Electric Power
European Energy Markets

The Brattle Group provides advice to private and public sector clients on the full range of competitive, regulatory, and commercial issues that arise in EU energy markets. Our experience working with regulators and regulated and unregulated companies provides us with a unique breadth of perspective, and allows us to address the most complex problems on behalf of our clients.

We apply analytical capabilities and quantitative tools, including detailed modeling of European and global power, natural gas, and carbon markets, to assist our clients in the following areas:

  • Competitive analysis of mergers and acquisitions
  • Contract negotiation and arbitration
  • Project valuation and investment decisions
  • Forecasting of prices and energy flows
  • Estimating damages in commercial litigation
  • Economic analysis in commercial arbitrations
  • Gas portfolio optimization
  • Tariff-setting for regulated networks

In the field of competition, we have provided energy economic consulting on the impacts of almost every major European energy merger since the mid 1990’s, including the mergers (or attempted mergers) of Gas Natural/Endesa, GdF/Suez, Nuon/Essent, E.ON/MOL, and Gas Natural/Unión Fenosa. We also advise regulators and companies on a range of regulatory consulting issues such as market design and integration, unbundling and ISO design, and exemptions from Third Party Access for new infrastructure. On the commercial side, we provide price forecasting and risk analysis tools and advise on complex strategic investments in new infrastructure and long-term contracts.

An important aspect of our energy work is our perspective in climate policy. We advise clients on the design of policy and regulations related to CO2 emission targets and the allocation of emission permits, as well as on the promotion of energy efficiency, renewable energy, carbon capture and storage and smart grids. We also advise on investment and commercial strategies that are influenced by climate policy decisions.

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Dr. Toby Brown specializes in the regulation and economics of the gas and electricity sectors. He has consulted for pipelines, utilities, and regulators and he has particular expertise in incentive-based regulation in the energy sector. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
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Dr. García advises clients on competition, regulation, and restructuring policy in the energy, banking, telecommunications, and food supply industries. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Harris 129
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(London) +44.20.3829.2340
Mr. Harris has more than fifteen years of experience as expert in valuation, quantification of damages, and the economics of gas and electricity markets. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
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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
Lapuerta 103pp
Mr. Lapuerta is an expert in economic analysis and financial valuation, which he frequently applies to estimate damages in international arbitration proceedings. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Marin 083
Dr. Marin is an economic expert on regulation and competition in various sectors, particularly energy, telecommunications, and transportation, as well as on econometrics, microeconomic and valuation techniques. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Jurgen weiss0492
Dr. Weiss specializes in issues broadly motivated by climate change concerns, such as renewable energy, energy efficiency, energy storage, the interaction between electricity, gas and transportation, and carbon pricing. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
Academic Advisors
Academic Advisor
Dr. Robinson is a Senior Fellow of the Oxford Institute for Energy Studies. He consults on competition, regulation, and corporate strategy in energy and other regulated sectors. More icon f02782c24cccaf6d90e1da53920c42f20e5a8955f54ac2ca5727ec7dc89987b4
April 2016
Prepared for Citizens Advice
What can (or should) we take away from Germany’s renewable energy experience?
January 2015
Published in Electricity Daily
Solar Energy Support in Germany: A Closer Look
July 30, 2014
Prepared for the Solar Energy Industries Association
Approaches to Setting Electric Distribution Reliability Standards and Outcomes
January 2012
Published by The Brattle Group, Inc.
An Economic Analysis of the Remit Proposals
June 2011
Presented at The 16th European Gas Conference in Oslo, Norway
BSC Modification 229: Potential interactions with options for changes to transmission charging
May 23, 2011
Prepared for Ofgem
EU Climate and Energy Policy to 2030 and the Implications for Carbon Capture and Storage: A Report for ALSTOM Power Systems
March 2009
Published by The Brattle Group, Inc.
Critique of the Industry Codes Governance Arrangements
June 2008
Serena Hesmondhalgh, Boaz Moselle, and Toby Brown
Prepared for Ofgem