About

Profile image of Martin Silcock in suit with shirt

I am a strategic thinker who drives change in organisations and sectors where regulation is central to creating value.  My core experience is in the water and energy sectors working with companies, regulators and government to make change happen from strategy to implementation.  I love to work where in fluid or complex situations where there is a premium on effective challenge and clarity of thinking about problems and solutions.  I can help you at strategic, tactical bring effective challenge and help to develop strategies and approaches which work in all types regulatory interactions or multi-stakeholder programmes.

My Expertise

My core areas of experience and expertise include:

  • Regulation in in water, gas and electricity distribution
  • Customer and stakeholder engagement in regulation
  • Utilities policy influencing and development
  • Regulated utility markets

Here are selected highlights of my experience illustrating the range of capability I can offer.  But I have 30 years of experience in regulatory contexts.  Get in touch for more details or a full CV.

My Credentials

Chartered Accountant (ACA)
The Financial Times non-executive director diploma logo
FT Non-Executive Director Diploma

Complete Strategy

As well as consulting directly with clients, I am an Associate at Complete Strategy, a boutique strategy consultancy offering services in strategy regulation and programme management.

Regulatory Price Reviews

Led two successful five-yearly regulatory price reviews for Anglian Water involving:

  • Setting overall strategy
  • Devising innovative customer and stakeholder engagement
  • Regulatory financial modelling
  • Developing compelling business cases and plan submissions
  • Interactions with regulators and other key stakeholders
  • Managing Board decision-making

I am closely involved in ongoing price reviews in UK gas distribution as a member of Customer Engagement Group for Cadent Gas and in UK electricity distribution supporting UK Power Networks.

Skills

  • Regulatory influencing
  • Strategy
  • Customer research and stakeholder engagement
  • Assurance
  • Programme direction
  • Regulatory finance
  • Investment planning and optimisation
  • Board-level interaction

Commercial Strategy

Developed Anglian Water's commercial and operational strategy towards the potential new water retail market in England, establishing a profitable new business in the existing Scottish market: one of the top 3 retailers by market share. AnglianWater leveraged this experience to shape the subsequent opening of the much larger English market and secure a first-mover advantage in this market. I led the Board through its decision-making considering scale of opportunity, threats and risk, business case and organisational design and implementation.

Skills

  • Strategy development & strategic analysis
  • Board-level interaction
  • Utility market policy and development
  • Organisation design

Customer and stakeholder engagement

I devised and led a new approach to customer engagement in regulatory price controls which has subsequently been adopted as standard in the water and energy sectors.  This involved creating independently-chaired Challenge Groups of customers and other stakeholders to provide scrutiny and challenge. It enhanced stakeholder relationships, helped secure successful price review outcome.  The approach was taken forward as standard in subsequent water price control reviews.

Skills

  • Stakeholder and customer engagement
  • Regulatory influencing

Building capability for a new market

Between 2014 and 2017 I played a central role in Open Water - the Programme to implement the new business retail water market in England and Wales. I was Director of Market Services at MOSL a company formed to be the new market operator. I built MOSL's organisational capability in market design and governance, system design, testing and acceptance, market readiness, assurance and performance monitoring. I developed its operating model and recruited and trained teams needed to implement it and was a member of the dynamic and flexible Senior Leadership Team overseeing all aspects of the start-up and successful market implementation.

Skills

  • Start-up
  • Building organisational capability
  • Operating model design and development
  • Assurance design
  • System implementation (quality control, data acquisition, test design and execution, user acceptance)
  • Utility market implementation and operation

Other Experience

The experience described above and in My Services is just a small selection. Here are some of the other things I have done. Details of any of these are available.  

Anglian Water

  • Influenced development of government policy in water abstraction
  • Regulatory finance and financial model development
  • Developed a new strategy towards the market for sewage sludge
  • Managed a group strategic review
  • Defended a Competition Act case

Open Water and MOSL

  • Created an industry-wide assurance framework and approach for the retail water market
  • Systems specification and procurement for market systems, obtaining challenging government approvals
  • Resolved problematic GDPR compliance
  • Implemented and ran market and code governance arrangements
  • Resolve contentious issues over arrangements for retailer credit arrangements

Older work

  • Developed an innovative assurance approach for the implementation of the Brazilian electricity market
  • Advised a Turkish electricity transmission company through market liberalisation
  • Provided assurance over the implementation of the retail electricity market in the UK
  • Developed retail strategy for a UK downstream oil business
  • Designed and implemented business continuity arrangements for a train operating company
Contact Martin Silcock
Start Now