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Biography
Testimony
Publications

Dr. Goldberg specializes in complex litigation and management consulting matters in which careful analysis and modeling of economic, business, or financial data is critical. His work often requires statistical analysis of market price data, valuation of complex financial instruments, quantifying market risk, and analyzing trading records. Dr. Goldberg combines technical prowess with a deep knowledge of the practical aspects of analyzing and constructing large scale data.

Dr. Goldberg has provided expert testimony before federal and state courts, arbitration panels, mediators, and regulatory bodies. His conclusions are often based on statistical analysis, market valuation, a determination of policy compliance, or a damages calculation. In addition to providing expert testimony, Dr. Goldberg also consults to attorneys by providing assistance in the interpretation and evaluation of complex analyses and in preparing to depose or rebut economic experts proffered by an opposing party.

He frequently provides energy companies with analysis, training, and tool development related to market price forecasting, valuation of power plants and energy supply contracts, and risk management. He is considered an industry expert in the application of derivative security pricing methods to calculate the market value of energy contracts and physical assets.

Dr. Goldberg is the co-author of a leading textbook on digital audio technology and a Visiting Scholar at Stanford University’s Computer Center for Research in Music and Acoustics (CCRMA), where he teaches audio compression technology to graduate students and industry professionals.

Prior to joining The Brattle Group, Dr. Goldberg was Manager, Risk & Asset Management for the Electric Power Research Institute (EPRI). He has held research positions at Stanford University, Lawrence Livermore National Laboratory, Princeton University, the National Center for Atmospheric Research, and the Harvard-Smithsonian Center for Astrophysics.

Representative Engagements
Presentation
Valuation Controversies in Oil and Gas Bankruptcies
June 2, 2016
Published by The Brattle Group, Inc.
Article
April 2016
Published in Law360
Article
Hedge Timing: There’s No Magic in Dollar Cost Averaging
May 2012
Published in Public Utilities Fortnightly
Report
Advances in Volatility Modeling for Energy Markets: Methods for Reproducing Volatility Clustering, Fat Tails, Smiles, and Smirks in Energy Price Forecasts
December 2011
Published by Electric Power Research Institute (EPRI), TR 1021812
Report
The Impact of Decoupling on the Cost of Capital – An Empirical Study
March 2011
Published by The Brattle Group, Inc.
Report
Cleaning Up Spark Spreads: How Plant Owners Can Reduce Risk Through Carbon Markets
March 2011
Published by The Brattle Group, Inc.
Article
Smart Power, Energy Price Risk Management Evolution
November 2010
Published by Electric Light and Power, vol. 88, issue 6
Report
Just Lucky? A Statistical Test for Option Backdating
March 27, 2007
Published by Social Science Research Network, No. 977518
Report
Delta Hedging Energy Portfolios
2005
Published by Electric Power Research Institute (EPRI), TR 1010686
Report
Seasonal Volatility in Energy Prices: A Study of Natural Gas and Electricity Futures
2004
David A. Andrade, Richard E. Goldberg, and James A. Read, Jr.
Published by Electric Power Research Institute (EPRI)
Report
Retail Risk Management: A Primer
2003
Published by Electric Power Research Institute (EPRI), TR 1002225
Report
Analytic Approximations for Generation Option Values
2003
Published by Electric Power Research Institute (EPRI), TR 1002209
Report
Financial Engineering in the Energy Book System - A Wind Turbine (technical update)
December 2002
Published by Electric Power Research Institute (EPRI)
Book
Introduction to Digital Audio Coding and Standards
2002
Richard E. Goldberg and Marina Bosi
Published by Kluwer Academic Publishers
Report
Modeling Seasonal Volatility in the Energy Book System
December 2001
Published by Electric Power Research Institute (EPRI)
Report
Optimization and Valuation of Natural Gas Storage or How to Get More out of the Gas Piggy Bank
2001
Published by Electric Power Research Institute (EPRI)
Article
Dealing with a Price-Spike World
May 2000
Published in Energy & Power Risk Management
Article
Energy Derivatives and Price Risk Management
2000
In Pricing in Competitive Electricity Markets, edited by Ahmad Faruqui and B. Kelly Eakin, and published by Springer