Nicholas Leighton-Hall

I have worked as a Fixed Income trader for over 13 years. In 2018, among the multitudes of pieces I would read on a daily basis, I stumbled across some research, which framed the way in which the economy works as “The Energy Pyramid”. This drew upon the laws of thermodynamics to derive the behaviour of the economy as a whole, in which the most important building block was the marginal cost of energy.

This was the lightbulb moment for me and I knew that if there was one problem I could use my background to help people with, this was the one. This is the mission statement of both the Marginal cost of everything blog and MCOE Consultants, how do you reduce the marginal cost of energy?

Not enough time (and energy), is spent looking at the marginal cost of energy and how the bottom line is impacted for households and the economy at large.  How do green innovations stand up to this analysis? How do we optimise the system for a green ecosphere? How do we ensure that the UK improves its marginal competitiveness and solve the growth enigma that has stymied both the previous Conservative government and the current Labour Government?

As the world lurches between net zero and more recent rejections by the Trump administration and beyond, it has never been more crucial to be armed with the right information.

As part of my broader role as Author and Independent Economics and Energy Consultant, I have been fortunate enough to guest post for organisations such as the Institute of Economic Affairs. Also, as part of the realignment of Conservative party energy policy announced by Kemi Badenoch in 2025, I provided crucial strategic advice to the Shadow Energy Secretary and her team.

Contained in this website is the landing page for the Marginal cost of everything , the home for all blogs and media appearances. This aims to cover all aspects and flashpoints of the move to Renewables and our changing Energy Landscape, in a way that is accessible and relevant to most. Given this is the most crucial political and economic issue of our time, the aim is to equip the population at large with the facts. By removing the rhetoric and being founded in fact, people can then make an informed decision at both an individual level and an economy level, on the key decisions for today and for the future.

MCOE Consultancy Services

MCOE Consultants offers tailored advice to Individuals, Businesses, Institutions and Governmental Bodies. Here, strategic recommendations and advice are provided, factoring in the individual needs and requirements of each client. 

MCOE Consultants is an independent firm, one that is not guided by any vested interests or stakeholders that need appeasement. We will solve for the only thing that matters. Yourself and your goals.

Practical applications are Economic, Financial, Engineering and Legal consultation. Advice can range from the short term and how to progress transactions, to more medium term strategic guidance and pillar to post transformational assistance on a longer term basis

If you or your firm are looking for advice on how to optimise your energy mix, optimise profit in a dynamic regulatory landscape, ensure energy security for your firm, or looking for policy advice at a higher level that is devoid of the absolutism of rhetoric and rooted in pragmatism, please see the MCOE Consultancy Services Portal.