Archive 2014
December 29, 2014
Principal Paul Carpenter Featured in Petroleum News on the Outlook of Alaska’s Oil and Gas Markets

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.

December 25, 2014
Principal Marc Chupka Featured in New York Times article on New EPA Formula to Cut Carbon Emissions

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.

December 21, 2014
Brattle Report on Proposed Changes for Tank Cars with Hazardous Materials Cited in Wall Street Journal

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.”

December 16, 2014
Andrew Abere and Michelle Cleary Featured in American Bar Association Publication on Working with Economic Experts

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.

December 15, 2014
Nebraska Transmission Infrastructure Ready to Accommodate at Least 2,000 MW of Additional Wind Generation According to Brattle Study

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.

December 11, 2014
Judy Chang Featured on NPR Discussing Tensions Between Utilities and Rooftop Solar Companies

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.

December 04, 2014
Brattle Named a Top Economic Consultancy by Global Competition Review

The Brattle Group was recently named one of the top economic consultancies by Global Competition Review's (GCR) 15th Annual "Economics 21".

December 04, 2014
Brattle Academic Advisor Josh Lerner Collaborates with State Street Global Exchange to Enhance Private Equity Research

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.

December 02, 2014
Brattle Experts Involved in Closely Watched AIG Case

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.

December 02, 2014
Proposed Department of Transportation Rule Could Cost $60 Billion According to Brattle Economists

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.

November 25, 2014
Brattle Hosts Utility Industry Representatives at Roundtable Program on the Future of Rate Design

On November 17th, consultants from Brattle’s utilities practice hosted a roundtable discussion on the future of residential rate design for the electric industry.

November 19, 2014
Brattle Assists Metropolitan Edison Company, Pennsylvania Electric Company, and Pennsylvania Power Company to Complete Purchase of Solar Photovoltaic Alternative Energy Credits

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.

November 18, 2014
Brattle Economists Contribute to FERC Ruling Supporting Findings of Manipulative Behavior by Power Suppliers During the California Energy Crisis

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.

November 13, 2014
Brattle Principals Recognized as Leading Arbitration Witnesses by Global Arbitration Review’s Who’s Who Legal

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.

November 10, 2014
Deploying Up to 5,000 MW of Grid-Integrated Electricity Storage in Texas Could Provide Substantial Net Benefits According to Brattle Economists

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.

October 29, 2014
Brattle Featured in Bloomberg Businessweek for Report on the Potential Impact of Coal Plant Retirements on Future Power Prices

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.

October 27, 2014
Peter Fox-Penner Co-Authors Article on Resilient Energy Infrastructure

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.

October 22, 2014
Brattle Economists Advise In Clearance of Ground-Breaking European Merger

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.

October 22, 2014
Peter Fox-Penner Joins LRI Energy Solutions Board of Directors

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.

October 10, 2014
Coleman Bazelon Contributes to Landmark Decision in Texas Voting Rights Case by Evaluating the Economic Burden of SB 14

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.

September 29, 2014
James Reitzes Testifies in Canadian Radio-television and Telecommunications Commission’s Review of Wholesale Mobile Wireless Services

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.

September 29, 2014
Darrell Chodorow and Shaun Ledgerwood Publish Article for Tax Notes on Funding for Research Tax Credits

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.

September 24, 2014
Brattle to Manage Purchase of Solar Photovoltaic Alternative Energy Certificates on Behalf of FirstEnergy’s Pennsylvania Utilities

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.

September 17, 2014
Peter Fox-Penner Takes a New Look at the Electric Utilities Industry in Smart Power Anniversary Edition

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.

September 02, 2014
Brattle Consultants Prepare Two Reports for the American Petroleum Institute on Natural Gas and Crude Oil Markets

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.

September 02, 2014
Brattle Experts Prepare Report for the Australian Energy Market Commission on Recovering Residual Costs from Electricity Distribution Network Tariffs

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.

August 31, 2014
Brattle Experts’ Article on Competitive Effects of Sales of Airport Landing Slots Published In Review of Industrial Organization

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.

August 25, 2014
Associate Rand Ghayad Authors Article on the Dodd-Frank Act and Long-Term Unemployment for The Huffington Post

An article written by Brattle associate Rand Ghayad, “The Employment Puzzle: Should Dodd and Frank Be Blamed?” was recently featured in The Huffington Post.

August 21, 2014
Testimony by Principal Bob Mudge Key to Ameren Win in $500 Million Rate Dispute Before Missouri Public Service Commission

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.

August 19, 2014
The Brattle Group Recognized As One of the 10 Best Consulting Firms to Work For by the Vault

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.

August 15, 2014
Brattle Studies Cited by Appeals Court in Decision to Uphold Federal Energy Regulatory Commission Order 1000

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.

August 14, 2014
Shaun Ledgerwood Featured in New York Times Article on the Risks of Market Manipulation in the Electric Grid

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.

August 08, 2014
Brattle Consultants Provide Expert Testimony and Litigation Support in Recently-Concluded Nortel Bankruptcy Proceedings

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.

August 07, 2014
Brattle Consultants Author Article on the Adoption of Time-Varying Rates for Public Utilities Fortnightly

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.

August 04, 2014
Kevin Neels Quoted in Marketplace Article on the Use of Airplanes to Collect Weather Data

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.

August 01, 2014
Brattle Consultants Contribute to Book on Distributed Generation in the Electric Industry

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.

July 31, 2014
Yvette Austin Smith and Evan Cohen Co-Author Article on the Use of Net Asset Value in Bankruptcy Valuation Disputes

Brattle principals Yvette Austin Smith and Evan Cohen recently co-authored an article on bankruptcy valuation techniques in response to a July 2, 2014 U.S. Bankruptcy Court opinion in the Genco Shipping valuation trial.

July 30, 2014
Stuart Brotman Appointed as a Brookings Senior Fellow

Brattle academic advisor Stuart Brotman was recently appointed as a nonresident senior fellow in the Center for Technology Innovation within the Governance Studies program at the Brookings Institution in Washington, DC.

July 30, 2014
Jürgen Weiss Authors Report Assessing Major Outcomes from Solar Energy Support in Germany

Principal Jürgen Weiss has authored a report for the Solar Energy Industries Association (SEIA) that examines and outlines the main lessons learned from solar PV energy support in Germany over the last ten years.

July 24, 2014
Securities and Commercial Litigation Expert Ioannis Gkatzimas Joins The Brattle Group

Securities and commercial litigation expert Ioannis Gkatzimas has joined the firm’s San Francisco office as a principal. Mr. Gkatzimas has significant experience in a wide range of finance and securities litigation matters.

July 14, 2014
Peter Fox-Penner Speaks on the Future of the Energy Industry on Green Power Report

Brattle Principal Fox-Penner recently served as a guest speaker on Green Power Report, where he discussed the changing landscape of the electric utility industry.

July 10, 2014
Michael Goldstein Quoted in Wall Street Journal Article on High-Frequency Trading

Brattle academic advisor Michael Goldstein, a Professor of Finance and Chair of the Finance Division at Babson College, was quoted in a recent Wall Street Journal article, “The Markets Unplugged."

July 01, 2014
The Brattle Group Announces the Promotion of Pinar Bagci to Principal

The Brattle Group is pleased to announce the promotion of Pinar Bagci, who has more than 15 years of experience advising on competition and regulatory matters and on the economics of energy and financial markets.

June 30, 2014
Giulia McHenry Selected to Serve on the Commerce Spectrum Management Advisory Committee

Brattle associate Giulia McHenry was recently invited to serve as a member on the Commerce Spectrum Management Advisory Committee (CSMAC).

June 27, 2014
Principal Bruce Tsuchida Contributing Author to Book on Renewable Energy Integration

Principal Bruce Tsuchida is the author of a chapter in the recently-published book, Renewable Energy Integration: Practical Management of Variability, Uncertainty and Flexibility in Power Grids.

June 27, 2014
Brattle Economists Co-Author Article Highlighting Complex Issues for Experts in High-Frequency Trading Litigation

Principal Torben Voetmann and senior associate Pavitra Kumar, along with Zachary Ziliak of Ziliak Law, have authored an article that discusses the complexities and challenges for experts arising from increased litigation surrounding high-frequency trading.

June 20, 2014
Shaun Ledgerwood Quoted in EnergyRisk Article Discussing Increased Use of Surveillance Technology in Commodities Trading

Principal Shaun Ledgerwood was recently cited in an EnergyRisk article on the use of technology in monitoring commodities trading for potential manipulation-like behavior.

June 18, 2014
Policy Brief by Brattle Economists Provides Insights into EPA’s Proposed Carbon Emission Standards for Existing Fossil Units

Brattle economists issued a policy brief that examines the primary features and implications of the Environmental Protection Agency’s (EPA) proposed CO2 emissions standards for existing fossil units under the Clean Air Act (CAA) Section 111(d).

June 17, 2014
Testimony by Principal Lawrence Kolbe Cited in Ruling to Uphold Decision in Offshore Portfolio Investment Strategy (OPIS) Tax Dispute

Principal Dr. Lawrence Kolbe provided testimony on behalf of the U.S. Internal Revenue Service that aided in upholding a favorable decision in an Offshore Portfolio Investment Strategy (OPIS) tax dispute.

June 02, 2014
Brattle Economists Revisit Findings on Potential Effects of Carbon Emissions Rulemakings Ahead of EPA's Clean Air Act

In anticipation of the EPA's proposed guidelines under Section 111(d) of the Clean Air Act, The Brattle Group has released a compendium of prior studies examining the effects of a potential carbon emissions rulemaking.

May 29, 2014
Judy Chang Quoted in Bloomberg Article Discussing State and Utility Plans to Adapt to Climate Change Rules

Principal Judy Chang was quoted in a Bloomberg article that examines plans to adapt to new climate rules to curb carbon emissions proposed by President Obama and the Environmental Protection Agency.

May 29, 2014
Report Authored by Brattle Consultants Expands on Previous Work in Analyzing Relationship Between Natural Gas and Renewables in Texas Electricity Market

Brattle consultants released a new report for the Texas Clean Energy Coalition to show how renewable and natural gas-fired electricity sources would develop in the next two decades, and how this development would depend on gas prices, the existence of a capacity mechanism in ERCOT, national carbon policies, and other key market drivers.