Alan Rai

Alan is an Adjunct Professor at the University of Technology Sydney, where he teaches postgraduate courses in financial risk management and derivatives pricing & trading. He is also a Fellow at the Australian Institute of Energy. Alan has published work in top peer-reviewed journals on asset pricing and financial market liquidity, and more recently on energy policy, climate policy and the electricity sector. Alan has a particular interest in the interaction between climate risk and financial risk.

Alan is also a Director in the Energy Advisory team at Baringa Partners LLP. Baringa Partners is a management consultancy with a focus on the energy and financial services sectors. Alan leads Baringa's Australian electricity market advisory and policy advisory businesses. Power market advisory services include price, MLF, curtailment and FCAS causer pays projections for renewables, storage and thermal plant investments, as well as the development of Baringa's NEM Reference Case. Policy advice has to date focused on advising the NSW and VIC governments in the development of their respective renewable energy zones, as well as advising investors and market participants on transmission network access and (nodal) pricing reform proposals.

Prior to Baringa, Alan worked at the Australian Energy Market Commission, which is the energy advisor to the Council of Australian Governments, where he led projects relating to the integration of renewables into the grid, emissions reduction policies, and wholesale and retail electricity market design. Alan was also acting Chief Economist at the AEMC.

Prior roles to the AEMC include Senior Economist at the CSIRO's Energy Technology division, and an Assistant Professor in Finance at Macquarie University. Alan started his career at the Reserve Bank of Australia, where he spent 7 years covering Australian and U.S. government and corporate bond markets, credit derivative markets, and asset-backed security markets.

Alan holds a PhD in Economics from the University of New South Wales, and a first class Honours degree in Finance and Economics from Macquarie University.