Regulation and compliance

Today’s energy mix is characterised by greater reliance on renewables and less centralisation in power generation

infrastructure mean that companies need to understand and overcome regulatory barriers to secure access to financing and their ability to recover costs.

How PwC can help you navigate the energy sector regulatory environment

Our expertise in energy regulatory matters includes:

Regulated companies – strategy advice for regulatory reviews, preparing regulatory submission documents, support throughout the regulatory process, including meeting regulators and competition authorities, assisting industry associations in developing a strategic vision, advising on markets to target for mergers and acquisitions, helping assess the potential regulatory outcome of a transaction, economic and financial feasibility studies for power plants.
Regulators – advising on regulation principles, defining and evaluating regulatory schemes, how regulation will impact investors, reviewing design and requirements for regulatory offices, assisting regulatory offices in reviewing tariffs and service quality.
Government – using our experience of working for both public and private-sector clients, we have designed tariff and regulatory regimes on behalf of governments.

Compliance and risk management – validating all compliance/contractual obligations to ensure they are achieved and managed.
Regulatory and cost recovery – aligning initiatives with the market, regulatory and stimulus requirements.
Governance – corporate-governance framework advice, operational and risk-management advice on processes and controls, internal audit services.
Enterprise-wide risk management (ERM) – advising on risk frameworks, defining and evaluating risk appetite, reporting key risks.
Sustainability – environmental due diligence, health and safety reviews, advice on non-financial reporting.
Making the most of tax and incentive regimes – international tax structuring, identifying grant and incentive opportunities, advising on certificates trading, transfer pricing expertise.
Financial, tax and regulatory review – testing the accuracy of your financial information, risk analysis, regulatory impact analysis, working capital reviews, pre-deal financial due diligence work, tax due diligence work, transfer pricing assistance.
Financial risk management – designing and implementing risk-identification processes such as product reviews and risk and control self-assessment, and facilitating risk workshops and risk-valuation and measurement methodologies.