Who We Are
International Energy Consultants (IEC) is a Perth-based consulting firm providing market-related advisory services to companies operating in and associated with the electricity supply industry in the Asia-Pacific region.
IEC has been operating since 1999 and has a Client base which now includes some of the largest companies in the energy supply industry.
We have advised some of the largest energy companies in the Asia region on over 52GW of IPP power projects with a total transaction value of US$62 billion.
IEC has earned a strong reputation within the private power industry for our:
- Breadth of experience and depth of knowledge across most Asian power markets
- Hands-on project development and management skills
- Frank, unbiased and practical advice supported by thorough research and detailed analysis
IEC is led by Dr. John Morris who, as well as seven years in the upstream oil & gas industry, has over 25 years of experience developing, managing and advising on projects in the IPP and retail power sector for major companies world-wide.
What We Do
IEC offers a wide range of consulting services for companies associated with the power industry including:
- Wholesale power market analysis (especially deregulated Pool-style markets)
- Due diligence and risk assessment for acquisitions of projects and companies
- Pool-market simulation, load & dispatch, spot price modelling
- Project modelling and optimisation
- Retail tariff pricing analysis
- PV solar project economics and retail solutions
- IPP project development
- Fuel demand forecasting
- Carbon emission analysis and strategies
- PPA and fuel supply negotiations
- Secondment of experienced personnel on a temporary basis
Who We Assist
Our Clients Include:
- Large power utilities eg. CLP, JPower, EGCO,
- IPP companies eg. InterGen, GNPower, Sithe, YTL, San Miguel
- Electricity retailers eg. Meralco
- Gas producers and LNG suppliers eg. Shell, BHP, Origin, PTT, BG
- Financial advisors eg. Macquarie
- Banks and other lenders eg. Standard Chartered
- Private equity eg. Blackstone, Arcapita, Denham Capital
- Large power consumers eg. Coca Cola
- EPC companies
Power Markets We Know Best
IEC has a strong understanding of the power markets in the following Asia-Pacific countries:
- South Korea
- New Zealand
IEC donates up to 5% of its pre-tax profits to charities that support social or environmental causes. Over the past year, we have mainly supported the following charities:
- Medicines Sans Frontières msf.org.au
- The Red Cross redcross.org.au
- World Wide Fund For Nature wwf.org.au
- The Smith Family thesmithfamily.com.au
- The Salvation Army salvationarmy.org.au
- World Vision worldvision.org.au
- Cambodian Children’s Trust cambodianchildrenstrust.org
- Operation Cleft operationcleft.org.au
- Mercy Ships mercyships.org.au
International Energy Consultants
CEO's Message on Climate Change
Since the start of the Industrial Revolution, anthropogenic CO2 and other greenhouse gases have warmed our planet by around 1.0°C. In 2015, upon signing the Paris Climate Agreement, all nations around the world set themselves the goal of limiting global warming to below 2.0°C (preferably <1.5°C) compared to pre-industrial levels. Climate scientists now almost universally agree that, once the 1.5°C limit is breached, our planet’s climate will experience dramatic changes.
In 2018, the IPCC Special Report on Global Warming concluded that our planet’s atmosphere can probably absorb no more than 420 gigatonnes (Gt) of additional CO2, if we are to stay below the +1.5°C level. Around 42Gt of CO2 is currently emitted globally each year (equal to 1332 tonnes per second) by human activity, which means that the 1.5°C budget is expected to be exhausted by 2028. Once we hit that threshold, there is no going back and there is no Planet B. A sea level rise of at least several metres will be inevitable, food production will be severely threatened, rainfall and snow-melt patterns will be drastically altered, the current high rate of species extinctions will rise rapidly and extreme weather events, floods, droughts and forest fires will increase in frequency and intensity. High temperature and humidity will combine to make much of Asia, Africa and the Americas practically uninhabitable. If expected self-reinforcing feedback mechanisms kick in (eg. melting ice sheets and arctic permafrost), these changes will sharply accelerate and become irreversible. Humans have not faced such an existential threat for 75,000 years (when we nearly became extinct).
Use the Carbon Clock to check how much time is left to bring net greenhouse emissions down to zero .........