Speaker Profile: Larry Makovich

Insights on Restructuring of the Electric Power Industry
Larry Makovich, Senior Director, Americas Gas and Power Group, Cambridge Energy Research Associates

Lawrence J. Makovich is a highly respected expert on the restructuring of the electric power industry. He directs CERA’s research efforts in the Americas Gas and Power group. He is an authority on electricity markets, regulation, economics, and strategy. His current research focuses on competitive power markets and the effects of liberalization on electric utility companies, including valuations and strategies. He is also analyzing the impact of electric power restructuring on transmission. He examined the requirements for successful deregulation in Energy Restructuring at a Crossroads: Creating Workable Competitive Power Markets. He directs CERA’s Electric Power Watch and oversees Electric Power Trends.

Dr. Makovich is currently advising or has recently advised several large utilities on major strategic restructuring projects. He also testifies regularly to the US Congress on electric power policy. He has advised the government of China on electric power deregulation and transmission in competitive markets, and the Brazilian Congress invited him to testify on power liberalization. Among Dr. Makovich’s other significant CERA studies are examinations of the California power crisis in Crisis by Design: California’s Electric Power Crunch and Beyond California’s Power Crisis: Impact, Solutions, and Lessons.

Dr. Makovich has been a lecturer on managerial economics at Northeastern University's Graduate School of Business. He holds a BA from Boston College, an MA from the University of Chicago, and a PhD from the University of Massachusetts.