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Natural Gas

The Brattle Group applies its expertise in all sectors of the natural gas industry, from wellhead to burner-tip, and offers a wide variety of economic consulting services to gas market participants worldwide.

We provide economic expert testimony in regulatory and legal disputes over pricing, prudence and cost recovery, terms of access, and contract performance. We analyze the competitiveness of gas production, midstream markets, transportation and storage, and end-use markets in the context of restructuring proceedings, antitrust disputes, mergers and acquisitions, and government inquiries. We analyze damages or critique damages estimates performed by others. We provide strategic advice to clients on service design and pricing, asset valuation, and risk management as it relates to gas procurement.

Our clients have included pipeline and midstream companies, shippers, utilities, regulators, law firms, and governments in North and South America, Europe, Australia, and Asia. We have provided expert testimony on natural gas matters before the U.S. Federal Energy Regulatory Commission (FERC), the National Energy Board of Canada, the Alberta Energy Resources Conservation Board, and U.S. state utility commissions and federal and district courts. We frequently appear before antitrust authorities, arbitration proceedings, and government agencies around the world.

Our Focus

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Related Experts


Principals:
Daniel S. Arthur
Paul R. Carpenter
Richard E. Goldberg
Frank C. Graves
Dan Harris
Serena Hesmondhalgh
Carlos Lapuerta
Steven H. Levine
Pedro L. Marin
Matthew P. O'Loughlin
James A. Read, Jr.
Ira H. Shavel
Gerald A. Taylor


Principals Emeriti:
William B. Tye


Academic Advisors:
Richard B. Mancke
Ian Sue Wing


Senior Consultants:
Shaun D. Ledgerwood


Senior Associates:
Toby Brown
Richard Caldwell

Selected Publications

Modelling European Electricity & Gas Markets Brochure
Gas Services (Europe)
Natural Gas Brochure
Estimating the Cost of Equity for Regulated Companies
The Uncertain Future For ANS LNG Exports
Impact Assessment for the Framework Guidelines on Harmonised Transmission Tariff Structures
Un líbor en el Mercado de Gas en Europa?
Gas market integration via implicit allocation: Feasibility from the North-West European gas market perspective
Shale Gas and Pipeline Risk (external link)
A Comparison of Anti-Manipulation Rules in U.S. and EU Electricity and Natural Gas Markets: A Proposal for a Common Standard (external link)
Potential Coal Plant Retirements in U.S. and Impact on Gas Demand
Easing the Transition from Oil-Indexation
Research Into Gas Flexibility Services: Method Decision Flexibility Services
Natural Gas Demand and Environmental Policies
Natural Gas Demand and Environmental Policies
FASB Accounting Rules and Implications for Natural Gas Purchase Agreements
Gas Demand Response (external link)
Managing Natural Gas Price Volatility: Principles and Practices Across the Industry
Economic Impact of the Dutch Gas Hub Strategy on the Netherlands
Gas Price Volatility and Risk Management
Natural Gas Demand and Climate Policies
Price Re-Openers in Natural Gas Supply Contracts: Avoiding Costly Mistakes in Arbitration
Oil Indexation & Gas Prices: Is Current Pricing For Gas Sustainable?
How Do You Value Storage in Emerging Gas Markets?
North American Natural Gas Demand Outlook
Critique of the Industry Codes Governance Arrangements
Assessing Pipe-to-Pipe Competition: Theoretical Framework and Application to GTS
Assessing Value of Middle East LNG in Atlantic Basin Markets
Who Pays, Who Benefits, and Adequate Investment in Natural Gas Infrastructure
Developments and Risks: What's Happening Along the LNG Supply Chain?
The Advent of U.S. Gas Demand Destruction and its Likely Consequences for the Pricing of Future European Gas Supplied
Arabian Gulf LNG in North West Europe: Managing Risks, presented at the Fifth Doha Conference on Natural Gas: Stretching Frontiers, Doha, Quatar
'Evaluation of the Proposed Regulations Governing Open Seasons for Alaska Natural Gas Transportation Projects,' Prepared on behalf of BP Exploration (Alaska) Inc., ConocoPhillips Company, and Exxon Mobil Corporation, FERC Docket No. RM05-01
Forward and Spot Prices in Electricity and Gas Markets: Does 'Storability' Matter
Seasonal Volatility in Energy Prices: A Study of Natural Gas and Electricity Futures
Improving the Performance of Natural Gas Markets in Electricity System Reliability
Wholesale Gas Competition in the Netherlands and Implications for Phase III Customers
Long-Term, Fixed-Price Supply Contracts for LDCs Solve Problems
Convergence of Non-Discriminatory Tariff and Congestion Management Systems in the European Gas Sector
Measuring Gas Market Volatility - A Survey
Incentives for Expanding Pipeline Capacity
CPUC v. El Paso Merchant Energy, et al., FERC Docket No. RP00-241-000
Overseas Experience – Lessons for Australian Gas and Power Markets from California and Europe
Liberalizing Energy Markets: Lessons from California's Crisis
Third-Party Access to Natural Gas Networks in the EU
Optimization and Valuation of Natural Gas Storage or How to Get More out of the Gas Piggy Bank
New Pipeline Authorisation and Third-Party Access Tariffs for the Natural Gas Network in Ireland