George Anstey

Senior Managing Director


Tel: +44 20 7659 8630
Fax: +44 20 7659 8631

Tel: +32 2 282 4340
Fax: +32 2 282 4360

Email: george.anstey@nera.com
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MPhil in economics, Exeter College, Oxford
MA in EU competition law, King's College London
BA in economics and management (First Class), Exeter College, Oxford


George Anstey specializes in the economics of utility markets and regulation. His work spans public policy, litigation, valuation, due diligence, and competition policy. His recent work has covered competition in gas and electricity supply markets, arbitration and contract reviews, damages estimation, the design of market rules for gas and electricity, and the design of energy efficiency policies. In addition to his work in energy, Mr. Anstey works across other regulated industries, including the water industry, communications, and the gambling sector.

His expertise in competition policy covers restrictive agreements, abuse of a dominant position and state aid. His work across utility markets and regulation spans a wide range of geographies, including the UK and Ireland, much of Western, Central and Eastern Europe, the Far East, and the Middle East and Africa.

Mr. Anstey has been widely published in economic and trade journals, including the Electricity Journal, New Power, Water Utility Management International, and Competition Policy International's Antitrust Chronicle.

Mr. Anstey is recommended as a leading energy expert by Who’s Who Legal (2019 and 2022) and described as an “esteemed economist with vast experience advising on complex competition matters in the energy sector.” Mr. Anstey is commended for “his deep understanding of utility and energy regulation.” 

Title Type Author
Energy Market Abuse: Will REMIT’s Paper Tiger Roar? White Paper George Anstey and Dr. Zoë Fannon
Setting the Boundaries: Defining the Limits of Gas Market Areas White Paper George Anstey and Marco Schönborn
Energy Retail in Great Britain: Moral Hazard and the Illusion of Competition Published Article George Anstey, Soren Christian, and Matthew Newell
The Role of Economics on the Road to Autonomous Vehicles and Digital Mobility White Paper Daniel Hanson, Richard Eichmann, Richard Marsden, George Anstey, Grant Saggers, Dr. Garrett Glasgow, Dr. C-Philipp Heller, Dr. Hector Lopez, Dr. Bruno Soria, Dr. Will Taylor, and Adam Rhoten
The Role of Cost-Reflective Distribution Tariffs and Flexibility Contracts in Support... White Paper Richard Druce, George Anstey, Dr. Laura T.W. Olive, Dr. Will Taylor, and Leen Dickx
A RAB Model for New Nuclear Power Plants: The Economics of Investment Incentives Published Article Sean Gammons, George Anstey, and Richard Druce
Blockchains in Power Markets: Decentralized Disruption or Incremental Innovation? White Paper George Anstey, Dr. Will Taylor, et al.
Helm’s Wishful Thinking on Energy Policy: Repeating Past Mistakes, Expecting Differen... White Paper Sean Gammons, George Anstey, and Richard Druce
When Sisyphus Gave Up: Capacity Markets and State Aid in the EU Published Article George Anstey and Soren Christian
An Honest Broker: Are Non-Domestic Energy Customers Getting a Fair Deal? White Paper Sean Gammons, George Anstey, et al.