Independent economic and regulatory analysis

Pacific perspective. International outlook.

Econova examines the energy, regulatory and economic forces shaping Pacific Island and international markets—and provides specialist advisory where rigorous decisions matter.

Markets under examination

Local institutions, understood in the context of wider global forces.

Pacific IslandsRegional systems
FijiGrounded perspective
AustraliaPolicy context
InternationalEnergy and capital
Research
Independent, source-led market analysis
Pacific
A Fiji base with regional understanding
Markets
Energy, infrastructure, prices and policy
Advisory
Selective, specialist economic support
Featured analysis

Original analysis is the clearest expression of Econova's perspective: locally informed, internationally connected and focused on decisions that matter.

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About Econova

Economic analysis with implementation discipline.

Led by Prashant Sarup and based in Fiji, Econova Consulting brings a Pacific point of view to questions shaped by global energy, capital, technology and policy trends.

Published analysis is designed to be rigorous and useful: transparent evidence, clear economic logic and close attention to how institutions and markets actually work.

Prashant's wider professional experience spans tariff design, cost-of-service modelling, petroleum pricing, regulatory frameworks, investment analysis and energy statistics systems.

Tariff design Cost-of-service modelling Energy statistics IPP assessment Fuel pricing Regulatory frameworks Financial modelling Competition analysis Python and SQL QGIS
Markets

Pacific grounded. Internationally connected.

Econova is based in Fiji. Its coverage follows the policy, pricing and investment questions that connect Pacific Island economies with wider international markets.

How we work

Independent advice shaped by markets, data, and institutions.

The goal is not a beautiful model that lives on a shelf. The goal is advice that clients can defend, update, and implement.

Quantitative where it matters

Models are built to test options, expose trade-offs, and support transparent pricing and policy decisions.

Practical in regulated environments

Recommendations consider legislation, institutional capacity, stakeholder incentives, and implementation constraints.

Focused on durable outcomes

Work products are designed so clients can maintain the analysis and use it beyond a single engagement.

Advisory

Specialist advisory for regulated energy and infrastructure sectors.

A focused set of services across pricing, policy, market design, and analytical systems.

Energy regulation and tariff design

Electricity tariff reviews, cost-of-service models, tariff methodology development, and IPP rate assessments.

Financial modelling and analysis

Revenue requirement models, capex and opex review, affordability testing, and long-term sustainability analysis.

Petroleum and fuel pricing

Import parity pricing, MOPS benchmark analysis, LPG pricing regulation, and downstream market reviews.

Energy statistics and data systems

Energy balances, validation frameworks, national reporting systems, and alignment with SDG7, IEA, and UNFCCC standards.

Market reform and competition

Competition assessments, licensing frameworks, compliance review, and market liberalisation strategy.

Infrastructure and transport pricing

Public transport fares, postal tariffs, broadband access regulation, and wider infrastructure pricing assessments.

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Publications and models

Open analytical platforms and applied modelling.

A growing set of public models and dashboards demonstrating practical analysis with real-world data.

Live benchmark
Latest monthly average
Monthly change
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OPEC Reference Basket price monitor

Monthly OPEC Reference Basket averages from July 2025 to July 2026, providing a clear benchmark for energy pricing analysis.

What is the OPEC Reference Basket? Introduced on 16 June 2005, the ORB is a benchmark made up of Saharan Blend (Algeria), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), Basra Medium (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Arab Light (Saudi Arabia), Murban (UAE), and Merey (Venezuela).

Figures reviewed every five days
Coming soon

Market data dashboard

A planned dashboard for comparing energy and infrastructure indicators across selected Pacific markets.

Register interest
Sectors

Focused expertise across essential services.

Electricity

Generation, network pricing, tariff reform, investment assessment, renewables integration, and utility regulation.

Fuel and gas

Petroleum price monitoring, import parity pricing, LPG regulation, and downstream market analysis.

Water and infrastructure

Pricing frameworks, revenue adequacy, institutional design, and infrastructure affordability assessment.

Telecommunications

Market review, access pricing, broadband policy, competition assessment, and regulatory compliance.

Insights library

Analysis across markets and systems.

Research and commentary on regulatory reform, energy economics and market design across the Pacific and beyond.

Contact

Let's discuss the decision in front of you.

Whether you need regulatory advisory, economic modelling, or a strategic partner for energy sector reform, I would welcome a conversation.

Email
Websiteeconovaconsulting.com
BaseFiji, with a Pacific perspective and international outlook