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Energy in Transition

Solving the energy trilemma

Rafiek Versmissen

Rafiek Versmissen

Rafiek Versmissen is a Senior Consultant in the Markets & Regulation Team within DNV GL’s Energy Advisory practice based in London. He has over nine years of expertise as an advisor in the energy sector, with a focus on energy policy and regulation, network tariffs, market analysis and due diligence, valuation and advice to investors. Most recently, Rafiek has been working for Ofgem providing an independent assessment of the economic aspects of a proposal for network reinforcement under Ofgem’s Strategic Wider Works (SWW) process. Prior to this, Rafiek was part of a team developing a strategy and business plan for a global network infrastructure provider, with specific responsibility for strategic market analysis and financial scenario modelling. Rafiek joined DNV KEMA (now DNV GL) in March 2013 after working as a consultant in the Economics & Regulation team at KPMG. At KPMG, Rafiek managed a series of projects for Ofgem and DECC, providing advice regarding the design of the Electricity Market Reform (EMR) programme in the UK, including an assessment of potential conflicts of interest and synergies for National Grid in delivering the Electricity Market Reform (EMR) programme. Prior to joining KPMG, Rafiek worked as a consultant in the energy team at NERA Economic Consulting, during which time he worked on a variety of projects for clients in GB as well as on the European Continent, where his focus was on assisting network companies in different countries in understanding the impact of (changes in) the regulatory regime on their business, including different approaches in regulatory accounting methods, as well as due diligence and valuation work. To join Mr. Versmissen's professional network on LinkedIn, click here.

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Innovation funding under RIIO: “Money left on the table?”

Innovation funding under RIIO: “Money left on the table?”

Just over one month into RIIO ED-1, DNOs are dealing with the outcome of their review process, which means looking into ways of cutting costs. In our previous blog, we proposed that DNOs will need to adopt a holistic approach to managing networks and ...

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RIIO’s risks: the good news is that they’re manageable

Utilities are safe, predictable businesses, offering their shareholders safe, predictable returns. Everybody 'knows' that. But are they right to believe it? Because increasingly, as we see more of Ofgem's RIIO reforms, those assumptions of safe an ...

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