Daniel Radov

Education

MSc in economics, University College London
MPhil in history and philosophy of science, Cambridge University
BA in chemistry and philosophy, Williams College

Experience

Mr. Radov is a Director specializing in energy and environmental economics, and leads NERA's environment-related work in Europe. With more than 15 years of experience in the field, he is an expert in the economics of carbon markets, emissions trading, renewable energy, energy efficiency, and climate change. He has broad experience across a wide range of industries, including aviation, cement and lime, iron and steel, petroleum refineries and petrochemicals, and electric power generation and retail supply.

Mr. Radov's client work includes providing expert witness testimony (notably before the High Court of England and Wales on the valuation of emission rights), due diligence, policy design, and strategic advisory services. He has extensive experience advising investors seeking to understand regulatory and policy risk, and advising governments and other public sector bodies on policy design and market impacts. He has also acted as an expert witness and provided expert advice in arbitrations involving carbon markets, carbon pricing, renewable energy investments, and power purchase agreements. 

Mr. Radov has extensive experience in emissions trading, in both policy design and practical implications for business strategy and valuation. He has advised the European Commission and the UK and Dutch governments on the design of a wide range of policies, including the European Union Emissions Trading Scheme (EU ETS), other carbon pricing policies, renewables support policies, and in understanding the interactions of emissions trading with other market-based environmental policies (including feed-in tariffs, auctions, renewable certificates, and similar policies for energy efficiency). Mr. Radov has advised energy companies and others on the implications of climate change and energy policy packages for their existing operations and for future investment decisions.

Mr. Radov is a member of the UK Network of Environmental Economists and the British Institute of Energy Economics [or the International Association for Energy Economics].