Lo passo
Biography
Publications

Dr. Lo Passo specializes in the application of regulatory economic principles to energy, transportation, telecommunications, and other industries in Italy and throughout the world. Formerly a Member of the Council of Experts for the Italian Treasury and a Senior Advisor on energy to the Italian Ministry of Foreign Affairs, he has broad experience in global privatization processes.

Dr. Lo Passo had worked on behalf of leading companies, investment banks, infrastructure funds, and institutional bodies in major European countries, Turkey, South Africa, and India. He has advised clients on regulatory issues including tariff design, cost of capital estimation for regulated companies, capacity payments, gas transmission tariffs, network codes, revenue neutrality mechanisms, unbundling of regulatory accounts, and incentive mechanisms for renewable energy sources. He has also supported clients in defining their regulatory strategy during market reforms.

Dr. Lo Passo has authored numerous articles for technical journals.

Representative Engagements
Article
January 27, 2017
Published in the January 27, 2017 issue of Quotidiano Energia

This article discusses the quantification of damages through arbitration by international investors of renewable energy projects, particularly solar photovoltaic (PV) plants.

Report
July 18, 2016
Prepared for the European Commission’s Directorate-General for Communications Networks, Content and Technology (DG Connect)

A report offering guidelines for EU-based National Regulatory Authorities (NRAs) to use when calculating an allowed rate of return—typically the weighted average cost of capital (WACC)—for electronic telecommunications operators with significant market power (SMP).

Presentation
Infrastructure Needs, Water Regulation, Financing Options and Areas of Improvements: Issues as Basis for Discussion
December 5, 2014
Presented to the First Workshop on Water Regulation in Europe, Rome, Italy
Report
Infrastructure Needs, Water Regulation, Financing Options and Areas of Improvements
December 2, 2014
Francesco Lo Passo and Cosimo Fischietti
Prepared for the First Workshop on Water Regulation in Europe, Rome, Italy
Report
A Tale of Two Crises: The Betas of EU Networks
August 2013
Published by The Brattle Group, Inc.
Report
Calculating the Equity Risk Premium and the Risk-free Rate
November 26, 2012
Prepared for NMa
Article
Project Bond e Sviluppo delle Infrastrutture
October 2011
Published in AREL, Osservatorio Energia e Ambiente
Article
Prove di class action
May 2011
Published in Formiche, Edition 59
Article
Per finanziare le opera privati e patto di stabilità più flessibile
December 1, 2010
Francesco Lo Passo and Paolo Emilio Signorini
Published in Il Sole 24 Ore
Article
Energia, il mercato reale alla fine vince sul mercato virtuale
June 30, 2010
Published in Milano Finanza
Article
Servizi pubblici locali. Ma una legge non basta
December 2009
Published in Formiche, Edition 43
Article
Lo stoccaggio di gas naturale fra obblighi di sicurezza e organizzazione di mercato
November 11, 2009
Published in AREL, Osservatorio Energia e Ambiente
Article
Infrastrutture. Come evitare una nuova bolla
August 2009
Published in Formiche, Edition 40
Article
Flexibility Mechanisms in the Proposal of EU Directive on Renewables
February 2009
Published in GME Newsletter, Issue 13
Article
La distribuzione di gas: riassetto, tariffe e sostenibilità degli investimenti
2009
Published in AREL, Osservatorio Energia e Ambiente
Article
Il settore idrico
2008
Published in Confindustria, Scenari economici Centro Studi