Energy Management & Regulatory Consulting
What We Do
EMRC provides business intelligence and consulting services to the utility and energy sectors. EMRC’s skills and knowledge base includes principles of economic regulation of utilities, regulatory policy development, financial and economic analysis, cost of service, tariff design, regulation of electricity markets and integration of distributed energy resources.
Our skill set includes the following:
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Meet Our Team
Raj Retnanandan is the Principal Consultant for Energy Management and Regulatory Consulting Ltd. He holds a master’s degree in Management Studies from Durham University (UK). Raj is a Fellow Member of the Institute of Chartered Accountants (Sri Lanka) and a member of the Association of Energy Engineers (USA).
Raj has worked as an independent consultant in the field of economic regulation of public utilities for over 30 years. He has filed expert evidence and appeared before regulatory tribunals. Raj’s skills and knowledge base includes principles of economic regulation, regulatory policy development, financial and economic analysis, cost of service, tariff design, regulation of electricity markets and Distributed Energy Resources (DER). He has prepared and filed policy submissions respecting the efficient and economic transformation of electric and gas utilities in response to the drivers of customer choice, digitization, decentralization and decarbonization.
Nancy J. McKenzie
Nancy J. McKenzie has a J.D. from the University of Alberta (Can) and LL.M. from the University of Bristol (UK). A member of the Alberta Law Society for 20+ years, her practice focuses on regulatory, contract, compliance, privacy and corporate law. She is also experienced in labour, real estate and first nation law. She has represented generators, utilities and customers in rate, facility and policy proceedings before the AUC (and predecessors), appeared before the NEB, NRCB, and all Alberta courts. Her key skill sets include business transformation and change management, strategy, negotiation, project management, and communications (business and technical) writing. She also participates in various sports and enjoys volunteering and raising Scottish Terriers.
Raj Sharma has a MSME degree from Texas A&M University and a B. Tech. degree from IIT Bombay. Raj has a professional engineer (P. Eng.) designation from the Association of Professional Engineers, Geologists, and Geophysicists of Alberta (APEGA).
Raj has worked as an engineering economist in policy, regulatory, markets, environmental, planning, rules, tariff and compliance areas for over 16 years. Raj has filed expert evidence and appeared before regulatory tribunals in USA and Canada. Raj has unique perspectives and insights from his diverse practice in regulated vertically integrated framework of Indiana, in nodal market framework of Texas, and in single zone market framework of Alberta. Raj’s skills and knowledge base includes integrated planning, assessing need for generation, environmental, transmission, or distribution investments, demand side management programs, market rule development, tariff design, operations, and compliance.