Submitted expert testimony in a merger-related dispute in the energy industry; testimony involved the valuation of a potential environmental liability/toxic tort arising from oil and gas operations, including an assessment of the materiality of the liability to the proposed merger.
For a large investor-owned utility in the Southeast, analyzed alternative environmental compliance strategies that directly incorporated uncertainty over future emissions costs, environmental regulations, and alternative pollution control technology effectiveness.
Submitted expert testimony on behalf of Green Mountain Power Corp. in a Vermont Public Service Board proceeding (In the Matter of Green Mountain Power Corporation requesting a 12.93% Rate Increase to take effect January 22, 1999, Docket No. 6107). Analyzed the appropriate discount rate, treatment of environmental costs, and the treatment of risk and uncertainty as part of a major power-purchase agreement with Hydro-Quebec.
Submitted expert testimony on behalf of Green Mountain Power Corp. in a Vermont Public Service Board proceeding (Investigation into the Department of Public Service’s Proposed Energy Efficiency Utility, Docket No. 5980). Analyzed distributed utility planning methodologies and environmental costs.