Carolina auction

Support for North Carolina auction

Overview

A global energy major engaged us to develop an auction strategy and competitor assessment for the a North Carolina auction for offshore wind. We were able to use our understanding of the North Carolina market and local stakeholders network. We led a team that included Power Advisory (focused on cost of service and regulatory insight) and Auction Technologies (experts in competitive bidding strategies). Together, we delivered a comprehensive advisory package.

This informed strategic decision-making and improved the client’s positioning in the auction.

Key challenges

  • Understanding the motivations, financial capability, and likely behaviour of competitors
  • Assessing regulatory implications
  • Designing a tailored auction strategy
  • Accounting for different auction outcomes

Key impact

  • Identified and filtered out non-participating bidders in the North Carolina auction
  • Analysed regulatory landscape
  • Provided scenario planning
  • Enabled bidding and signalling strategy adjustments in real-time
  • Informed ongoing discussions between potential joint venture partners.

BVGA team

Bruce Valpy

Alex Russell

Belinda Church

Related insights