Consultancy firm Lane Clark & Peacock (LCP) has acquired energy research and consulting firm Delta-EE, expanding its coverage to include the downstream energy sector.
“Delta-EE is a well-respected firm with a deep understanding of the energy sector and the quality of their research is second to none,” said Aaron Punwani, LCP CEO.
“The partnership of Delta-EE’s downstream expertise with LCP’s upstream capabilities will be an immensely powerful one, meaning we can provide a wider range of clients with data-driven insights and holistic forecasts, helping to make a net zero future a successful reality.”
LCP focuses on the deep upstream energy market, providing long term forecasts for the British and Irish power markets as well as revenue evolution and policy impact analysis. Additionally, its real time power system platform LCP Enact, provides traders, analysts and managers with key metrics like generation mix, power prices and system margins.
Meanwhile Delta-EE provides data and insights into the downstream energy sector, covering areas like how market trends impact utilities, manufacturing and technology companies. Key energy transition areas for the company include heat, distributed energy, electric vehicle charging and hydrogen.
“By joining together with LCP, who have complementary skills and expertise together we can accelerate and enhance the impact we have on the energy transition,” said Andy Bradley, director at Delta-EE.
“Culturally, we are like-minded people with curiosity to develop new solutions in an evolving sector and the ability to cut through complexity. Together, we are driven by a desire to create a sustainable future and are looking forward to building the world’s leading energy transition practice.”