Ruxandra Ciupagea

Senior Vice President

Madrid | London

Ruxandra Ciupagea is a Senior Vice President, based in Madrid and London. Ms. Ciupagea has nearly 15 years of experience in economic consulting and has provided expert witness testimony in litigation and international arbitration matters focused on pricing, valuation and damages assessments in energy and infrastructure markets. She has extensive experience in the fields of regulated infrastructure, electric power, renewable energy and natural gas and LNG. Ms. Ciupagea is a recognized expert witness in the Who’s Who Legal Arbitration listing and a recognized expert in the Who’s Who Legal Energy publication.

Ms. Ciupagea also has particular expertise in electricity market modeling, including market price forecasts and valuation of transmission assets and storage technologies, as well as in the environmental arena, where she has consulted on issues related to air quality impacts, carbon leakage risk, and carbon credits. She has participated in designing models related to the UK Renewable Heat Incentive and renewable energy support (RES) policies in Europe.

Ms. Ciupagea has co-authored an article on the Principles of Damages for Violations other than Expropriation in the fourth edition of The Investment Treaty Arbitration Review (Law Business Research, Ed. Barton Legum, June 2019) (jointly with Dr. Moselle), and a study regarding a renewable energy supplier obligation in the Netherlands. Ms. Ciupagea is also a guest lecturer in the Damages in International Arbitration and Energy course at the Queen Mary University of London School of Law, and a guest lecturer at the Brussels School of Competition on the regulation of the electric power and natural gas industries.

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    • MPhil in Economics and Finance, Centro de Estudios Monetarios y Financieros
    • BA in Economics, Universidad Carlos III de Madrid

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