Directors
David Cox
David Cox is President of Pöyry Energy Management Consulting, and has responsibility for all European offices of Pöyry Management Consulting comprising around 250 energy experts.
David has worked in the energy industry for over 25 years and has expertise in the regulation of utilities, strategy, market entry, valuation, security of supply, gas storage, gas contracts and gas transportation issues. He joined ILEX in 1995 as Principal Gas Consultant and became a Director in September 1999. Previously, he was Business Regulation Manager at British Gas.
David is an acknowledged expert and has worked right across the energy value chain for clients including Governments, regulators, banks, producers/generators, utilities, shippers, suppliers, large energy users and system operators.
He is widely known in the gas industry and respected for having independent views. He oversees the gas price forecasting team and also co-ordinates Pöyry's modelling and scenario analysis.
Phil Hare
Managing Director Phil Hare joined Pöyry as a Principal Consultant in 2004 and has over twenty years experience in the energy industry.
He specialises in corporate strategy, especially helping energy companies enter different geographic markets and move into new businesses. Other consulting areas include M&A, electricity and gas retail strategies, and complex commercial appraisals. Phil leads the company's carbon capture and storage practice.
His clients include major international electricity and gas companies, government departments and business start ups.
Before joining Pöyry, Phil had a 15-year career at Powergen plc (latterly EON-UK), where he held a variety of senior management posts in operational and strategy roles. Prior to this he managed the UK Government's biomass R&D programmes.
Phil has a BA (Hons) and D.Phil. from Oxford University.
Matt Brown
Matt Brown, Senior Director, leads the London office of Pöyry Energy Consulting.
His focus is the process of liberalization, the development of energy markets, emissions trading and the resulting strategic impacts on key market participants. With nearly twenty years' experience in the European energy industry, his expertise spans the energy value chain. The majority of his consultancy experience covers two related areas: valuations for M&A and project finance transactions and commercial due diligence; strategy development and fundamentals analysis often making use of scenario planning frameworks.
Most recent projects include: advising an Irish market incumbent on its strategy following the introduction of the all-island single electricity market; helping a large international power company to re-define its European strategy; assisting a new entrant into the European market with its electricity sales strategy.
Before joining Pöyry, Matt led the European Power Practice at CERA based in Paris with a strategic retainer client base of 70 companies. Matt was a Director of ILEX Energy Consulting (now part of Pöyry Energy Consulting) until 2005 (having joined in 1996 as a consultant) and previously worked at ETSU (now Future Energy Solutions) and Texaco. He holds a BSc in Mathematics and an MSc in Environmental Technology both from Imperial College, London.
John Macadam
John Macadam was trained as a physicist. He is a Chartered Engineer, a Member of the Institute of Energy and of the Chartered Institution of Building Service Engineers. After a career in government R&D, the International Energy Agency, engineering consultancy, and with economic counsel, John joined ILEX as a partner in 1991, and became a Director on incorporation in early 1999.
John is Senior Director whose expertise includes: price projections and risk assessment for electricity and gas markets; commercial, regulatory and policy issues for power stations; analysis and development of principles of tariff structures for electricity and gas networks; and commercial strategies for incumbent or new entrant companies in electricity and gas markets. John has particular interest in the energy markets in Italy.
John is widely known and respected across the electricity industry. In addition to his work at ILEX, he is a board director of the Association of Electricity Producers and is a past chairman of the UK CHP Association's Tariffs Forum. His current work brings him contacts at a senior level with major electricity industry players and policy makers.
Gareth Davies
Gareth Davies is Director with expertise in energy policy analysis and energy market economics.
Prior to joining Pöyry he was Managing Consultant in the Energy Team at Oxera Consulting, undertaking research into the strength and effectiveness of investment incentives in liberalised markets and their implications for prices and emission levels. He has provided expert advice to a range of commercial and government clients, given evidence to the Competition Commission on electricity wholesale market pricing and been a member of a Special Advisory Panel for the National Audit Office on domestic electricity market liberalisation.
His recent work has focused on issues of security of supply, climate change and energy market liberalisation.
Gareth has a D Phil and an M Phil in Economics from the University of Oxford and an MA (Cantab) in Economics from the University of Cambridge.
Andrew Morris
Director Andrew Morris has worked in the gas industry since 1983. Since joining the company in February 1997 from British Gas as a Senior Consultant, he has advised a number of large consumers on their gas purchasing strategies and on gas transportation issues in Britain, Ireland and Italy, as well as providing gas price projections for project feasibility studies and authoring sections of the report published by the Pilot Taskforce on the gas price movements.
Andrew has also been involved in the development of the Transco and Bord Gais Eireann network codes, has produced guides, reports and workshops on the UK gas market, and was intimately involved in developing the arrangements for matching nominations and allocating gas at the UK-Continent Interconnector at Bacton. Andrew is part of the risk management and trading team and has managed training courses in energy trading.
Andrew Nind
Director Andrew Nind has worked in the UK energy industry since 1988, including seven years at Caminus. He has managed numerous electricity market studies and power asset valuations, for public and private companies, financiers, government and regulators, in several European countries. These include several large CCGTs in the UK, stranded asset contracts in the Netherlands following liberalisation in 2001, and feasibility studies for electricity interconnectors.
Since joining Pöyry Energy in 2004, Andrew has assumed responsibility for electricity modelling througout Europe. He initially developed EurECa for modelling the EU Emissions Trading Scheme and retains a close involvement in carbon projects. He is also active in the areas of risk and option analysis, and electricity interconnection.
Andrew has a degree in mathematics from Cambridge University and an MSc (Distinction) in Operational Research from the London School of Economics. He holds further qualifications in trading and risk management (futures and options representative) and a certificate in advanced mathematics (Cambridge).
Richard Slark
Richard Slark is the Director with responsibility for Pöyry Energy's renewables consultancy. Since joining the company in 1997 he has advised conventional and renewable power station developers, financiers and operators on commercial, market and regulatory risks and provided energy policy advice to government departments in the UK, Ireland and continental Europe.
He specialises in renewable and distributed generation where his work has included advising on trading in the energy and renewable markets and assessments of the value of green and embedded benefits. In recent years Richard has managed several projects looking at the impact of new renewable generation on system security and transmission and distribution investment, including the 2002 SCAR report to support the UK's Energy White Paper and SEI's Wind & Reserve report in 2004. Richard has also advised DTI on the impact on the Renewables Obligation of changes to the eligibility rules relating to co-firing and, more recently, Energy from Waste.
Richard has an MSc in Environmental Management and a BA in Economics. Prior to joining Pöyry Energy, he worked as an economist for the UK electricity regulator Offer (now Ofgem).
Steven Taylor
Steven Taylor is the Head of Iberian practice for Pöyry Energy Consulting, he has 13 years experience working in the Spanish energy market, having previously held the position of Director for Business Development for Energi E2 Iberia (a wind farm developer).
Prior to this he worked for PricewaterhouseCoopers as a strategy consultant specialising in the energy industry for 6 years. As a consultant he has worked for all the incumbent utilities in Spain as well as most of the new entrants, the Government and the Regulator (CNE).
Steven has an in-depth knowledge of the Iberian Gas, Electricity and Renewables markets with a proven track record of asset valuations for mergers and acquisitions as well valuable experience in modelling gas, electricity and renewable feed-in tariff price projections for the Spanish and Portuguese energy markets. As a result of his years of experience he has developed a detailed knowledge of the Spanish and Portuguese energy sector regulatory framework.
Having studied at Runnymede College in Madrid he went on to study a BSc Honours Degree in Biology and Chemistry at Bedfordshire University and completed his studies with an MBA in Business Administration from the Instituto de Empresa in Madrid. Steven is bilingual (English and Spanish) and also speaks French.
Stephen Woodhouse
Director Stephen Woodhouse is an expert in the economics and the practice of changing electricity markets, covering energy, balancing services and transmission pricing.
He has given advice to many clients on the consequences of new trading arrangements in England and Wales (NETA), and on the types of company structure and market strategies that might be successfully employed under the new arrangements. He has managed the process of a BSC Party entering the NETA arrangements and managed a project to set up trading processes and systems for the takeover of two large power stations.
Stephen is responsible for our price modelling and market intelligence for Ireland. He managed a project for the Irish Commission for Energy Regulation, as part of their programme for reform of electricity trading arrangements. In conjunction with UMIST and University College Dublin, he built a detailed energy and transmission model to calculate locational marginal prices.
He has an MA (Cantab) in economics from the University of Cambridge.
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