions, and capacity mechanism design.

  • Power and Gas System & Market Simulations:
    We simulate dispatch and market outcomes across coupled power and gas systems to quantify operational constraints, congestion, price formation, and security-of-supply risks. This enables robust decisions for assets, policy, and market design.

  • Power Long-term Price Projections:
    We develop defensible long-term power price views aligned with fundamentals and policy trajectories. The projections are designed for investment cases, PPAs, financing, impairment testing, and strategic planning.

  • Energy Asset & Portfolio Optimization:
    We optimize asset dispatch and investment decisions to maximize value under operational limits and market rules. We support single assets and diversified portfolios across generation, storage, demand response, and hedging instruments.

  • Energy Asset Revenue Stacking:
    We quantify and design revenue strategies that combine multiple value streams - energy, balancing, ancillary services, capacity mechanisms, congestion products—subject to technical and regulatory constraints.

  • CBA (Cost–Benefit Analysis):
    We conduct transparent cost–benefit analyses to support infrastructure, policy, and market interventions, ensuring assumptions are explicit and impacts are quantified across stakeholders.

  • Energy Market Analysis:
    We provide deep market intelligence that connects fundamentals, regulation, and commercial dynamics. Our analysis supports market entry, asset strategy, contracting, and risk management.

  • Energy Strategy Analysis:
    We help leadership teams set and execute energy strategies that are resilient to policy shifts, technology disruption, and price volatility. Our approach links strategic ambition to measurable levers and a deliverable roadmap.

  • Energy Data Analytics:
    We turn complex energy data into operational and commercial insight, fast, reproducible, and decision-focused. Our analytics pipelines are designed for scale, auditability, and integration with modelling workflows.

  • Energy ML/AI Forecasting:
    We build forecasting solutions that improve accuracy and quantifiable confidence for operational decisions and market participation. Models are validated rigorously and deployed with monitoring to ensure performance over time.

We stand at the forefront of energy transformation, delivering project support advisory services that seamlessly integrate private sector agility with public sector scale. With deep expertise across emblematic public sector projects such as the RRF, we help clients navigate complex transactions, ensure regulatory compliance, and drive sustainable efficiency in a rapidly evolving energy landscape. From transaction advisory and fairness opinions in private deals to PMO support and regulatory due diligence for large public programmes, our multidisciplinary team provides end-to-end solutions that mitigate risks, optimize costs, and unlock value.

  • Transaction Advisory:
    We provide strategic transaction support across the energy value chain, from early-stage structuring to financial close. Our services include commercial, financial and regulatory due diligence, valuation support, fairness opinions, regulatory risk assessment.

  • Energy Efficiency & Public Infrastructure Programmes:
    We bring extensive experience in the design and implementation of large-scale energy efficiency and public infrastructure programmes, including building renovation schemes and public-sector decarbonisation initiatives.

  • PMO & Programme Implementation Support:
    We deliver structured PMO services for large-scale public programmes and strategic energy projects. Our support includes governance design, milestone tracking, risk management, KPI monitoring, reporting to national and EU authorities.

  • Public Funding & Investment Proposal Support:
    We support clients in preparing and submitting investment proposals under EU and national public funding schemes for renewable energy, storage, hydrogen, CCUS, energy efficiency, water-energy nexus and other clean energy technologies.

  • Strategic Funding & Eligibility Advisory:
    We provide strategic consultancy to position projects effectively within public support schemes. This includes detailed analysis of eligibility criteria, technology parameters, emission thresholds, cumulation rules and auction participation requirements.

  • EU State Aid & Regulatory Compliance:
    We offer specialized advisory on EU State Aid matters, including assessment of compatibility under GBER and CEEAG frameworks, structuring of compliant aid mechanisms, preparation of notification and pre-notification documentation, and engagement support with the European Commission. We ensure proportionality, avoid overcompensation risks and design claw-back or funding adjustment mechanisms where required. In parallel, we assess regulatory compliance across permitting, market participation, environmental and grid-related obligations.

  • Financial Viability & Funding Gap Assessment:
    We develop robust financial models to assess project viability and justify the necessity of public support. Our services include funding gap assessments in line with EU methodologies, abatement cost calculations (€/tCO₂), sensitivity analysis and long-term revenue modelling under market-based and supported schemes.

  • Technology Benchmarking & Cost Analysis:
    We provide technology benchmarking and cost-effectiveness analysis to support both programme design and individual funding applications. This includes CAPEX and OPEX benchmarking against EU comparables, LCOE analysis, maturity assessment, and comparative evaluation of alternative technical configurations.

  • Procurement & PPP Structuring:
    We support public authorities in designing and implementing procurement and Public-Private Partnership (PPP) frameworks in the energy sector. Our services cover tender documentation, technical specification drafting, evaluation framework design, value-for-money analysis, financial structuring and risk allocation, ensuring compliance with EU procurement and state aid requirements.

We support organizations in addressing climate and environmental risks, reducing emissions, advancing circular economy practices, meeting regulatory sustainability requirements, and aligning projects and investments with EU climate, environmental, and circular economy objectives. With strong expertise in EU and national sustainability frameworks, climate and environmental policy, emissions accounting and mitigation, circular economy principles, and risk assessment methodologies, the team supports clients in enhancing climate and environmental resilience, ensuring regulatory compliance, improving sustainability performance, and future-proofing their strategies in a rapidly evolving climate, environmental, and regulatory landscape.

  • Socio-Economic Impact Analysis:
    We assess key socio-economic impacts of projects and investments, including employment effects, regional development, social impacts, and stakeholder implications, supporting decision-making and regulatory approval processes.

  • DNSH & EU Taxonomy Compliance Assessment:
    We provide detailed technical assessments of projects and investments against the Do No Significant Harm (DNSH) principle and EU Taxonomy screening criteria, including substantial contribution, environmental safeguards, and minimum social safeguards.

  • EU Deforestation Regulation (EUDR) Compliance & Due Diligence:
    We support organizations in meeting obligations under the EUDR through the design and implementation of deforestation-free due diligence systems.

  • EU and National Environmental Legislation Compliance Assessment:
    We deliver comprehensive compliance assessments against EU and national environmental legislation, including climate, environmental protection, permitting, and environmental impact requirements.

  • CSRD & Sustainability Reporting Advisory:
    We support organizations in complying with the CSRD through double materiality assessment, ESG KPI definition, and integration of sustainability data into corporate reporting.

  • Carbon Border Adjustment Mechanism (CBAM):
    We support organizations in complying with the EU CBAM, including identification of in-scope products, calculation of embedded emissions, and fulfillment of reporting and declaration requirements.

  • Climate risk assessment and adaptation measures:
    We conduct climate risk assessments using recognized climate scenarios, including IPCC RCPs and SSPs, in line with EU climate and sustainability goals, to assess physical and transition risks and define targeted adaptation and resilience measures.

  • Net-Zero strategies:
    We support organizations in the design and implementation of credible net-zero strategies through comprehensive emissions baseline assessments, including Scope 1, 2, and relevant Scope 3 emissions.

  • Circular Economy Strategies:
    We support clients in developing circular economy strategies focused on material circularity, waste reduction, and life-cycle optimization, aligned with EU circular economy policies.

  • Resource Efficiency & Environmental Performance:
    We support organizations in improving resource efficiency through optimization of energy, water, material, and waste flows, reducing environmental impacts and supporting regulatory compliance.

  • Circularity Assessment & Metrics:
    We assess circularity performance across products, assets, and value chains using recognized indicators and methodologies, supporting target-setting, performance monitoring, and alignment with EU circular economy objectives.
Services on Energy Storage Systems
BROCHURE

Services on Energy Storage Systems

We provide end-to-end support for Energy Storage projects, from investment design to financing, ensuring compliance and financial soundness.

Advisory Services on Energy Costs Optimization
BROCHURE

Advisory Services on Energy Costs Optimization

We offer you tailored solutions to help you optimize the electricity costs of your business.

Advisory Services on Carbon Border Adjustment Mechanism
BROCHURE

Advisory Services on Carbon Border Adjustment Mechanism

We offer end-to-end CBAM solutions to help your business comply with EU regulations, accurately report emissions, and optimise carbon-related costs.

    Get in touch

    Ioannis Stefanou

    Partner, Head of Energy Sector