Principal Ahmad Faruqui has been featured in a recent Washington Post article that examines the reasons why smart meters have yet to transform energy consumption habits.
Brattle economists Lisa Cameron and Steven Herscovici recently assisted in preparing an amici curiae brief in support of the defendants-appellants Actavis PLC and its subsidiary, Forest Laboratories LLC, in an antitrust case in the United States Court of Appeals for the Second Circuit.
Principals Ahmad Faruqui and Ryan Hledik have authored a report for the Salt River Project (SRP) that provides an evaluation of SRP’s proposal to introduce a new rate for residential customers who are planning to install distributed generation (DG) capability. Through their evaluation of the SRP proposal, the authors identify a way to restore fairness in rate design for DG customers that may be of interest to all utilities with residential DG customers.
Brattle consultants have co-authored a study for the Independent Electricity System Operator 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.
The Brattle Group is pleased to announce the promotion of Toby Brown, Ryan Hledik, and Kathleen Spees to principal.
The Brattle Group Prizes for best papers in Corporate Finance for 2014, judged to be exceptional by the associate editors of The Journal of Finance, were awarded at the 2014 American Finance Association's Annual Meeting in Boston, MA on January 3-5, 2015.
Brattle principal Jürgen Weiss was recently featured in the Climate Change Business Journal discussing how Clean Power Plan (CPP) compliance strategies based on renewable power will be integrated with renewable energy credit (REC) markets.
Brattle principals Paul Hinton and Michael Cragg recently co-authored an article for the January 2015 issue of Financier Worldwide that discusses how the technological evolution of the U.S. equity market’s microstructure and competitive forces may have combined to produce this paradox, the implications for market performance, and the dilemma this poses for regulators.
Brattle principal Paul Carpenter has been featured in an article from the December 21, 2014 issue of Petroleum News that discusses the long-term pricing outlook of Alaska’s oil and gas markets.
Brattle principal Marc Chupka has been featured in an article from the December 25, 2014 issue of The New York Times that discusses a new rule issued by the Environmental Protection Agency (EPA) governing carbon emissions from power plants. Among the most complicated issues is how to treat existing nuclear power plants, many of whom are threatened with shutdowns because cheap natural gas has made their reactors uncompetitive.
A Brattle report authored by principals Kevin Neels and Mark Berkman, “A Review of the Pipeline and Hazardous Materials Safety Administration’s Draft Regulatory Impact Analysis,” was recently cited in The Wall Street Journal’s recent article “Railcar Bottleneck Looms for Oil.”
Brattle principal Andrew Abere and senior consultant Michelle Cleary recently co-authored an article in Perspectives in Antitrust, a publication of the Antitrust Law Section of the American Bar Association, on working with economic experts.
A study authored by economists at The Brattle Group identifies the factors that impact the desirability of developing 5,000 to 10,000 MW of renewable generation in Nebraska for export purposes. Prepared for the Nebraska Power Review Board (PRB) and submitted to the Nebraska Legislature for consideration today, the study also presents options available to policy makers to meet the state’s economic development objectives.
Brattle principal Judy Chang was recently featured during an NPR segment addressing the tension between electric utilities and firms that provide new technologies, such as rooftop solar, that are reducing the demand to generate more electricity.
The Brattle Group was recently named one of the top economic consultancies by Global Competition Review's (GCR) 15th Annual "Economics 21".
State Street Global Exchange recently announced a new collaboration with the Private Capital Research Institute (PCRI), a non-profit organization founded by Brattle academic advisor Josh Lerner, the Jacob H. Schiff Professor of Investment Banking at Harvard Business School.
Last week the record for Starr International Co. Inc. et al. v. U.S. closed after 37 days of trial. This epic case involves the shareholders of American International Group Inc. (AIG) claiming compensation of nearly $50 billion for the U.S. Government’s taking and/or illegally exacting 79.9 percent of shareholders’ equity at the peak of the financial crisis the day after Lehman failed. The team supported the testimony of Brattle principal Michael Cragg who testified over the course of five days.
A report authored by Brattle economists finds that a new rule for rail tank car standards proposed by the U.S. Department of Transportation (DOT) could cost more than $60 billion due to tank cars modifications, lost tank car service time, and possible increased shipping costs.
On November 17th, consultants from Brattle’s utilities practice hosted a roundtable discussion on the future of residential rate design for the electric industry.
Through a competitive bidding process conducted by Brattle economists, FirstEnergy Corp.’s subsidiaries Metropolitan Edison Company, Pennsylvania Electric Company, and Pennsylvania Power Company have successfully solicited contracts for 48,500 Solar Photovoltaic Alternative Energy Credits annually over a two-year period.
Testimony provided by Brattle consultants supported a FERC order affirming the initial decision in the matter of San Diego Gas & Elec. Co. v. Sellers of Energy and Ancillary Servs, which found power suppliers engaged in manipulative behavior during the California Energy Crisis.
Four Brattle principals have been recognized as among the world’s top international arbitration experts by Global Arbitration Review in their annual survey, Who’s Who Legal: Arbitration.
A report by Brattle economists finds that the deployment of grid-integrated distributed electricity storage in Texas could provide substantial net benefits to the power system in ERCOT and its electricity customers.
The Brattle Group was recently featured in a Bloomberg Businessweek article, “Breathing Cleaner Air to Cost Americans on Utility Bills,” which outlines the implications U.S. electricity markets will face as clean-air regulations shut down more coal-fired power plants, forcing producers to rely more on natural gas.
Peter Fox-Penner recently co-authored the article “Resilient and Sustainable Infrastructure for Urban Energy Systems,” which is featured in the October issue of the Solutions journal.
A team of Brattle economists, led by principal Pinar Bagci, advised Nynas AB on the acquisition of a specialty base oil manufacturer of certain refinery assets operated by Shell Deutschland.
Brattle principal Peter Fox-Penner recently joined the Board of Directors of LRI Energy Solutions (LRI), a leading provider of lighting and water building efficiency services located in Gambrills, MD.
Coleman Bazelon testified in the closely watched voting rights case, Marc Veasey, et al. vs. Rick Perry, et al., that African Americans in Texas are disproportionately impacted economically by a Texas law requiring voters to present photo identification to retain the right to vote in person.
Brattle principal James Reitzes recently testified on competition in Canadian wireless mobile telecommunications before the Canadian Radio-television and Telecommunications Commission (CRTC). The CRTC hearing is taking place from September 29 through October 3 in Gatineau, QC.
Dr. Shaun Ledgerwood and Mr. Darrell Chodorow published an article in the September 2014 issue of Tax Notes in response to a recent summary judgment order in Geosyntec Consultants Inc. v. United States, presenting an alternative approach based on the economics of risk and reward allocation for contracts.
Brattle economists will manage a Request for Proposal (RFP) process to purchase 48,500 Solar Photovoltaic Alternative Energy Certificates (SPAECs) annually over a two-year period on behalf of FirstEnergy’s Pennsylvania Utilities – Penn Power, Penelec, and Metropolitan Edison Company.
Brattle principal Peter Fox-Penner has contributed to an anniversary edition of his 2010 book, Smart Power: Climate Change, the Smart Grid, and the Future of Electric Utilities.
Brattle consultants have authored two separate reports for the American Petroleum Institute (API) that provide a comprehensive overview of the natural gas and crude oil and product markets.
Brattle senior associate Toby Brown and principal Ahmad Faruqui recently prepared a report for the Australian Energy Market Commission (AEMC) on how electricity distribution network tariffs can be structured to recover residual costs.
Brattle economists have recently published an article in the Review of Industrial Organization that examines the competitive impacts of exchanges and sales of airport landing slots.
An article written by Brattle associate Rand Ghayad, “The Employment Puzzle: Should Dodd and Frank Be Blamed?” was recently featured in The Huffington Post.
Testimony provided by Brattle principal Bob Mudge underpinned key criteria cited by the Missouri Public Service Commission in a unanimous ruling against Ameren’s largest customer, Noranda Aluminum, Inc.
Brattle has been recognized as one of the 10 Best Consulting Firms to Work For in the 2015 Vault Consulting 50. Brattle ranked seventh overall, the highest among all economic consulting firms in the Vault listing.
The Court of Appeals cited Brattle studies in its recent decision to uphold the FERC Order 1000, compelling states to coordinate on transmission planning to meet cost obligations for new electricity transmission capacity.
Brattle principal Shaun Ledgerwood was quoted in The New York Times article “Traders Profit as Power Grid Is Overworked,” which discusses the recent trend of energy traders and banks profiting as a result of the increasingly congested electric grid as it struggles to meet demand.
The Brattle Group was retained by counsel for the UK Pension claimants to opine on allocation and claims issues in Nortel’s bankruptcy proceedings. Brattle experts sponsored and supported two testifying experts in recently-concluded trials.
Principal Ahmad Faruqui, senior associate Ryan Hledik, and associate Neil Lessem have recently authored an article on the Adoption of Time-Varying Rates for the August 2014 issue of Public Utilities Fortnightly.
Brattle principal Kevin Neels was recently quoted in a Marketplace radio story titled “Airplanes become the new weather balloons,” about the potential economic benefits of new weather data gathering technology being installed on airplanes.
Principals Phil Hanser and Ahmad Faruqui have co-authored two chapters in the recently-published book, Distributed Generation and Its Implications for the Utility Industry.