Hamish Fraser

Biography

Mr. Fraser specializes in the restructuring of electricity industries. He provides economic policy advice to foreign governments, US-based utilities and other electricity industry organizations, particularly in the area of the creation of wholesale electricity markets. Mr. Fraser recently led the team designing the power exchange code in Greece. This market was restructured in accordance with Greece's requirements under the EU Electricity Directive and in accordance with the conditions placed on Greece as a prerequisite for entrance into the European Monetary Union. He has performed a similar role for the government of Mexico. For governments, regulators, and dominant utilities in Argentina, Brazil, Canada, New Zealand, Spain, and elsewhere, Mr. Fraser has provided advice on issues ranging from congestion management, to transmission system access, to capacity market design. In the US, he has participated in most of the major restructuring efforts--particularly at the Alliance RTO and New York ISO--regarding fixed-cost allocation, ancillary services, and most other market rule design issues.

Research Interest

Regulators, and dominant utilities.