Petr Spodniak is an Economist at Compass Lexecon, based in Helsinki. He focuses on market design, regulation, and competition issues in the energy sector, particularly power markets, applying economic and econometric techniques. Petr has a background in econometric and financial analysis and holds PhD and MSc degrees in economics from Lappeenranta University of Technology, Finland.
Petr has advised the Nordic energy regulators on topics related to power market efficiency, risk management, and hedging. He has also advised a number of European Transmission System Operators on issues related to the security of supply and the associated implementation and development of resource adequacy measures. Petr has also been involved in arbitration, damages, and competition cases both in the energy and non-energy sectors.
Prior to joining Compass Lexecon, Petr worked as a post-doctoral research fellow at The Economic and Social Research Institute (ESRI) in Dublin and as a researcher at VATT Institute for Economic Research in Helsinki. Petr has published a number of academic publications on topics such as the impacts of renewable energy on power markets, profitability of energy storage and flexible generation technologies, and efficiency of energy hedging mechanisms. In addition, Petr has lectured a master’s course on electricity markets at the UCD Michael Smurfit Graduate Business School.