Akarsh Sheilendranath
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principal
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San Francisco
Mr. Sheilendranath is an energy economist with a unique blend of expertise in wholesale electricity markets, electric transmission, resource planning, and regulatory corporate finance.
He specializes in economic evaluations in wholesale electricity markets, transmission policy, resource planning, utility investment strategy, large-scale renewables and energy storage valuation, cost-benefit assessments, market rules and tariffs, and the evaluation of cost of capital for regulated entities. He has advised a wide range of clients on these matters, including utilities, independent system operators (ISOs) and regional transmission organizations (RTOs), and utility commissions.
Mr. Sheilendranath has provided pre-filed and oral testimony in complex matters related to large-scale renewables investment, utility resource planning, transmission grid congestion risks, and transmission market rule changes in ISO/RTO markets. He has also provided pre-filed testimony in a number of Federal Energy Regulatory Commission (FERC) matters as well as in state jurisdictional cost of capital cases.
With a background in business as well as engineering, Mr. Sheilendranath previously led American Electric Power’s energy resource planning strategy group. His prior experience also includes engineering roles at Eversource Energy and ISO New England.
NYU Stern School of Business
MBA
Michigan Technological University
MS in Electrical Engineering
Siddaganga Institute of Technology
BS in Instrumentation Engineering
Testimony
Affidavit (with Johannes P. Pfeifenberger) before the Federal Energy Regulatory Commission, Docket No. EL19-34-000, on behalf of Brookfield Energy Marketing LP’s complaint against PJM Interconnection, L.L.C. (“PJM”) with respect to PJM’s application of its most recent changes to its Tariff and Reliability Assurance Agreement regarding Pseudo-ties and their eligibility for participating in PJM’s Capacity Market, January 18, 2019.
Submitted direct testimony before the Federal Energy Regulatory Commission, Docket No. ER19-2846-000, on behalf of Trans Bay Cable LLC, regarding the appropriate ROE and capital structure to allow for its regulated electric transmission assets, September 2019.
Submitted direct and rebuttal testimony (with Michael Vilbert) on behalf of Corn Belt Power Cooperative, Docket No. ER15-2028-002, on the cost of capital for the Cooperative using the revised FERC ROE estimation methodology and related ROE policy, March 2020.
Submitted direct and reply affidavit (with Michael Vilbert) on behalf of Constellation Mystic Power, LLC, Docket No. ER18-1639-000, on the cost of capital for the Mystic reliability must run generating using the revised FERC ROE estimation methodology, September 2020, and October 2020.
