Trove Research is a specialist advisory firm dedicated to the energy transition and sustainable investing. The firm's expertise builds on 30 years experience advising companies and governments in three core areas.
Trove Research has been involved in the compliance and voluntary carbon markets for over 20 years. We played an early role in the UK Emissions Trading Scheme advising companies on their participation, and the EU Emissions Trading Scheme working for governments and the European Commission on design rules and corporates advising on compliance and trading strategies.
Guy Turner founded New Carbon Finance in 2006, later incorporated into Bloomberg New Energy Finance, to become the world's leading source of research and insight into the world's carbon markets covering the EU ETS, Clean Development Mechanism and Joint Implementation, as well as the regional schemes in the US of RGGI and California.
We supported the early analysis of the voluntary carbon market co-producing the annual state and trends of the voluntary carbon market with Ecosystem Market Place. We are now engaged with the Carney Taskforce on Scaling Voluntary Carbon Markets providing supporting analysis.
In the carbon market sector we work with a broad range of organisations.
Corporate climate transition strategies
Mounting pressure from regulators and investors together with ever decreasing costs of low carbon energy are creating new challenges for firms whose businesses have been based around fossil fuels. With direct experience in the oil & gas, renewable energy and finance sectors Trove Research is ideally placed to help clients navigate their journey towards Net Zero.
Renewable energy and low carbon investment
Renewable energy is at the heart of tackling climate change. Trove Research staff have been deeply involved in the sector for 20 years working on national policy, corporate strategy and project development.
As early as 2005 we advised the UK government on changes to the ROC system, and built detailed power price forecasting models for Europe, North America and Australia. Guy Turner, while on secondment to EDF Renewables UK as Strategy & Analysis Manager developed the firm’s long term corporate strategy and worked on several successful asset acquisitions in the UK and Ireland in on- and off-shore wind, battery storage and solar PV.
We now assist clients with decisions in a range of low carbon investments: