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Email: richard.druce@nera.com
vCard: Download
MPhil in economics, St. Catharine's College, Cambridge
BSc in economics and econometrics, University of Bristol
Richard Druce is an expert in the energy and water sectors. He supports regulated utility and infrastructure companies, their legal advisors and investors, and sector regulators on the design and implementation of competitive markets and the regulation of natural monopolies. Much of Mr. Druce’s work involves supporting utilities and other infrastructure companies in the course of price control reviews, during which he works on incentive design, cost-benefit analysis, valuation and willingness-to-pay studies, cost assessment and benchmarking, and regulatory finance issues.
Mr. Druce also works on a range of market design and network charging issues in the electricity, gas, and water sectors. He has worked extensively on transmission and distribution tariff design and charging issues, electricity market modelling exercises, and engagements related to the economic challenges associated with renewable energy, distributed energy resources, and “smart grid” deployment. Recently, he has supported clients by developing new contractual structures to enhance competition and trade in the water sector.
Mr. Druce has served as an expert witness in proceedings before the English High Court, as well as during appeals to the UK Competition and Markets Authority. His work has spanned a wide range of geographies, including the UK and Ireland, Continental Europe, the Middle East, Australia, and Asia.
Title | Date | |||
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The 10th Cleanpower Smart Grids Conference | 01 July 2019 | |||
EPRG-NERA Winter Seminar 2017 | 08 December 2017 | |||
Smart Grids Cleanpower 4IR Conference 2017 | 19 June 2017 | |||
EPRG Winter Seminar--Planning, Profits and Pricing: Policy and Competition in Energy ... | 08 December 2016 | |||
Advanced Workshop in Regulation and Competition | 23 June 2016 | |||
Innovative DSOs in a decentralised energy system | 12 April 2016 | |||
Engineering Recommendation P2 Review Workshop 2016 | 09 March 2016 | |||
Workshop on Infrastructure Investments/Smart Grids in SE Europe | 22 February 2016 | |||
EPRG/NERA Winter Seminar—Shifting Sands: The Role of Markets and Policy in Energy Tra... | 10 December 2015 | |||
POWER-GEN Middle East | 04 October 2015 | |||
Title | Date | Type | ||
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SSEN targets flexibility in new DSO action plan | 24 March 2022 | Media Coverage | ||
NERA Experts Promoted to Managing Director and Director | 15 February 2022 | Press Release | ||
NERA Economic Consulting Announces Senior-Level Promotions | 19 March 2019 | Press Release | ||
NERA Economic Consulting Announces Senior-Level Promotions | 31 March 2016 | Press Release | ||
NERA Analysis Cited in The Guardian Article About Scottish Wind Farms | 17 February 2014 | Media Coverage | ||
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