Techniques

The techniques we employ are tailored to the specific nature of the task. Some tasks require quantitative modelling to provide estimates of the magnitude of costs and benefits, and show how these may vary with changes in certain underlying assumptions. Other tasks are better tackled using a more descriptive approach to illustrate how certain policy approaches – such as auction design – can be used to tackle a particular policy problem.  The Frontier tool box includes:

• Econometric analysis – Frontier’s team of experienced econometricians use techniques ranging from time-series estimation to panel data to probabilistic analysis to assess the impact of policies.
  
• Cost-benefit analysis – Frontier economists examine the social costs and benefits of projects or policies in order to provide a comparable basis for assessment and analysis by policy makers.
  
• Financial analysis – Frontier draws on a range of sophisticated financial models developed with its strategic partner, SFG Consulting.  These models allow Frontier to provide clients with comprehensive analysis of the interplay between the many factors that impact on financial performance.
  
• Modelling – Frontier has developed a suite of proprietary models for the energy sector,which can be utilised to inform policy choices.