Global power sector insights

Cross‑border power trade is becoming strategic. This project shows how regional market design can unlock resilience, lower costs, and new investment pathways in fast‑growing Southeast Asian grids.

Curtailment is rising fast. This article explains why storage is shifting from optional to essential - and how mounting grid constraints could redefine renewable project economics in Greece.

PPAs are no longer straightforward. This article shows how evolving structures, risk allocation, and pricing complexity now directly shape project bankability and long‑term returns.

Decarbonisation at the edge of the grid. This project shows how tailored energy solutions unlock resilience, cost savings, and long‑term sustainability in the most challenging power systems.

A turning point year. This review unpacks why rising complexity - not capacity - now defines risk, returns, and strategy in Greece’s evolving energy market.

Policy can make or break battery returns. This article explains how regulation shapes risk, revenue certainty, and bankability in fast‑growing storage markets.

Storage choices shape competitiveness. This article breaks down leading technologies - and what their real‑world trade‑offs mean for cost, risk, and long‑term value.

Curtailment isn’t the real risk. Our expert explains why missing demand - not excess renewables - could shape Greece’s power market returns over the next decade.

Storage returns are shrinking fast. This insight shows why Greece’s battery boom could erode investor value - and what that means for timing, risk, and strategy.

A UK DNO needed a reliable and efficient way to deliver accurate results for G5/5 Stage 3 assessments within a tight timescale to ensure new projects could proceed without delay, while keeping the network within statutory limits.

Explore the risk investors and developers should be aware of and possible routes of mitigation for successful battery energy storage system implementation.

Using real-time balancing to help relieve network constraints, make better use of existing assets and potentially avoid expensive reinforcement works. 

The rise of virtual power plants marks the beginning of a new era in grid and power system modernisation. 

Ricardo’s work has contributed to the reform of South Africa’s electricity distribution sector. The review and recommendations on regulatory documents, particularly those related to COS frameworks, have been well received and are influencing ongoing policy development.

Addressing the blackout’s roots in poor distribution network observability and limited TSO-DSO interaction will be critical. 

Ricardo has been recognised as a leading consultancy for engineering, energy and environment, and sustainability in the Forbes World’s Best Management Consulting Firms list.

Practical recommendations on electricity access and affordability set to improve the livelihoods of millions of households in Uganda

The government rejected zonal pricing and pursued Reformed National Pricing, encompassing a single national wholesale electricity price enhanced with strategic improvements.

A large UK estates manager is aiming to achieve net zero by 2040 by progressing the development of ground mounted solar photovoltaic (PV) generation to decarbonise the site’s power supply.

Energy Hubs are slowly forming in areas where geographical and economic factors are complimentary.

Bermuda’s Integrated Resource Plan (IRP) set out the ambitious goal for the island to transition to 85% renewable energy by 2040. 

Understanding the short- and long-term implications of the One Big Beautiful Bill enables energy market players to identify and prioritise the low-risk, economically viable opportunities that the incoming legislation presents. 

AI is set to play an even more significant role going forward. Emerging techniques such as deep reinforcement learning, federated learning, and digital twins have significant potential to transform not just the digital tools used by power utilities, but their operating model altogether.