Electric Power

The Brattle Group assists electric utilities, deregulated power producers, customers, regulators, and policymakers with planning, ratemaking and litigation support, and with developing (or responding to) new market designs and regulatory frameworks.

Our experience includes international electricity markets that illuminate alternative approaches to similar problems.

We assist electricity market participants in business strategy and understanding and preparing for changes in regulatory policy, and offer a range of operational and financial tools, as well as large-scale system costing and planning models for simulation and forecasting market structure and conduct. Our experts have testified before federal and state regulatory agencies, courts, and arbitration panels worldwide on some of the most high-profile industry matters.

Areas of Expertise

Principals
Metin 087
Principal
+1.617.864.7900
Dr. Celebi provides expertise in electricity markets and the analysis of environmental and climate policy. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Chang for web
Principal
+1.617.864.7900
Judy Chang is an energy economist and policy expert with a background in electrical engineering. She has 20 years of experience in advising clients in transmission, resource, and strategic planning. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Chupka 090
Principal
+1.202.955.5050
Mr. Chupka has more than 25 years of public and private sector experience analyzing energy markets and regulation and assisting energy clients and counsel in a broad span of commercial analysis, regulatory proceedings, and litigation support. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Garcia 084
Principal
+34.91.048.71.00
Dr. García advises clients on competition, regulation, and restructuring policy in the energy, banking, telecommunications, and food supply industries. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Hesmondhalgh 086
Principal
Dr. Hesmondhalgh has worked as a consultant in the energy sector for more than 20 years, predominantly in the electricity and gas sectors. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Ryanhledik img 4596
Principal
+44.20.7406.7900
+1.415.217.1000
Mr. Hledik has expertise in assessing the economics of smart grid investments and policies. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Lo passo
Principal
Dr. Lo Passo specializes in the application of regulatory economic principles to energy, transportation, telecommunications, and other industries in Italy and throughout the world. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Newell 090
Principal
+1.617.864.7900
Dr. Newell is an expert in electricity wholesale markets, the transmission system, and RTO rules. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Pfeifenberger 034 edited
Principal
Mr. Pfeifenberger is an economist with a background in electrical engineering and over twenty-five years of experience in the areas of regulatory economics and finance. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Ros bio photo
Principal
+1.617.864.7900
Dr. Ros specializes in costing and demand analysis, cost of service and performance-based ratemaking, competition analysis and disputes, damages, and econometric modelling. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Shavel 087
Principal
+1.202.955.5050
Dr. Shavel is an energy economist specializing in the economics and operations of the U.S. electric power system, generation and transmission investment, and environmental strategy. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Spees 13a
Principal
+1.617.864.7900
Dr. Kathleen Spees has expertise in wholesale electricity and environmental policy design and analysis. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Tsuchida 084
Principal
+1.617.864.7900
Mr. Tsuchida specializes in the analysis of wholesale electric markets and modeling. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisors
Academic Advisor
Dr. Brennan is a Professor of Public Policy and Economics at the University of Maryland, Baltimore County and a Senior Fellow at Resources for the Future. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Fox penner 131
Academic Advisor
+1.202.955.5050
Dr. Fox-Penner specializes in economic, regulatory, and strategic issues in network industries. His practice centers on energy and environmental policies and electric regulation, planning, and competition issues. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Senior Associates
Aydin 087
Senior Associate
+1.617.864.7900
Mr. Onur Aydin is a senior associate with an engineering background and over 10 years of experience in energy economics, electricity market modeling, and transmission planning. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Bonetti19
Senior Associate
Valentina Bonetti has experience in litigation and regulation projects, particularly in the natural gas and LNG industry. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Geronimo 062
Senior Associate
+1.617.864.7900
Ms. Geronimo Aydin addresses electricity industry issues and provides economic assessments in the context of strategic and resource planning, regulatory proceedings, and litigation. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
24 edit 2
Senior Associate
+1.202.419.3356
Mr. Kline’s areas of expertise include electricity markets and regulation, financial accounting, corporate finance, asset valuation, international arbitration, market manipulation, and fraud. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Lessem 054
Senior Associate
+61.2.8123.0999
Dr. Lessem assists utilities, policymakers and technology firms across North America, Asia, the Middle East and Australia on rate design, energy policy, innovative pricing, experimental design, technology adoption and policy impact measurement. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
0014 1
Senior Associate
+1.202.955.5050
Dr. Powers has expertise in industrial organization and energy economics. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Ruiz 065
Senior Associate
+1.617.864.7900
Dr. Ruiz is an electrical engineer with experience in electric power systems analysis and research. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Yang71
Senior Associate
+1.202.955.5050
Dr. Yang specializes in the development of economic models to conduct economic and policy analyses in the energy industry, with a focus on the power sector. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Presentation
Effect of DG Installation on Customer Load Shapes
June 23, 2017
Presented to Westar Energy
Report
Evolving Business and Regulatory Models in a Utility of the Future World
June 2017
Published by The Brattle Group's Retail Energy Practice
Article
Do Manufacturing Firms Relocate in Response to Rising Electric Rates?
June 2017
Published in Energy Regulation Quarterly, Volume 5, Issue 2

This article investigates whether U.S. industrial manufacturing customers faced with rising electric rates relocate to lower-cost regions.

Article
Reforming Ontario’s Wholesale Electricity Market: The Costs and Benefits
June 2017
Published in Energy Regulation Quarterly, Volume 5, Issue 2

This article provides a review of a recent report authored by Brattle economists examining the net benefit that Ontario could realize through implementation of a locational energy market, improving the system’s operating flexibility, and the introduction of an incremental capacity auction for maintaining resource adequacy.

Presentation
DERs and Electricity Rates in Ontario
May 29, 2017
Presented at The Mowat Centre Conference on Emerging Energy Trends
Presentation
Rethinking Capacity Mechanisms in the Context of Emerging Flexibility Challenges
February 3, 2017
Presented at the European Capacity Mechanisms Forum
Presentation
Brattle Tariff Design Best Practices
June 1, 2016
Prepared for Tenaga Nasional Berhad (TNB) and the Government of Malaysia
Report
April 2016
Prepared for Citizens Advice
Article
Efficient Tariff Structures for Distribution Network Services
December 2015
Published in Economic Analysis and Policy, Vol. 48
Report
Toward More Effective Transmission Planning: Addressing the Costs and Risks of an Insufficiently Flexible Electricity Grid
April 2015
Prepared for WIRES
Report
An Evaluation of SRP’s Electric Rate Proposal for Residential Customers with Distributed Generation
January 5, 2015
Prepared for the Salt River Project
Report
Targeted Performance Incentives: Recommendations to the Hawaiian Electric Companies
September 15, 2014
Prepared for the Hawaiian Electric Companies
Report
Structure of Electricity Distribution Network Tariffs: Recovery of Residual Costs
August 2014
Prepared for the Australian Energy Market Commission
Report
Incentive-Based Ratemaking: Recommendations to the Hawaiian Electric Companies
May 20, 2014
Prepared for The Hawaiian Electric Companies
Report
The Impact of Revenue Decoupling on the Cost of Capital for Electric Utilities: An Empirical Investigation
March 20, 2014
Michael J. Vilbert, Joseph B. Wharton, Charles Gibbons, Melanie Rosenberg, and Yang Wei Neo
Prepared for The Energy Foundation
Report
Independent Evaluation of SCR Systems for Frame-Type Combustion Turbines: Report for ICAP Demand Curve Reset
November 1, 2013
Marc Chupka and Anthony Licata
Prepared for the New York Independent System Operator, Inc.
Report
2013 Offer Review Trigger Prices Study
October 2013
Samuel A. Newell, Michael Hagerty, and Quincy X. Liao
Prepared for ISO New England
Report
Recommendations for Enhancing ERCOT’s Long-Term Transmission Planning Process
October 2013
The Brattle Group, Inc., prepared for The Electric Reliability Council of Texas (ERCOT)
Report
The Benefits of Electric Transmission: Identifying and Analyzing the Value of Investments
July 2013
Published by Working group for Investment in Reliable and Economic electric Systems (WIRES)
Report
Potential Implications of the AUC TCM Decision (2013-135) on the Alberta Electricity Market’s Economic Efficiency
May 2013
Johannes P. Pfeifenberger, Judy Chang, and Michael DeLucia
Prepared for Alberta Electric System Operator
Report
Integrated System Nodal Study: Costs & Revenues of ISO Membership
March 8, 2013
Prepared for Basin Electric Power Cooperative, Heartland Consumers Power District, and the Western Area Power Administration
Report
Estimating the Cost of Debt
March 4, 2013
Prepared for the Dampier Bunbury Pipeline
Report
Calculating the Equity Risk Premium and the Risk-free Rate
November 26, 2012
Prepared for NMa
Report
Framework for Assessing Capex and Opex Forecasts as Part of a “Building Blocks” Approach to Revenue/Price Determinations
June 2012
Prepared for the Australian Energy Market Commission