Experts & Advisors
Cliff W. Hamal
Senior Managing Director
2000 K Street NW, 12th Floor
Washington, DC 20006
+1.202.797.1111 Main
+1.202.481.8303 Direct
+1.571.830.8219 Mobile
Cliff Hamal is a Senior Managing Director at Ankura, based in Washington, DC. He specializes in economic issues pertaining to the electric power and related industries. Cliff’s work is often grounded in a detailed understanding of the intricacies of electricity markets and involves assessing strategic opportunities and risks during times of changing market conditions. His areas of specialization include market design, competitive strategy, power contracting, investment analysis, environmental strategy, market power analysis, and market participant behavior (manipulation) assessment. He is most often involved in matters where unique circumstances require innovative assessments and novel approaches.
Experience
Cliff has provided economic consulting for more than 25 years and prior to that was engaged in technical work involving electric system operations for another decade. His clients have included vertically integrated electric utilities, unregulated electric generation companies, load serving entities, regulatory agencies, fuel and pipeline companies, equipment suppliers, a debt rating agency, a hedge fund, and the Departments of Justice of both the United States and Canada. He has provided expert testimony in matters before courts, regulators and arbitrators in both the United States and Canada.
- Education
- MS, with Distinction, Industrial Administration, Carnegie Mellon University
- BS, with Honors, Marine Engineering and Marine Transportation, US Merchant Marine Academy
