Alon Carmel is a Managing Director in the Economic and Financial Consulting practice and is based in London. He has more than a decade of experience in the regulation and market design of the energy sector with a focus on renewable technologies, clean energy and carbon pricing.
Mr. Carmel regularly advises energy companies, financial institutions and governments on regulation and market design within the global energy transition. Recent projects include auction bidding strategy for offshore wind and analysing the impacts of zero subsidy renewable projects with power price risk on financing costs. He advises international investors on acquisitions of power market assets such as wind and solar farms, and related energy infrastructure both in terms of market modelling and regulatory risks for due diligence. Mr. Carmel supports utilities and energy companies on strategy issues such as mapping the opportunities and risks from the energy transition. Recent projects have focussed on the integration of renewable technologies such as wind and solar into the electricity network and the role that battery storage, Electric Vehicles, demand response and other forms of flexibility can play. Mr. Carmel has also worked extensively on carbon taxation and carbon trading schemes. In 2007 he developed the UK Government’s global carbon market model analysing schemes such as the EU ETS, CDM and JI.
As a senior expert in his field, Mr. Carmel also acts as an expert witness providing expert reports and testimony on issues such as the UK energy markets and policy, climate change policy and regulation.
Before joining FTI Consulting, Mr. Carmel was a Principal at NERA Economic Consulting and prior to that, he led policy and economics teams with the UK Government (at the Department of Energy and Climate Change and the Department for Transport). He designed the CfD subsidy regime and renewable energy auctions in the UK as part of the 2010-2015 Electricity Market Reform (EMR). Mr. Carmel has written several articles in widely cited publications and has been quoted in prominent media outlets on renewable energy issues. Mr. Carmel frequently speaks at renewable energy and climate change conferences.Back to Experts