SEEPX Energy is a power sector data, research and advisory company. We provide international power sector due diligence and intelligence, primarily on Russian, Ukrainian and Central Asia.
SEEPX Energy has been following British, European, Russian, Ukrainian, and Central Asia’s power market developments, as each market emerged from the central planned systems to adopt varying degrees of deregulation and liberalisation—all with the goal to attracting investment and bettering efficiency.
Our evidence-based research is derived from multiple sources and ongoing fieldwork. With that, we produce lucid country power sector reports, specific topic-driven reports, detailed sector maps based on geospatial charting, crisp graphs and diagrams, detailed asset databases and comprehensive outlooks.
Whilst we are proud of our Russian, Ukrainian and Central Asia local knowledge, we track and analyse changes to the global power sector policy and regulation. The latter experience adds profound depth and perspective to our findings, research and benchmarking of regulatory practices.
Our profound understanding and long experience of the region’s overall performance, practices and policies affords us unique insight into each country's power sector fundamentals, infrastructure and regulations.
SEEPX Energy has supported numerous leading international and domestic companies. Moreover, our research became the staple diet for some 190 companies and affiliates.
Amongst those who we have directly supported were EN+, IHS Markit, TNK-BP, Ernst & Young, Moscow Energy Exchange, Otkritie Bank (Energy Fund), RBS Sempra, The Association of Power Distribution Companies of Ukraine, The Association of Mining and Metallurgical Companies (Kazakhstan), and Kazakhstan’s Energy Association (KAZENERGY).
A selection of projects:
CIS electric power capacity data and grid intelligence.
Willis Towers Watson client report on risk implications of Energy Transition on the global power industry.
Consultation to Kazakhstan’s Association of Mining and Metallurgical Companies (AGMP) on adapting Kazakhstan’s carbon policies to international standards and goals for low carbon development.
Power sector expert to EN+. Russian power industry research analyst for IPO on the LSE, successfully raising $1.5 billion and author of power industry report for EN+ prospectus. Ongoing expert transaction support and sector due diligence reports.
Foresight 2 project 2017 – detailed analytical report and recommendations on electric power market and regulatory development to 2050 for Kazakhstan’s Association of Mining and Metallurgical Companies (AGMP).
Kazakhstan’s 2015, 2017, 2019 and 2021 National Energy Reports, power section, with recommendations, in the context of Energy Transition, steered by KazEnergy (energy association), ExxonMobil, Samruk Energy, KEGOC, and Kazakh Ministry of Energy.
Benchmarking review of Ukraine's incentive based tariff (RAB) methodology for power distribution Association, providing recommendations to business leaders and government in 2016 (partnered with IHS Markit).
Contract policy analyst for IHS Markit focusing on Russian, Central Asia, and Ukrainian power sector topics as well as consultant. Co-author of IHS Markit's Russia Power Sector Quarterly.
Advised one of Russia’s largest independent oil and gas companies on power trading and portfolio management and converting associated gas to power in Russia.
Independent advisor to largest Russian Utility Fund Management Company ($1 billion to target $5 billion).
Russian power market route-to-market strategy for RBS Sempra.
Leadership
Katya de Vere Walker, a co-founder and Director of SEEPX Energy Limited, has worked in the Russian and Central Asian power sectors for 21 years.
Katya’s research and consultancy focuses on global and regional power sector policies and regulatory practices. She provides power sector insight reports and advisory services on Russia, Central Asia, and Ukraine. Expanded policy analysis include energy transition, sustainable development, industry decarbonisation, and investment enabling measures.
Over the years, Katya has supported a long list of international companies in the energy sphere. Amongst them, she supported EN+ (largest independent hydropower producer globally) with their $1.5 billion IPO, in preparing a Russian power industry report. In Kazakhstan, she led the “Foresight 2 project” for Kazakhstan’s Association of Mining and Metallurgical Companies, authoring a detailed analytical report with recommendations, and consultation on the Vision of electric power market and regulatory development to 2050.
She has also supported IHS Markit in numerous projects and research. In particular, Katya helped develop IHS Markit’s Russian Power Sector Quarterly in 2018–19. Katya joined IHS Markit’s team in several advisory projects, co-authoring Kazakhstan’s 2015, 2017, and 2019 National Energy Strategy Reports, steered by KazEnergy. In 2017, Mrs. de Vere Walker joined an expert team analysing incentive tariff methodology (RAB) in Ukraine. Prior to SEEPX Energy, Katya led AES Corporation’s (former AES Silk Road) stakeholder relations in Russia, Kazakhstan, Ukraine, and Georgia.
Katya is a member of Scientific and Technical Council of NJSC “International Green Technologies and Investment Projects Center”, Kazakhstan. Katya holds an MBA from Dowling College of New York (USA), an IPR Diploma in Public Relations from IPR (UK) and a Bachelor of Arts Degree from Moscow State Linguistic University.
Christopher de Vere Walker, co-founder and Director at SEEPX Energy Limited, has worked in global energy markets for 23 years.
He specialises in power fundamentals, infrastructure, and regulations. Christopher has authored numerous analytical reports on important energy issues and frequently carries out advisory power projects. An example of recent research and advisory work includes, power sector country profiles, Russia’s nuclear power prowess, incentive tariff regulation, renewables and climate change, and Central Asia’s energy balance. Christopher co-authored Kazakhstan’s 2015 and 2017 National Energy Strategy Reports, steered by KazEnergy and ExxonMobil. He was responsible for power and renewable energy research and recommendations.
Prior to SEEPX Energy, Christopher spent 10 years at IHS Markit heading power research for the company’s integrated Russian and Caspian Energy Service. Amongst his achievements at IHS Markit, Christopher created and managed the Russian Power Quarterly in 2018. Before joining IHS Markit, Christopher advised on several energy matters for international companies in the UK, Europe, Balkans, Russia, and Pakistan. He began his energy career in power trading, negotiating multi-million pound power contracts between energy companies. During this time, he also advised and managed a major client’s trading portfolio during the Enron collapse.
Owing to his work in Kazakhstan, Mr. de Vere Walker was awarded a medal for professional contribution to the development of Oil, Gas, and Energy sectors of the Republic of Kazakhstan. Mr. de Vere Walker completed his formal education in Her Majesty’s Armed Forces, where he served for eight years and achieved Best Recruit.