A whitepaper by Brattle economists finds that the vulnerability of some U.S. nuclear power plants to premature retirement could create a major threat to the attainment of carbon dioxide (CO2) reduction.
A whitepaper released today by leading energy and commodities expert Philip Verleger and economists at The Brattle Group finds that the U.S. House of Representatives’ Tax Reform Task Force Blueprint (the Blueprint) would lead to an increase in the domestic price of crude oil.
In the multidistrict litigation case, In Re: Municipal Derivatives Antitrust Litigation, Brattle was retained by the Plaintiffs’ counsel, including attorneys from Boies, Schiller & Flexner LLP, Hausfeld LLP, and Susman Godfrey LLP, to conduct relevant economic and empirical analyses.
The Brattle Group is pleased to announce that Shannon W. Anderson has joined the firm’s growing network of internationally renowned experts as an academic advisor.
Brattle economists have released a presentation that shows the U.S. electric power industry has been investing in renewable resources well beyond states’ renewable portfolio standards (RPS) and targets.
Principals Romkaew Broehm and James Reitzes, and Senior Associate Jeremy Verlinda have recently submitted comments to the Federal Energy Regulatory Commission (FERC) in response to the Commission’s Notice of Inquiry (NOI) on Analysis of Modifications to Commission Requirements for Review of Transaction Under Section 203 of the Federal Power Act and Market-Based Rate Applications under Section 205 of the Federal Power Act.
A report by Brattle consultants examines the economic and policy implications of different carbon dioxide (CO2) allowance allocation approaches under the Clean Power Plan’s (CPP) mass-based standard and/or carbon-cutting programs.
A report issued by Brattle consultants examines the potential implications for competitive wholesale electricity markets if new gas-fired combined cycle (CC) plants are not covered under the Clean Power Plan’s (CPP) mass-based state implementation plans (SIPs).
The Brattle Group is pleased to announce that Greg Allenby has joined the firm’s growing network of internationally renowned experts as an academic advisor.
A report authored by Brattle economists evaluates mechanisms for mitigating market power in the reformed wholesale energy market scheduled for July 2017 implementation in Western Australia’s South West Interconnect System.
Brattle Principal Stewart Myers, the Robert C. Merton (1970) Professor of Finance, Emeritus at the MIT Sloan School of Management, been recognized in a feature article appearing in the October 2016 issue of The Journal of Finance.
A team of Brattle consultants has contributed to the recently released report, “New York City’s Roadmap to 80 x 50,” published by the New York City Mayor’s Office of Sustainability.
A report co-authored by Brattle economists finds that the life insurance industry is a critical driver of economic growth that helps provide stability for the U.S. economy while delivering financial protection to millions of American families, including those most vulnerable to falling below the poverty line.
Who’s Who Legal recognized twelve Brattle economists as leading experts in the fields of economic, forensic and litigation consulting, and transactional services.
A report authored by Brattle economists on behalf of APA Group was recently quoted in an article in the October 5, 2016 issue of The Australian Financial Review.
The Brattle Group announced today that finance expert Dr. Elaine Buckberg has joined the firm’s Washington, DC office as a principal.
Testimony by Brattle consultants contributed to a favorable outcome for the State of California in a recent decision by the U.S. Court of Appeals for the Ninth Circuit, which upheld a ruling by the Federal Energy Regulatory Commission (FERC) finding that several electric power sellers committed tariff violations during the California Energy Crisis in the summer of 2000.
Oil expert Dr. Philip Verleger, working with Brattle Principal Darrell Chodorow, helped to obtain a favorable outcome for Alaskan refiners in an August 30, 2016 decision handed down by the United States Court of Appeals for the District of Columbia Circuit.
Hannes Pfeifenberger, Judy Chang, and Onur Aydin have authored an article published on Brink that examines the need for improved transmission planning that increases flexibility to comply with evolving future regulations, while meeting anticipated policy goals at lower costs and lower risks for customers.
Brattle Principal Torben Voetmann recently authored a paper investigating the cost components of the bid-ask spread and the changes in the spread around earnings announcements on the small Danish stock market in the 1990s.
The Brattle Group has been recognized as one of the 10 best consulting firms to work for in the 2017 Vault Consulting 50. For the third consecutive year, Brattle ranked highest among all economic consulting firms.
A new report authored by Brattle economists on behalf of APA Group reviews integration in APA’s pipeline operations in Eastern Australia since the acquisition of Epic Energy in December 2012, and identifies the economic costs and benefits associated with integration.
The Brattle Group is pleased to announce the promotions of Rachael Barza, Valentina Bonetti, Jehan deFonseka, David J. Hutchings, Charles Gibbons, Fabricio Nunez, Jack Stirzaker, and Yingxia Yang to Senior Associate.
Brattle economists have authored an article published in the July 2016 issue of The Electricity Journal that analyzes the implications that the introduction of demand charges could have on customer bills and the economics of distributed energy storage.
Brattle Principals Kevin Neels and Pallavi Seth, along with Jeffrey C. Metzcar, partner at Thompson Hine, recently wrote an article published in Law360 discussing the types of information attorneys and economic experts find valuable in patent infringement litigation.
The Brattle Group is pleased to announce the promotions of Sanem Sergici and Pallavi Seth to principal.
Brattle economists have authored a paper examining the rationale for offering three-part rates to all residential customers.
A report released today by economists at The Brattle Group offers 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).
A recent order issued by the Federal Energy Regulatory Commission (FERC) on export pricing cites an analysis conducted by Brattle Academic Advisor Peter Fox-Penner and Principal Romkaew Broehm on behalf of the Midcontinent Independent Transmission System Operation (MISO) and MISO Transmission Owners.
In a new Brattle article, Pinar Bagci and Serena Hesmondhalgh and examine the key findings of the energy market investigation and comment on the possible effects of the CMA’s decision to implement a transitional price cap for prepayment meter (PPM) customers, impacting nearly four million households.
Brattle economists have authored a report that analyzes the role that higher ethanol blends of gasoline (E85) could play in meeting the proposed 2017 renewable volume obligations (RVOs) under the Renewable Fuel Standards (RFS) program.
Brattle economists have co-authored a new study that provides a comprehensive examination of the impacts of transforming the California Independent System Operator into a multistate, regional ISO.
Expert testimony by Principals Paul Carpenter and Steve Levine helped to secure a favorable outcome for the U.S. Department of the Interior in a contract dispute with Rockies Express Pipeline LLC.
In the recently decided case SEC v. Goldstone et al, Brattle Principal Chris Laursen submitted an expert report and testified in the jury trial held in the U.S. District Court for the District of New Mexico.
The DC Circuit Court of Appeals recently ruled that the Federal Energy Regulatory Commission’s (FERC) Income Tax Allowance (ITA) policy for partnership pipelines, when applied in tandem with its Discounted Cash Flow Rate of Return on Equity (DCF ROE) methodology, results in inequitable rates of return for partnership pipelines.
Brattle consultants have issued a report that provides technical guidance to U.S. state policymakers on how to enable clean energy imports from Canada for compliance with the Environmental Protection Agency’s (EPA) Clean Power Plan (CPP).
The Brattle Group announced today that commercial litigation and intellectual property expert Andy Harington has joined the firm’s Toronto, Ontario office as a principal.
The Brattle Group has been recognized in Forbes magazine’s list of America’s Best Management Consulting Firms.
A new whitepaper released today by economists at The Brattle Group examines the clean energy resources available for the Commonwealth of Massachusetts and key policy considerations to help meet the aggressive, long-term greenhouse gas (GHG) reduction requirements established by the Global Warming Solutions Act (GWSA).
Brattle Principal David Sunding’s research was cited in a United States Supreme Court decision on Army Corps of Engineers v. Hawkes, issued on May 31, 2016.
A new report released today by Brattle Principals Judy Chang and Johannes Pfeifenberger finds that reforming the U.S. electric transmission planning and development process to address the evolving energy generation landscape could save customers up tens of billion dollars annually in overall cost savings.
Brattle Principal Adoria Lim recently authored an article published in the June 2016 issue of Financier Worldwide discussing the importance of financial due diligence in mergers & acquisitions (M&A) transactions.
Brattle Principal Torben Voetmann has co-authored a paper published in the Quarterly Journal of Finance that analyzes the litigation risk of Chinese firms listed in the U.S.
The Brattle Group has been recognized in AdvisoryHQ’s List of Top 6 Best Economic Consulting Firms.
Brattle Principal Renée Duplantis has been appointed to the C.D. Howe Institute Competition Policy Council, which consists of the top-ranked academics and practitioners active in competition policy.
Brattle economists have authored a report that examines the landscape of emerging domestic distribution tariff design options in Great Britain (GB) and the impacts they may have on electricity consumers.
Brattle Principal Ryan Hledik co-authored a report that examines pricing issues related to the business relationship between electric distribution utilities and the owners of distributed energy resources (DERs).
A new report authored by Brattle economists finds that over the next 20 years, the price of natural gas is the primary driver for The Electric Reliability Council of Texas’ (ERCOT) transition to a clean energy future.
Consultants at The Brattle Group have prepared a study for the Independent Electricity System Operator (IESO) that provides an impact evaluation of Ontario’s province-wide roll-out of Time-of-Use (TOU) rates for its residential and general service customers.
Brattle Principal Steven Herscovici recently contributed to an amicus brief in support of defendant-appellees including SmithKline Beecham Corporation in Re: Wellbutrin XL Antitrust Litigation, an antitrust case currently before the U.S. Court of Appeals for the Third Circuit.
Brattle economists Coleman Bazelon and Lucrezio Figurelli authored a report released today that analyzes the economic cost and benefits of the National Highway Traffic Safety Administration’s (NHTSA) proposal to mandate a vehicle-to-vehicle (V2V) communication standard in the 5.9 GHz band known as dedicated short range communication (DSRC).
Brattle Principal Mark Berkman recently co-authored an article published in Volume 28, Issue 2, of the Environmental Claims Journal titled “Produced Water—Emerging Challenges, Risks, and Opportunities.”
Hannes Pfeifenberger, Sam Newell, Kathleen Spees, and Roger Lueken have authored an open letter in response to a series of questions on the state of U.S. electricity capacity markets posed by members of the United States Senate’s Committee on Energy and Natural Resources.
Principals Richard Goldberg and James Read have authored an article published in Law360 that examines potential points of contention when implementing oil and gas contract termination payments, in light of the ongoing decline of energy commodity prices.
The Brattle Group has announced that Alex Edmans has joined the firm’s network of internationally renowned experts as an Academic Advisor.
Brattle economists have authored a report demonstrating the potential of wireless technology to not only help U.S. farmers more efficiently manage water use, but to also add substantial value to the agricultural industry.
Brattle Academic Advisor Joshua Gans recently authored an article published in the Harvard Business Review discussing Ford Motor Company’s approach to addressing disruptive technology in the auto industry.
Brattle Principals Mark Berkman and Dean Murphy authored a report released today that reviews the New York State Department of Public Service’s (DPS) findings on the environmental and economic benefits of keeping upstate nuclear power plants open by leveraging the proposed Clean Energy Standards (CES).
Brattle Principals Toby Brown and Ahmad Faruqui and Associate Léa Grausz have authored an article published in the December 2015 issue of Economic Analysis and Policy that reviews different methods for ensuring economic efficiency when devising tariffs for distribution network services while meeting the revenue constraint.
Brattle Academic Advisor Abraham Wickelgren, an antitrust law professor at the University of Texas Law School, was quoted in a recent Law360 article, “5 Things That Bother Economists About Antitrust Law,” discussing what economists would like to change about how antitrust cases are litigated and judged.
Brattle Associate Yingxia Yang contributed a chapter to the newly-released book, Research on China’s Gas Development Strategy.
Based on evidence presented by Brattle consultants, a FERC Administrative Law Judge issued a ruling that found that the Mobile-Sierra doctrine does not protect two long-term wholesale electricity contracts entered into during the Western Energy Crisis in 2001.
Brattle Principal David Sunding’s research was cited in arguments before the Supreme Court of the United States (SCOTUS) on Wednesday, March 31, 2016.
Brattle Principal Jürgen Weiss appeared on a March 30, 2016 segment of Canada’s Business News Network (BNN), where he discussed the increasing competition between renewable power and LNG-fueled gas-fired generation in global energy markets.
Brattle Principal Coleman Bazelon contributed economic analysis to a white paper on the modernization of the Lifeline program released today by the Multicultural Media, Telecom and Internet Council.
Three Brattle Principals have been recognized as leading competition economists by Global Competition Review’s “Who’s Who Legal Competition 2016: Economists Analysis.”
Brattle Senior Associate Sanem Sergici has been featured in a March 15, 2016 Bloomberg article that examines the rise of the solar industry in the U.S. and its impact on electric power generators.
The Brattle Group announced today that it has opened an office in Sydney to support its clients in Australia and the greater Asia-Pacific region with face-to-face collaboration and efficient access to the firm’s global resources.
Brattle Academic Advisor Stuart Brotman has been named the recipient of the 2016 Broadcast Education Association’s (BEA) Lifetime Achievement in Scholarship (LAS). The BEA’s LAS recognizes significant contributions to research and scholarship involving broadcast and electronic media.
The Brattle Group has been featured in a recent Global Arbitration Review (GAR) analysis of the most active firms for providing expert witness services in the field of international arbitration.
The Ontario Superior Court of Justice recently ruled that financing provided by United States Steel Corporation (USS) to its subsidiary U.S. Steel Canada, Inc (USSC) was debt rather than equity.
Brattle Principals Steven Herscovici and Lisa Cameron and Academic Advisor Professor Joshua Gans recently assisted in preparing an amicus brief in support of defendants-appellees Wyeth LLC and Teva Pharmaceutical Industries Ltd in In re: Effexor XR Antitrust.
A Brattle report was recently featured in a Utility Dive article discussing the California Independent System Operator’s (CAISO) study to assess the potential of a regional electricity market in the West.
Brattle Principal Torben Voetmann and Senior Associate Sujay Dave have authored a Law360 article on the Merion Capital LP and Merion Capital II LP v. BMC Software opinion and the lessons learned for experts when opining on fair value in Delaware.
Brattle Principal Adoria Lim and Associate Chi Cheng have authored an article for Law360 on the ongoing changes in the U.S. accounting standards initiated by the Financial Accounting Standards Board (FASB) and their impact on litigation.
Brattle Senior Associate Pavitra Kumar recently contributed to Practice Points, a publication of the ABA’s Securities Litigation Committee, on the Securities and Exchange Commission’s (SEC) 2015 summary report of the Nationally Recognized Statistical Rating Organization (NRSRO).
Brattle Principal Dan Harris recently participated in a panel discussion on arbitrators and specialized knowledge (energy, construction, finance, and technology) at the Global Arbitration Review (GAR) Abu Dhabi conference.
A new report by economists at The Brattle Group reveals that advanced strategies of using electric water heating to provide ancillary services, store thermal energy on a daily basis, or adopt heat pumps can provide significant value to the electric power grid.
Brattle Principals Jürgen Weiss and Bruce Tsuchida have been awarded the Climate Change Business Journal’s (CCBJ) 2015 Business Achievement Award for Wind and Solar Integration for the case study they prepared for the Advanced Energy Economy Institute.
The Brattle Group announced today that financial industry expert Christopher Laursen has joined the firm’s Washington, DC office as a principal.
Brattle Principal Michael Cragg has been elected Chairman of the firm’s Board of Directors. Dr. Cragg succeeds Principal Paul Carpenter, who will remain a Director.
Economists at The Brattle Group have authored a letter that provides a review of Southwest Power Pool’s (SPP) newly-released “Value of Transmission” study.
The Brattle Group is pleased to announce that Principals Carlos Lapuerta, Alexis Maniatis, Stewart Myers, and José Antonio Garcia have been named among the world’s leading arbitration experts in Who’s Who Legal Arbitration 2016: Expert Witnesses Analysis.
Brattle Principal Mark Berkman recently authored an article for Water Policy on the potential for electricity generation to lead to water shortages in certain regions of the United States due to the high demand for water in the production of electricity.
Brattle Associate Michael Hagerty presented on the Environmental Protection Agency’s (EPA) Clean Power Plan (CPP) and its implications for the western interconnect at a recent EUCI conference, “Optimizing Carbon Market Mechanisms in the Western Interconnect."
The Brattle Group has been named one of the world’s top firms for competition economics by Global Competition Review (GCR). This is the ninth consecutive year that Brattle has been recognized in GCR’s annual “Economics 21,” an analysis of the world’s leading economic consulting firms.
A new report by economists at The Brattle Group finds that competition between renewable power and gas-fired generation using liquefied natural gas (LNG) from North America is increasing in overseas markets as a result of declining renewable power costs.
Brattle Principals Shaun Ledgerwood and Gary Taylor recently published an article on Risk.net discussing how failures of the first liberalized power market in the U.S. continue to shape the Federal Energy Regulatory Commission’s (FERC) anti-manipulation agenda fifteen years after the California energy crisis.
Brattle Principal Mark Berkman recently co-authored a chapter in the American Chemical Society’s (ACS) book, Hydraulic Fracturing: Environmental Issues, part of the Symposium Series. The chapter “The Legal and Economic Implications of Hydraulic Fracturing Bans,” was co-authored by Earl Hagström, a partner with Sedgwick LLP.
A recent article in the Italian newspaper Corriere della Sera features work by Brattle consultants in advising Ferrovie dello Stato Italiane (FS), the Italian State Railway, during their privatization process.
Brattle Principals Stewart Myers and James Read, along with Ohio State Professor Isil Erel, published an article on risk capital in the December 2015 issue of the Journal of Financial Economics.
Brattle Principal Stewart Myers, a Professor of Financial Economics at the MIT Sloan School of Management, has been named the recipient of the Morgan Stanley – American Finance Association (AFA) Award for Excellence in Finance for 2016.
Economists at The Brattle Group issued a policy brief that examines the compliance and implementation challenges facing states and utilities under the Environmental Protection Agency’s (EPA) proposed CO2 emissions standards for existing fossil units under the Clean Air Act (CAA) Section 111(d), known as the Clean Power Plan (CPP).
The Brattle Group Prizes for best papers in Corporate Finance for 2015, judged to be exceptional by the associate editors of The Journal of Finance, were awarded at the 2016 American Finance Association's Annual Meeting in San Francisco, CA on January 3-5, 2016.