Consultants

Hydreace Ali
Consultant

Hydreace has a BA (Hons) in Economics from Jesus College, Cambridge and an MSc from SOAS (University of London). He has 7 years experience, including periods with a major UK energy company where he developed his experience of regulatory affairs, prior to joining the IPA Energy + Water Economics regulatory team.

Ricardo Bravo
Senior Consultant

Ricardo is a senior member of the International Infrastructure Analysis Team in London. He has over 6 years experience in economics and energy consulting, specialising in financial and business modelling for power, oil and gas projects in the US and Europe. He has an MSc in Economics from the London School of Economics and a BA degree in Economics from the Instituto Tecnológico Autónomo de México.  Ricardo is fluent in English and Spanish.

Mike Begley 
Managing Consultant

Mike is a chartered accountant with a BSc in Mathematics and an MBA (with merit).  He has over 20 years experience of energy regulation and finance including over 10 years in finance and regulation roles at National Grid (UK transmission company) and 4 years working for Ofgem (GB energy regulator). He has experience in leading on financial and cost issues of price control reviews, regulatory reporting requirements, regulatory accounting, modelling of regulatory options, global insurance covers and risk management processes. Further he has expertise in benchmarking and cost analysis of gas and electricity distribution networks.

Graham Clevett
Managing Consultant

An energy lawyer by background with some 23 years of international energy management and carbon management experience. He has been involved developing and structuring international power projects, oil and gas projects and conducting carbon management services and carbon due diligence, has some 18+ years of Middle East experience in working in Saudi Arabia and the GCC region.

Yu Foong Chong
Consultant

Yu-Foong has a First Class MEng (Hons) in Engineering Science from Oxford University, after which he worked as a financial auditor with PricewaterhouseCoopers. Following this he obtained an MPhil in Engineering for Sustainable Development from Cambridge University where he specialised in energy markets. With native English and conversational Mandarin, he has joined the Markets and Projects team in Edinburgh.

Graham Jones
Consultant

Graham JonesConsultantGraham is a Chartered Engineer with experience in the energy and transport industries, supplemented by expertise in financial and economic modelling and in project management. He is an expert in the planning and operation of gas networks with 14 years experience at British Gas and Transco. Working for Offer and subsequently Ofgem, he gained 8 years regulatory experience, including the Transco gas network price control review and the electricity transmission network price controls.

Kirstin Morrison
Senior Consultant

Kirstin is a professional economist based in Abu Dhabi, UAE. Formerly with the UK Government Economic Service (GES), Kirstin specialises in energy and environmental economics and policy. At the GES, Kirstin developed expertise in energy efficiency, climate change, and quantitative modeling. Within the gas economics team Kirstin applies economic analysis to natural gas transaction, pricing and policy issues.  She has a MA in Economics from Glasgow University and an MSc in Economics from University College London.

Nazim Osmancik
Head of Energy Analytics

Nazim is a power, fuel and emission market expert with 9 years of experience.  He has specialist skills in quantitative modeling and software development.  Nazim's wider interests and experience include market due diligence, financial model review and model risk management in the context of transactions.  He has supported transactions with a combined value of over $20bn.  Naz joined our London office as a senior member and has recently established our Energy Analytics practice.  He provides clients with analytical tools, modeling solutions and training services that underpin strategic and tactical decision-making.  Prior to joining IPA, Naz had been leading the quantitative modeling and analysis activities of the Carbon Market Advisory Group at PwC in London.  Prior to PwC, Naz was an economist at ICF Consulting, working on wholesale power market analysis and carbon credit pricing models.

Naz is a fluent Turkish speaker with two undergraduate degrees in Economics and Mathematics from Macalester College (with honours) and a Masters degree in Finance witha  special focus on Financial Econometrics from the London School of Economics (with honours).  He is a regular speaker at international conferences.

Chiara Redaelli
Consultant

Chiara is an economist with a strong interest in pro-poor policies and development issues. Her work is particularly focused on the analysis of best practice in the water and sanitation sectors in relation to extending service provision to all elements of the population and to achieve effective results from a financial, economical and social perspective.  Chiara is fluent in English, Italian and Spanish.

Susanne Velke
Consultant

A consultant in the renewables and climate change team and responsible for the IPA Energy + Water Economics carbon price forecast. Susanne has an MSc in Ecological Economics from the University of Edinburgh and a BA in European Studies from the University of Maastricht. Since working for IPA Energy + Water Economics, Susanne has gained particular experience in the renewable energy industry and carbon markets.  Susanne is fluent in English, German and French.

Nikhil Venkateswaran
Managing Consultant

Nikhil has Masters and first class Batchelors Degrees in Chemical Engineering from Cambridge University and nearly fifteen years’ experience and knowledge of the UK electricity industry gained with National Power, Innogy and RWE npower as well as IPA.  He has expertise in complex power market modelling and niche experience in technical and commercial analysis of post-combustion pollution control technologies (FGD and SCR). corporate and project-level finance, including portfolio analysis of international power generation projects risk/reward balance. valuation of structured energy (oil, gas, electricity) products; development of a long-term generation asset strategy, and long-term commodity price forecasting.

Alice Waltham
Senior Consultant

Alice is a leading consultant in the renewables and climate change team. She has a BSc(Hons) in Physics and five years experience of the renewable energy industry and energy markets. She has an excellent knowledge and understanding of renewable energy markets and energy efficiency.