The Brattle Group has performed market power analyses in the context of major electric utility mergers, focusing how transmission availability and constraints affect the potential for the exercise of generator market power. In the context of improperly-functioning markets, such as the California market in the Western Power Crisis of 2000-2001, we have evaluated numerous transmission-related trading strategies and the extent to which individual market participants used those strategies to game market rules and manipulate spot energy and ancillary service markets.
Complex business and legal matters require intellectually honest and analytically rigorous solutions that are thoughtfully developed and clearly communicated. We apply economic and finance principles with uncompromising quality to achieve clarity in the face of complexity. Independent analysis, responsive execution, and compelling presentation. That’s Brattle. That’s the Power of Economics.