MCC Economics Ltd

What MCC Economics Ltd does

MCC Economics Ltd is an independent boutique consultancy founded in London in 2017, providing economic, financial, and regulatory analysis to governments, regulators, network utilities, and infrastructure operators across the UK, Australia, UAE, and Oman. The firm specialises in UK regulatory cost of capital (WACC) estimation and price control modelling for sectors including energy, water, aviation, gas, CCUS, and nuclear. Its work has been referenced in Competition and Markets Authority (CMA) and Ofwat PR24 determinations, and director PJ McCloskey's expert testimony was cited 27 times at the CMA in connection with Ofgem's RIIO-2 price controls.

The firm's core technology consists of bespoke regulatory cost of capital models, price control financial models with scenario analysis, financeability and credit metric assessment tools, and a proprietary library of thousands of variables and databases compiled across multiple regulators and jurisdictions. It also operates a live Consultation Analysis Dashboard and produces 15+ publications covering WACC analysis, climate policy, and sector-specific regulatory economics. Delivery is led by senior economists and former regulator staff with combined price control experience exceeding 100 years, supported by analysts located across the UK and UAE.

MCC operates a professional services revenue model with project-based consulting engagements for regulators and regulated companies as the dominant stream, supplemented by educational courses (Price Controls 101-220, Econometrics 101-150, Regulation 101-105) sold on Eventbrite at £32.68-£163.22 and purchasable publication and data products. Go-to-market is sales-led, combining direct consulting engagement, thought leadership content marketing via LinkedIn and YouTube, LinkedIn Live sessions, and 'Book Consultation' CTAs. Named clients include Ofgem, Ofwat, CAA, DESNZ, AER, Abu Dhabi Department of Energy, TAQA, CCC, CCW, CMA, and NATS, with engagement scope spanning price control development, financeability assessments, WACC analysis, and large-scale consultation response processing (55,000+ responses for DESNZ).

Name

MCC Economics Ltd

Legal name

MCC Economics Ltd

Website

https://mcceconomics.co.uk

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

MCC Economics is a London-based boutique consultancy providing regulatory cost of capital, price control modelling, and economic analysis to regulators, government departments, and regulated utilities across energy, water, and aviation in the UK, Australia, and the UAE.

Ownership category

akta.pro rank

Product category

Regulatory Economics Consulting

NAICS

Other Scientific and Technical Consulting Services (54169), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Strategy Advisory (BPAHADAA)

akta.pro secondary industries

Valuation & Fairness Opinions (BPAHADAF), Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE), Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

Keywords

• Regulatory economics consulting
• Price control analysis
• Cost of capital advisory
• Financial modelling services
• Consultation analysis

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Regulatory Economics Consulting: Expert advisory services on price controls, WACC, tariff design, and regulatory framework development for regulated sectors. Billed through project-based consulting engagements.
2. Consultation Analysis Services: Analysis of government and regulatory consultation responses, including thematic analysis, data processing, and policy reporting for government clients.
3. Financial Modelling Services: Custom financial model development, review, and validation for price controls, including revenue models, scenario analysis, and incentive mechanism design.
4. Educational Courses: On-demand and scheduled courses on price controls, econometrics, regulation, and utilities sold through Eventbrite at price points ranging from £32.68 to £163.22.
5. Publications and Data Products: Reports and publications sold to clients, including climate change analysis, WACC reviews, and sector-specific research. 'Buy Data' options available for consultation reports.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

MCC Economics Ltd is a boutique regulatory economics consultancy providing expert economic, financial, and regulatory analysis for organizations across regulated sectors including energy, water, aviation, and infrastructure. The firm delivers advisory services such as price control modelling, regulatory cost of capital (WACC) estimation, consultation analysis, financial modelling, and financial strategy support, alongside paid training courses and live consultation analysis dashboards.

Product overview

MCC Economics Ltd is an independent economic and regulatory consultancy offering a portfolio of advisory services rather than a unified software product. The core offering consists of nine specialized consulting services: Regulatory Economics, Consultation Analysis, Economic Analysis, Financial Modelling, Financial Strategy, Research and Data Analysis, Public Private Partnerships, Accounting, and Data Science. The firm also provides educational products through its Price Controls Training Courses (covering UK Water, UK Energy, Australia, Ireland, UAE price controls and specialized topics), and a Consultation Analysis Dashboard for data visualization. The services are delivered by a team of economists and financial experts providing evidence-based analysis to governments, regulators, and businesses across regulated sectors including energy, water, aviation, and infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Regulatory Economics

Quantifiable outcome

• Director's testimony cited 27 times at the CMA
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core.

• OfwatcoreStrategic or Co-development PartnerUK water sector economic regulator. MCC has supported Ofwat with price control model development, cost benchmarking, and regulatory framework analysis. MCC is familiar with Ofwat's regulatory processes and has worked on PR24 determinations.
• OfgemcoreStrategic or Co-development PartnerUK energy sector economic regulator. MCC provided policy leadership for RIIO-2 price controls, built financeability models, engaged with rating agencies, drafted finance chapters for 2021 and 2023 Final Determinations.
• Civil Aviation Authority (CAA)coreStrategic or Co-development PartnerUK aviation regulator. MCC supported CAA with H7 Heathrow and NATS price controls, financial modelling, credit metrics analysis, and RAB modelling for aviation infrastructure.
• Consumer Council for Water (CCW)coreStrategic or Co-development PartnerUK water sector consumer advocate. MCC provided expert peer reviews and analysis of Ofwat's PR24 indicative WACC for the price control review.
• Australian Energy Regulator (AER)coreStrategic or Co-development PartnerAustralian energy sector regulator. MCC shaped the 2022 Rate of Return Instrument for electricity and gas networks through WACC cross-checks and financeability assessments across 32 networks.
• Abu Dhabi Department of Energy (DoE)coreStrategic or Co-development PartnerUAE government energy department. MCC supported early preparations for Abu Dhabi's RC2 price control for electricity and water networks, helping optimize regulatory frameworks.
• TAQA (Abu Dhabi National Energy Company)coreStrategic or Co-development PartnerUAE national energy company. MCC provided WACC support and regulatory finance modelling for RC2 controls, incorporating scenario analysis and policy model development.
• Department for Energy Security and Net Zero (DESNZ)coreStrategic or Co-development PartnerUK government department. MCC analyzed stakeholder responses to Offshore Wind National Policy Statement consultations and Climate Compatibility Checkpoint for oil and gas licensing (55,000+ responses).
• Climate Change Committee (CCC)coreStrategic or Co-development PartnerUK government advisory body. MCC prepared report summarizing call for evidence responses on voluntary carbon offsets, drawing from 56 stakeholders including businesses, NGOs, and government agencies.
• Competition and Markets Authority (CMA)coreStrategic or Co-development PartnerUK competition regulator. MCC provided WACC analysis and expert witness support for Ofgem's RIIO-2 controls, with successful defence at the CMA where their director's testimony was cited 27 times.

Scale indicators8 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Cambridge Economic Policy Associates (CEPA): Economic and regulatory consultancy advising on price controls, financeability, and regulatory policy across UK and international utilities — a closely comparable boutique peer with similar client base and methodology.
• Europe Economics: Independent economic consultancy providing regulatory, competition, and finance advice to UK and international regulators — competes with MCC on price control reviews, particularly in energy and water.
• Oxera: Leading independent economic consultancy specialising in regulation, competition, and finance — directly comparable to MCC in WACC, price control, and financeability advisory for Ofgem, Ofwat, CAA, and other regulators across UK and Europe.
• Dot Economics: Boutique economic consultancy specialising in regulated utilities, with comparable focus on price controls, WACC, and financeability across UK and international regulators — a closely sized and positioned peer.
• Frontier Economics: Major economic consultancy with a strong regulatory economics practice across energy, water, and aviation — directly competes with MCC on price control reviews, WACC analysis, and regulatory framework design for UK and EU clients.
• NERA Economic Consulting: Global economic consultancy with deep practice in regulatory finance, cost of capital, and expert witness testimony at competition authorities — overlaps with MCC on CMA-grade WACC mandates and regulatory rate-of-return cases.

Others

• Cass Business School / Bayes Centre for Corporate Finance: Academic research centres producing WACC, cost of capital, and regulatory finance research — adjacent to MCC's expertise base and a feeder of talent and methodology into the regulatory economics consulting market.

Emerging players

• Regulatory Policy Institute: Research and advisory institute focused on utility regulation and network industries — overlaps thematically with MCC's regulatory economics focus, with comparable research and training offerings for regulators and utilities.

Broad incumbents

• PwC Economics and Policy: Big 4 economics practice advising regulators and utilities on price controls, regulatory finance, and policy — broad incumbent with comparable WACC and price control capabilities at larger scale.
• KPMG Economics (UK): Big 4 economics practice providing regulatory finance, cost of capital, and policy advice — overlaps with MCC on price control mandates but operates as part of a much broader professional services portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mcc-economics-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MCC Economics Ltd