Julia Frayer is a Managing Director at London Economics International LLC (“LEI”) with more than 20
years of experience providing expert insights and consulting services in the power and infrastructure
industries. She has worked extensively in the US, Canada, Europe, and Asia on a range of issues in the
electricity sector, including wholesale market analysis (to support policy analysis, investment and
commercial strategy, resource planning, M&A due diligence, and wholesale market design). Julia also
has experience with regulatory matters in the electricity sector, including expertise on tariff design,
performance-based ratemaking, and market power regulation.
Julia is currently advising clients on various wholesale market design issues in several US markets,
including feasible options for merging realities of the power grid with advent of new technologies and
growing policy mandates for decarbonization. Julia is leading the modeling group at LEI in assessing the
various state and local policy initiatives with respect to decarbonization and clean energy regulation of
the electricity sector. This work involves a multi-disciplinary approach and in-depth understanding of
wholesale market dynamics, system operations, demand forecasting (to account for changing consumer
behavior and electrification trends in other sectors of the economy), regulatory economics (including
views on rate mechanisms that can align with consumers’ willingness to pay for electricity and
consideration of the reliability attributes) and appreciation for various utility-scale generation resources,
consumer-oriented DERs, and energy storage technologies.