The Northern Ireland Authority for Utility Regulation (NIAUR) has today published its conclusions regarding the methodology for comparing bids for operating the new Gas to the West Pipeline in Northern Ireland. Economic Insight provided expert advice to Mutual Energy regarding the appropriate way to adjust the cost of capital so that bids under ‘revenue cap’ and ‘cost pass through’ regulatory models can be compared on a like-for-like basis. Mutual Energy’s consultation respponse, and our report, can be viewed here.
