NERA Economic Consulting Congratulates Carl Peterson on His New Academic Position

31 July 2008

31 July 2008/New York -- NERA Economic Consulting wishes to congratulate Dr. Carl Peterson on his joining the faculty at the University of Illinois at Springfield and his pending appointment at The Center for Business and Regulation at the University.

"Carl has outstanding credentials and expertise in energy and its regulation. We at NERA have been very pleased to have him working in our Energy, Environment, and Network Industries Practice," said Practice Chair and NERA Senior Vice President Dr. Michael Rosenzweig. "We are delighted that Carl will remain affiliated with the Practice as a Special Consultant with NERA, and we look forward to continuing to work with him and to benefit from his skills as an economist and his deep expertise in public utility regulation."

Dr. Peterson is a recognized expert on performance-based regulation for gas and electric utilities, rate design, and electric restructuring both in the US and internationally. Prior to joining NERA, he held senior positions with the Illinois Commerce Commission, where he advised the Commission on energy policy.

Dr. Peterson holds a BS and MS in economics from Illinois State University and a PhD in economics from the University of Illinois.

At his new academic position, Dr. Peterson will be working closely with Dr. Karl McDermott, Ameren Distinguished Professor of Business and Government at the University of Illinois at Springfield and also a Special Consultant with NERA's Energy, Environment, and Network Industries Practice.

NERA Economic Consulting (www.nera.com), founded in 1961 as National Economic Research Associates, is a unit of the Oliver Wyman Group, an MMC company.

About NERA

NERA Economic Consulting (www.nera.com) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For over half a century, NERA's economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world's leading law firms and corporations. We bring academic rigor, objectivity, and real world industry experience to bear on issues arising from competition, regulation, public policy, strategy, finance, and litigation.

NERA's clients value our ability to apply and communicate state-of-the-art approaches clearly and convincingly, our commitment to deliver unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists and other experts backed by the resources and reliability of one of the world's largest economic consultancies. With its main office in New York City, NERA serves clients from more than 25 offices across North America, Europe, and Asia Pacific.