Work
I lead LEI’s energy and capacity market modeling of the ISO-New England region, where my work is used for due diligence of asset acquisitions, project siting applications, public policy evaluations, and macroeconomic impact studies. Below is a small sample of the types of projects I have worked on.
Cost-benefit analysis of infrastructure projects
I have assessed several transmission and infrastructure projects to develop estimates of wholesale market impacts (energy and capacity), greenhouse gas reductions, production cost savings, local economic impacts (i.e. jobs and GDP), and transmission upgrade cost allocation.
Cost-benefit and local economic impact analysis of the Northern Pass Transmission Project
Independent analysis of electricity market and macroeconomic benefits of the New England Clean Energy Connect Project
Analysis of Market Revenues for HVDC Facilities in the Northeast US
Fatal Flaw analysis of offshore wind interconnection in the eastern US
Asset valuation and due diligence
Defensible ranges for value start with sound economic fundamentals and a deep understanding of the underlying market trends. My valuation estimates are often used to support dispute resolution, mergers and acquisitions, tax preparation, and stakeholder communication.
Financial and operational due diligence of a cogeneration facility (natural gas)
Financial and operational due diligence of a combined cycle gas turbine generator
Congestion and curtailment risk assessment of an onshore wind facility
Market revenue analysis of a solar PV portfolio in the Northeast US
Operational due diligence of a potential storage (lithium ion) portfolio
Review of investment opportunities in North American energy sector
Public policy and wholesale electricity market studies
I have produced many studies that evaluate public policy, program cost effectiveness, and overall wholesale electricity market costs.
Review of avoided energy supply costs for Maine consumers
Modeling of the wholesale cost impacts of New England’s Competitive Auctions for Sponsored Policy Resources and Forward Clean Energy Market
Analysis for New England States Committee on Electricity’s Mechanisms 2.0 Study Scenario Analyses
Regional analysis of Maine’s Energy Cost Reduction Act
Analysis of ISO-NE’s winter reliability program
Review of North American electricity organization and governance system
Rate Cases
More recently, I have also worked on total factor productivity and cost benchmarking studies used to support utility rate cases.
Total factor productivity study for the US gas utility sector
Total factor productivity study for the US and Canadian hydroelectric sectors
Total cost econometric benchmarking for the US and Canadian hydroelectric sectors