Richard Druce
Senior Consultant
Education
MPhil in economics, St. Catherine's College, Cambridge
BSc in economics and econometrics, University of Bristol
Experience
Mr. Druce is a Senior Consultant in NERA’s Global Energy, Environment, and Network Industries Practice. He specializes in the economic and statistical analysis of gas and electricity markets, applied to regulation, valuation and due diligence, competition policy, litigation, and public policy.
His recent work has covered electricity transmission charging, gas infrastructure access charging, power market modelling exercises, willingness to pay studies for regulated network companies, and work on power market design issues. In the last several years, Mr. Druce also has managed several power sector due diligence assignments, and advised energy companies in the course of their periodic reviews.
Besides energy, Mr. Druce has worked in other regulated network industries, including water and rail. His work has spanned a wide range of geographies, including the UK and Ireland, much of Western, Central, and Eastern Europe, as well as Turkey, the Middle East, Africa, and Asia.
Mr. Druce holds an MPhil degree in economics from St. Catharine's College, Cambridge, where he specialized in microeconometrics and industrial organization. He also holds a first class degree in economics and econometrics from the University of Bristol.
