- Market Analysis & Assessment
- Forecasts & Studies
- Project Management
- Power Procurement
- Financial Modelling
- Market Entry
- Mergers & Acquisitions
- Asset Valuation & Due Diligence
- Feasibility Assessment
- Policy Development
- Regulatory Support & Litigation
Our experienced team has a detailed understanding of market fundamentals, yields the strategic insights that provide clients with the market advice that enhances project value and mitigates project risk.Join our team
To provide clients with valuable information, analysis and insights about the electricity sector leading to informed decisions and investments.
To be the premier management consulting firm focusing on the electricity sector known for our expertise, insights and high-quality services.
We are committed to service excellence and maintaining deep knowledge of the electricity sector. We conduct our work with an eye to the future, staying on top of industry trends, while being grounded in evidence and practicality. We are committed to supporting a diverse and inclusive workforce.
John is a senior electricity market analyst and electricity policy consultant based in Boston, with over 25 years of experience in energy market analysis, power procurement, project valuation, and policy analysis and development.
He offers extensive experience in evaluation and analysis of electricity markets and competitive position of generation technologies and projects within these markets, including development of power market price forecasts, implementation of power procurement processes, and development and evaluation of renewable energy policies. John has used market price forecasting tools to evaluate generation and transmission system investments in markets across North America. He has defended these forecasts in formal regulatory proceedings and before lenders and investors.
John also has extensive experience with respect to the application of competitive procurement processes for transmission investments, advising clients on development and participation in such processes. He has testified on electricity market price forecasts, wholesale market competitiveness issues, transmission pricing issues, power contracting policies and electric utility resource planning issues.
John has a BA in Economics from Brown University and an MBA from Boston University.
Jason is a senior electricity market and electricity policy consultant based in Toronto, with 25 years of experience in competitive and regulated electricity markets. He has acted for multiple clients with business and policy interests across Canada andthe United States, within areas of generation development and investments,transmission and distribution development, energy storage development, market assessment and intelligence, business strategy, wholesale electricity market design, power procurement, energy policy development, and regulatory andlitigation support.
Prior to joining Power Advisory, he was the Director of Generation Procurement at the Ontario Power Authority, and previous to that led resource adequacy, market development, and market surveillance initiatives for the Ontario Independent Electricity System Operator.
Jason is currently the Chair of the Board of Directors for the Canadian Renewable Energy Association, a member of the Advisory Board of Business Renewables Centre Canada, and is the renewable generator representative on the Independent Electricity System Operator’s Technical Panel.
He was selected as the Hedley Palmer award recipient from the Association of Power Producers of Ontario in 2019 as a leading contributor to the independent power industry, and in 2009 he was awarded with the Canadian Solar Industries Association Leader of the Year award.
Jason holds an MA in Economics with a focus on financial markets and graduated from York University and the University of Toronto.
Andrew is an experienced electricity sector consultant based in Boston with 20 years of experience focusing on renewable energy and other emerging energy technologies. He serves a variety of clients including financial investors, utility companies, project developers, and equipment vendors on issues of investment decisions, market assessments, and go-to-market strategy.
Andrew’s main focus areas are solar and wind generation, but he also has expertise in energy storage, EVs, home energy management, energy efficiency, smart grid/microgrids, energy services companies, demand response, and research and development at utilities.
He has conducted dozens of commercial and technical due diligence assignments for financial and strategic investors on transactions involving energy assets and companies. Andrew’s principal focus is on the United States and Canada electricity markets, but over the course of his career, his assignments have taken him across Europe, Asia, and the Middle East.
Prior to Power Advisory, he was a Director in the Energy Practice at Navigant Consulting where he spent 15 years.
Andrew has a degree in Civil Engineering from the University of Waterloo and an MBA from Babson College.
Michael is an experienced electricity sector consultant based in Toronto, with over 30 years of experience in both the public and private sectors working on energy and infrastructure projects.
He has advised clients on contractual and commercial matters, undertaken due diligence for equity investors and lenders, prepared financial and energy models for generation projects, and advised clients on integrating contracts into electricity markets in Ontario, Alberta, and across the United States. Michael also provides end-to-end procurement-related advice to clients from project initiation to close-out.
Prior to joining Power Advisory, he was the Director, Contract Management at the Ontario Independent Electricity System Operator and was responsible for over 30,000 MW of generation contracts as well as the Energy Support programs.
Michael has a BSc from the University of Toronto, an MEng degree in civil engineering from McMaster University, an MBA from McMaster University, and an Honours LLB from Nottingham Law School in the United Kingdom, and is also a licensed PEng in Ontario.
Darryl is an experienced electricity sector professional based in Toronto, with over 20 years of experience in both the public and private sectors working on energy and infrastructure projects.
He has extensive experience with all facets of power procurements including technical/financial analysis, contract negotiations, and policy development.
Prior to joining Power Advisory, he held roles as the Director, Generation Procurement and Director, Contract Management at the Ontario Independent Electricity System Operator.
Darryl has a BASc and MASc in Mechanical Engineering from the University of Waterloo and is also a licensed PEng in Ontario.
Travis Lusney is a Professional Engineer with over 15 years of experience in the regulated and commercial electricity sectors. He offers relevant experience in transmission and distribution power system planning, generation procurement strategy, policy development and power purchase agreement negotiations. Travis provides clients with a unique expertise in the integration between generation development and transmission/distribution planning by providing advice on project risk assessment and strategic investment.
Travis is an expert in energy storage resources and their applicability to customers, grid operators and wholesale markets. Travis has performed extensive analysis for a wide range of customers on the opportunities, risks and impacts of energy storage resources on power systems. Travis has deep expertise in competitive energy procurement having worked on various procurement initiatives as the independent administrator including Nova Scotia wind RFP in 2012 and Emera’s Atlantic Link Notice of Solicitation for renewables in 2017. Travis offers clients participating in competitive energy procurements through competition strategy, competitor analysis along with offering detailed knowledge of generation curtailment risk, regional transmission constraints and power system operational restrictions for all electricity market participants.
Prior to Power Advisory, Travis worked as a Senior Business Analyst as the lead on the ongoing evolution of the Feed-In Tariff program for the OPA. Travis worked as a Transmission Planner at the OPA where he was a lead for connection assessment development as part of the Feed-In Tariff program, reviewing both transmission and distribution impacts. He was also involved in developing regional integrated system plans with ten to twenty year planning horizons along with assessing bulk system requirements. He was the lead on a study on Distributed Generation impacts in urban centers to understand the barriers and benefits of large scale integration. Previous to his work at the OPA, Travis was a Distribution Engineer at Hydro Ottawa where he was responsible for capital planning, asset management, reliability analysis, regulatory filing support and project management.
Travis has served on the board of the Queen’s University Engineering Society Services Inc.(QUESSI – the Campus Bookstore) and was a University Councillor for Queen’s University. Travis has an MSc in Electrical Engineering and a BSc in Electrical Engineering, both from Queen’s University.
Sarah is an electricity sector professional with over 12 years of experience in the electricity sector based in Toronto. She has worked with utility scale and distributed generators, electricity distributors and transmitters, system operators, industrial load customers, and emerging technology providers.
Sarah has supported clients in electricity regulatory and policy matters with a particular focus on sector evolution and distributed energy resources. Recently, she contributed to the development of several innovative studies and reports, including the Ontario Independent Electricity System Operator’s Innovation Roadmap and Workplan, the Electricity Distributor Association’s Power to Connect Roadmap to a Brighter Future, and the Ontario Energy Association’s Discussion Paper on Load-Serving Entities.
Prior to joining Power Advisory, Sarah was a core member of the team that developed and launched of the Feed-in Tariff Program in 2009 at the Ontario Power Authority. Throughout her career, she has supported clients as they navigate changes in electricity policy and regulation, procurement of generation, and innovation impacting the power system.
Sarah has an MSc of Environmental Studies focusing on electricity pricing policy from the University of Waterloo, and has an BSc in Environmental Science from the University of Guelph with a major in environmental monitoring and analysis.
Ketan’s focus has been quantitative analysis over the last 16 years, covering electricity market monitoring and reporting,market design, market simulations and supporting policy and regulatory matters with quantitative insights. In his previous role, Ketan led the Enforcement and Analytics teams at the Market Surveillance Administrator overseeing the creation of quantitative reports on the Alberta market as well as investigative matters. Prior to that, at the AESO, Ketan led Alberta market modeling initiatives including quantitative analysis for the Energy Only vs Capacity market, annual market reporting and bespoke analytical projects covering co-optimization,operating reserves and ramp rate analysis to name a few.
Ketan has also led data acquisition, governance and maturity as well as Business Intelligence dashboarding initiatives with focus on quicker decision effectiveness. Ketan holds an M.Sc. in Predictive Analytics from Northwestern University and a B.Sc. in Actuarial Science from the University of Calgary.
Leonard has been working in the electricity sector for over20 years, including time with Shell Trading, Canadian Renewable Energy Association and as a consultant. Leonard has performed financial and market analysis for projects and clients in most Canadian provinces, multiple US markets and Ireland. Leonard has been involved in supporting policy activities through engagement with government decision makers, system operators and regulatory processes. As the Director of Energy Storage for CanREA, Leonard authored “Laying the Foundation”, which was published in February, 2022. The whitepaper outlines the actions necessary to ensure the regulatory frameworks and market structures are in place to enable energy storage deployment across Canada.
Leonard has a B.Sc. and M.Sc. in Mathematics from McGill University, and, concurrently with his work at Power Advisory, is completing his PhD in Mathematical Finance at the University of Calgary in the area of electricity price modelling.
Brady is an Energy Economist with over 12 years of experience in the electricity sector, both with regulated utilities and electricity markets, based in Toronto. He has participated in dozens of regulatory hearings at the Ontario Energy Board, including drafting arguments and cross-examining witnesses. Brady also appeared before parliamentary committees. His research and commentary on the electricity sector and other regulated sectors has been published and quoted extensively in the media and the legislature.
Prior to coming to Power Advisory, Brady worked as a Senior Analyst within the Market Assessment and Compliance Division at the Independent Electricity System Operator. As part of that role, he conducted analysis on the competitiveness of Ontario’s electricity market and assessment of potential exercises and abuse of market power, including drafting reports published by the Market Surveillance Panel among other reports and studies. He was also an economist and Executive Director of the Consumer Policy Institute, a public advocacy group that regularly participated in regulatory proceedings.
Brady holds an MA in Economics from York University and a Masters in Writing and Cultural Politics from the University of Edinburgh.
Kausar is a Toronto-based electricity sector professional with over 15 years of experience in the energy industry. She supports clients with understanding the impacts of growing electrification trends on energy systems. She has extensive experience bridging the technical capabilities of energy systems with policy and regulatory frameworks. As an electricity system planner Kausar has developed electricity plans across short, medium, and long-term time horizons. These plans include an understanding of transmission, conservation-demand management programs, distributed energy resources as well as traditional generation assets. Kausar has worked closely with various stakeholders to better understand how energy systems are transitioning. This includes local utilities, governments across all levels and various grass-roots interest groups. Her work also includes evaluating the impacts of electricity rates, conservation programs and behavioural programs on the electricity grid. Kausar has been involved in program development and delivery, procurement and market design.
Before joining Power Advisory, Kausar worked for the Independent Electricity System Operator (IESO) for over ten years. While at the IESO she held various management roles in System Planning, Operations, Conservation-Demand Management, Operations and Market Renewal. She has also held positions with Ontario Power Generation and Enbridge Gas as well as conducted research on behalf of think tanks including; the Centre for International Governance Innovation, Carleton Sustainable Energy Research Centre and the Centre for Trade Policy and Law.
Kausar holds a Bachelor of Environment and Business and a Masters in Global Governance from the University of Waterloo.
Jim is a professional electrical engineer with over 30 years of experience in the energy sector. He has worked in Ontario helping clients navigate the electricity market, in other provinces and the US. He has helped clients understand the nuanced regulatory environment for renewable energy project developers and collaborates with regulated utilities, assists clients evaluate market attractiveness, manages and advises on competitive procurement RFPs.
Jim has assisted clients succeed in securing and maintaining long term power purchase agreements and evaluating the feasibility of behind the meter generation and compliance with the net metering and community net metering constructs across markets.
Jim draws from his extensive public and private sector experience including a lead role at the Ontario Power Authority managing the Feed-in Tariff Program, at the Ontario Energy Board as Manager of Market Compliance, Policy Advisor with the Ontario Ministry of Energy, the Department of Energy in Eritrea and a year in Sierra Leone, both in Africa.
Jim founded Compass Energy Consulting where he worked for 10 years, he spent a year at the Ryerson University Centre for Urban Energy before joining many of his former colleagues at Power Advisory.
Christine is an Economist based in Calgary, with 10 years of experience in the electricity industry. She has experience in regulatory and markets. Christine’s experience includes distribution connected generation (DCG) issues in Alberta (e.g., DCG Credits such as Option M, substation fraction, adjusted metering, etc.), transmission and distribution tariff, performance-based regulation, regulated rate option energy price setting plans, and capacity markets.
She has worked with a range of clients in all segments of the electricity market, with a particular focus on utilities and generation owners and developers, including DCG developers, renewable generation developers, and co-generation owners. Christine has testified before the Alberta Utilities Commission and represented clients in Alberta Electric System Operator consultations. She has also worked behind the scenes on regulatory application development and support.
Prior to joining Power Advisory, Christine worked for the Alberta Utilities Commission in the distribution rates department where she worked to develop the 2018-2022 performance-based regulation plan and supported numerous other rates applications. Prior to the Alberta Utilities Commission, she worked for the Alberta Electric System Operator in the competitive process department, where she was involved in designing a competitive procurement process and using that process to bid out the Fort McMurray West transmission project, which was later modified and used for the Renewable Electricity Program.
Christine holds an MA in Economics from the University of Calgary.
Brendan has 14 years of experience as a data and policy analyst in the energy sector, with roles in power system planning, market assessment, renewable energy, and conservation.
Brendan developed expertise with GHG emissions and carbon pricing policy at the IESO. He led many long-term planning simulations to model carbon pricing scenarios across the Northeast. He managed the avoided cost and avoided GHG emission analysis at the IESO, improving the accuracy of cost-effectiveness testing for energy efficiency programs. He was nominated to the Ontario Energy Board’s (OEB) Technical Advisory Groups for Long-Term Carbon Pricing Forecast and the Marginal Abatement Cost Curve.
Brendan led the market analysis for the Ontario Energy Board’s Market Surveillance Panel on the following topics: Defining and Addressing the System Flexibility Need, Revisiting Capacity Need Assumptions, Non-Competitive Procurements and the IESO’s Generation Cost Guarantee Program and Carbon Pricing.
While based in Scotland, Brendan was a wind energy analyst with a global developer and a consultancy where he conducted wind resource assessments for sites, designed wind farm layouts and calculated energy yields.
Greg is an electricity sector professional with six years of experience in the industry. He focuses on applying economic principles and computational tools to issues in climate, energy policy, and electricity markets.
Prior to Power Advisory, Greg worked in power system planning and market analysis at Ontario’s Independent Electricity System Operator. He has broad experience in energy modelling and probabilistic resource adequacy assessments, and he was a key contributor to the Annual Planning Outlook. He is familiar with demand forecasting and supply portfolios for low-and zero-emissions scenarios. Greg has also worked on supply procurement and capacity auction design, performing capacity value assessments for solar, wind, hydroelectric, storage, and demand response resources. His experience in electricity markets includes forecasting, market monitoring, and drafting reports on competitiveness and economic efficiency.
Greg holds a BASc in Engineering Science, majoring in Energy Systems Engineering, from the University of Toronto.
Wesley is an Energy Economist and Financial Analyst with 25 years of consulting experience in the electricity sector, specializing in developing complex models, and is based in Toronto.
His work has included electricity system planning, price forecasting, market assessment, corporate financial analysis, and project financial analysis of solar, wind, hydro, biomass, tidal, gas-fired generation and transmission projects. For the Ontario Energy Board, Wesley has been leading the forecasts for the default supply Regulated Price Plan paid by residential and small commercial customers in Ontario. He has advised multiple governments, regulators, project owners and developers across Canada and the United States.
Wesley holds an MA in Economics from the University of Toronto and a BA in Mathematics from Carleton College.
Ami is an energy market consultant with a broad focus providing research and support on renewable energy development and power procurement, regulatory compliance, and electricity market design, based in Boston.
She has assisted with review of the BOEM federal offshore wind lease areas and the status of the accompanying offshore wind generation projects, with special attention to transmission and interconnection. Ami has also assisted with the review and tracking of corporate Power Purchase Agreements (PPAs) across Canada and numerous jurisdictional reviews across the United States. Prior to joining Power Advisory, she held positions with the University of Massachusetts Amherst (UMass) Clean Energy Extension Office and Lawrence Berkeley National Lab.
Ami holds a dual BSc in Resource Economics and Environmental Science from the University of Massachusetts Amherst Commonwealth Honors College.
Avi Lipsitz is an Ontario energy sector profession with a decade of extensive experience at the intersection of energy policy and government relations. Prior to joining Power Advisory, Avi worked for the Ontario Ministry of Energy, where he led the design and implementation of various rate mitigation and energy affordability programs, contributed to the governance reform of the Ontario Energy Board, and oversaw the policy framework for Ontario's energy consumer protection regime. Avi’s background also includes LDC and trade association experience. Avi has a BA in political science from McGill University and an MA from the Centre for European, Russian, and Eurasian Studies at the University of Toronto.
Andrew is an energy market consultant, based in Boston, providing research and analysis support. He focuses on performing market analysis for renewable project developments across North America.
Originally joining Power Advisory as a research analyst, Andrew has provided research and analysis of retail electricity rates and electricity markets for renewable project developers. This includes supporting the development of REC forecasting models and assessing energy storage development opportunities throughout the US. He has experience reviewing energy procurements and analyzing renewable policies in the Northeast US. Prior to joining Power Advisory, Andrew worked with Northeast Clean Energy Council as part of the Cleantech Navigate program.
Andrew holds a BA in Economics and Environmental Studies from Tufts University.
Tyama is a graduate of the University of Toronto, with a degree in electrical and computer engineering. Through this she has gained experience in computer programming and data analysis, as well as energy systems and economics. Her area of focus is Forecasts and Studies, and she is proficient in Python, R and advanced data modelling and machine learning.
Carla is a third-year student at the University of Calgary, where she is pursuing a degree in Economics. Through her studies, she has gained a foundational understanding of competition policy and regulatory economics. Additionally, she has strong statistical reasoning skills and is proficient in standard economic software, R, and Python.
Julie is Power Advisory’s Office and Accounts Manager based in Toronto. She has eight years of experience in bookkeeping and credit management for a private whole distribution company. As well, she has five years experience with operations and project coordination in financial services. Julie holds a degree in Economics and Psychology from the University of Toronto.