Energy Economics, Policy, and Markets

Energy policy and infrastructure decisions require insightful economic modeling and analysis.

Aspen serves as a trusted advisor to state agencies, municipal utilities, and CCAs, providing tailored technical support for utility and policy planning. We draw on deep industry experience and a strong understanding of the utility business to deliver independent, data-driven analysis aligned with each client’s needs. Aspen recognizes the importance of rigorous planning under uncertainty in today’s environment, where energy demand is growing rapidly and policy is accelerating the shift toward renewable technologies in California and beyond.

Aspen applies advanced analytical methods to natural gas and electricity infrastructure and policy decisions. Our work includes price analysis, demand forecasting, energy and gas balance preparation, and the development of action plans to maintain reliability during critical periods. We also support clients in regulatory proceedings before state and federal agencies and design models to inform complex decision-making. Aspen understands utility finance and infrastructure finance, both bond and project finance, as well as the economic dispatch of electricity generating plants and the risk implications of the various disconnects between natural gas and electricity systems and markets.

In addition, Aspen provides expert witnesses for utility rate and utility policy cases. Aspen witnesses have testified in many states, addressing issues such as utility revenue requirements and cost allocation, rate design, and proposed cost recovery. 

Services include:

Economic Modeling and Studies

Energy Policy Development and Analyses

Cost of Service Studies

Reliability Analyses

Resource Portfolio Planning

Cost-Benefit Analyses

Demand Forecasting

Rate Design and Risk Analysis

Market Behavior and Price Analysis

Data Visualizations

Utility Rate and Regulatory Policy Case Analysis

Expert Witness Testimony