Zelya Energy

You are a developer or operator of a power generation installation connected to the distribution (HTA) or transmission (HTB) electricity network, such as a hydroelectric power plant, a wind farm, a photovoltaic solar park, a biomass thermal power plant, a combined cycle gas plant (CCGC).

The regulations require you, in order for it to continue to inject and sell the electricity it produces, to submit your installation to a conformity and performance check for connection.

You are required to do so on several occasions: during the initial commissioning, during a recommissioning after a significant modification or a shutdown for more than two years, during a periodic check or after a malfunction of your installation.

Concretely, you must, under your sole responsibility, proceed to deliver conformity certificates of your equipment and electrical calculation studies. In addition, you must participate, with the network manager, in operations of reconciliations, tests, and checks.

Our services

The project managers and engineers of Zelya Energy will accompany you to facilitate the compliance and performance control of your installation, that is to say for :

  • Validate the list of reconciliations, certificates, tests, studies, checks, surveillance, that must be carried out according to your connection (transmission or distribution) and your situation (first commissioning, recommissioning, periodic check or after malfunction) ;
  • Check the compliance of the electrical sizing of your production installation and obtain the conformity certificates from the manufacturers ;
  • Carry out studies (short-circuit contribution, current harmonic emission, etc.), calculations and optional type simulations (dip ride-through, reactive power production and consumption capacity, frequency exceptional regime endurance, etc.) required by regulations ;
  • Identify, compete, verify the qualifications and supervise the verifying body that you will finally have selected to carry out reconciliations, tests, tests and checks.

Our expertise in the electricity markets and our experience in M&A and Private Equity enable us to meet the needs of our clients when it comes to mergers, acquisitions or reorganizations.

We have a solid reputation in this field, having participated in numerous operations for major players in the electricity industry. Our work is rigorous and takes into consideration the specific nature of the companies evaluated, as well as the regulatory, financial and technical aspects specific to the electricity sector.

We respond to our clients' key issues:

  • due diligence of infrastructure: power plants, combined gas cycles, distribution and transportation networks;
  • robust financial models and evaluation methodologies;
  • diagnostics of companies operating in the electricity sector;
  • strategic advice on the evolution of their activities after a merger or restructuring.

Due diligence 

Thanks to its in-depth expertise in electricity markets, Zelya Energy has gained a solid reputation both in financial centers and in the energy sector.

We offer tailor-made services for the price valuation of target assets as well as for the performance of technical, strategic and regulatory due diligence:

  • ... regardless of the underlying asset (thermal power plant, renewable, electricity transport network, storage facility...)
  • ... and the activity of the target company (production, trading, services...)

Evaluation

Our experts assist in the financial valuation of energy companies and assets, in the context of an acquisition or a capital increase.

Their analyses are comprehensive and consider the specific characteristics of the companies being evaluated, as well as the tax and accounting considerations unique to the various energy sectors involved.

Assignment examples

Due Diligence of a combined gas cycle plant: analysis of supply risks and advice to the legal and financial parties of the mandated investment bank for the takeover

Due diligence of an electricity consumption management services company: preparation of the strategic plan in the context of a merger with a foreign company with similar activity

Evaluation of a subsidiary of the electricity transport manager

Determination of the Weighted Average Cost of Capital of electricity distribution operators

Asset valuation examples

Energy infrastructure due diligence

Infrastructures

 Due diligence and financial evaluation of electricity and gas transport and distribution companies for several billion euros in value

Counsel Due Diligence and Acquisition of Thermal Power Stations

Thermal power plants

Due diligence and financial evaluation of combined gas cycles CCGT ranging from 400 to 860 MWe

Solar due diligence

Renewables

Financial valuation and due diligence of a nearly hundred wind and photovoltaic power plants 

Business plan and financial modelling for dozens of hydroelectric concessions, from 8 to 84 MW

32 plants of a few MW each, audited and revalued

Information:

Call us at +33.4.93.71.33.11 or contact by  Form

With the liberalisation of the European electricity markets, the operation of power energy networks (transmission and distribution) are separated activities, strongly regulated by national authorities.

Other states (in Africa, Eastern Europe, Middle East,...) are now implementing similar opening reforms in their own territories.

Assistance to regulators and network operators

Zelya Energy offers its expertise to national regulatory agencies and to network operators by:

  • Providing benchmarking and diagnostics of tariff setting, rules of access, WACC and incentive/regulated rate-of-return applied to existing and new infrastructures
  • Helping define development strategies that enable power energy systems to adjust supply and demand
  • Defining a national energy reform or strategy by implementing operational, ownership and administrative unbundling of activities and setting-up new regulatory frameworks

Example of studies provided in Europe

  • Analysis and benchmarking of European regulatory frameworks
  • Comparison of WACC calculation methodologies applied to the regulation of European power grids
  • Profitability analysis of investments in electricity networks
  • Setting-up of tariffs and Third Party Access rules
  • Strategic consulting relative to the setting up and the development of electricity supply and transmission companies

Zelya Energy has extensive experience in the origination and development of conventional and renewable thermal power plants for electricity production, and in negotiations with national, regional and local administrations.

Active both nationally and internationally, our consultants help you analyze the legal, technical and financial feasibility of your power plant projects, and then organize and ensure their development.

Our services

  • Preliminary study and/or full feasibility study of your power plant project;
  • Resource and energy yield studies for wind, biomass, solar, hydro, etc.;
  • Site identification, validation and advice on the choice of location;
  • Creation of Business Plan and determination of financing needs;
  • Preparation and organization of the power plant development phases;
  • Preparation and organization of tenders for subcontractors and partners, project management support.

Our areas of expertise

  • Combined cycle gas power plants;
  • Wind farms;
  • Photovoltaic solar power plants;
  • Biomass power plants: assistance in tender response and presentation;
  • Hydropower plants, micro and small hydro;
  • Other conventional thermal power plants and cogeneration.

How to choose your supplier, control and optimize your supply costs and minimize risks related to your long-term supplies? How to pool your purchases by grouping together?

Whether you are an industrialist, a grouping of cooperatives, communities,... we provide you with our experience in commercial issues and techniques for buying and selling electricity, as well as for the transportation of electricity.

Electricity purchase negotiation advice

Our services :

  • Analysis of the characteristics of your various sites' consumption based on your invoices and statements;
  • Definition of strategy, policy or a purchasing center for industrial consumers, agricultural cooperatives, communities,... ;
  • Negotiations and organization of tenders and competitions between buyers and suppliers ;
  • Deciphering quotations and price offers and estimating transport costs and specific taxes ;
  • Estimation of medium-term electricity prices and assessment of their impact on price offers and your purchase invoices ;
  • Negotiation and organization of competition ;
  • Management and control of your electricity purchase costs through invoice control.

See also: our article on Electricity purchase pooling

Electricity purchase negotiation advice

Zelya advises and supports your electricity supply negotiations

Managing readings | Profiling | Analysis of your hourly consumptions and delivery conditions

Seasonal strategies for meeting needs | Pre-negotiations & Selection of suppliers 

Competition | Price negotiation

Analysis and comparison of quotes | Support for the negotiations and signing of the supply contract

 

  See more client references

Information:

Call us at +33.4.93.71.33.11 or contact by  Form

  1. Markets & Regulation
  2. Digitalization of the electrical sector