Richard L. Levitan, President & Principal
Richard leads the firm's advisory services in the areas of power plant valuation, wholesale power procurement, pipeline / storage adequacy assessment, rate design, and asset acquisitions.
has 34 years of industry experience in pipeline transportation management, finance, regulation, and wholesale market analysis.
advises regulatory commissions, investors, and utilities on diverse commercial matters pertaining to resource planning, wholesale procurement, capacity market mechanisms, and gas / electric interdependencies.
performs due diligence on quick-start peakers and combined cycle plant resources, renewable energy technologies, and HVDC transmission projects.
has managed gas pipeline adequacy and storage deliverability studies for independent system operators as well as gas and electric utilities throughout the U.S.
has advised diverse stakeholders on Open Access Transmission Tariffs, and has testified many times at FERC
and before state and provincial regulatory commissions.
Prior to founding LAI in 1989, Mr. Levitan was a consultant at Stone & Webster Management Consultants, Inc.
In the late 1970s he was an Economist at Pacific Gas & Electric.
He received his B.A. from Cornell University and his Masters degree from Harvard University where he specialized in Energy Economics.
He also attended Stanford University's Post-graduate Industrial Organization Management Program.