We worked with Synergen on a daily basis for nine years (2003-2012) as regulatory advisers on wholesale market development (the Single Electricity Market – SEM). We have worked directly to successive General Managers and Finance Controllers of the plant during this period, including participation at Board Meetings, and have a very close working relationship with Synergen’s management team. d&i have prepared or advised on all major regulatory responses during this period and we are closely involved in advising the client on all aspects of its regulatory strategy and approach.
We also attend a range of industry working groups as the client’s representative – including major industry working groups on market development and cross industry bodies (notably the National Electricity Association of Ireland which is considering long term market development and the development of the SEM to meet the anticipated requirements of the European Target Market).
d&i have delivered a range of modelling and analysis projects for Synergen to support commercial decisions in the SEM. We have also developed and implemented a number of business critical spreadsheet solutions to support Synergen’s participation in the wholesale market.
Deirdre O’Hara the Synergen General Manager provided the following comment on our extended relationship with the company:
“Synergen owns the 400 MW Dublin Bay Power plant, a gas-fired CCGT competing in the all-Ireland SEM (Single Electricity Market). Until 2013 Synergen was ring-fenced from its owner, the Irish Electricity Supply Board (ESB) by the Irish energy regulator and engaged as an IPP in the Irish electricity market, representing its own interests in the regulatory process. From 2003 to 2012 ‘design & implement’ provided Synergen with analysis of electricity market developments, participated on behalf of Synergen in industry forums and drafted Synergen’s regulatory submissions. John Bennett and Andrew Jackson of ‘design & implement’ were a pleasure to work with, both on a personal level, and because of their industry knowledge, professionalism and responsiveness to Synergen.”