Richard Tabors

Dr. Richard Tabors is an economist and scientist with extensive domestic and international experience in energy planning and pricing. Prior to co-founding NewGrid, he was Vice President and Energy Practice leader at Charles River Associates from 2004 to 2012. He is founder and president of Tabors Caramanis Rudkevich (2014) and was previously founder and president of Tabors Caramanis & Associates from 1988 until its sale to Charles River Associates in 2004. Dr. Tabors was co-director of the MIT Energy Initiative’s Utility of the Future project. He has provided expert assistance and testimony in numerous energy sector regulatory and arbitration cases at the federal, state, and provincial levels throughout the United States and Canada. He has also provided technical assistance on electricity markets and market development to policymakers, utilities, merchant power developers, and transmission companies in North America, Europe, Latin America, Australia, and the Middle East. Dr. Tabors was a member of the MIT team that developed the theory of spot pricing upon which real-time pricing and locational marginal pricing of electricity and transmissions services are based (Spot Pricing of Electricity, Kluwer Academic Publishers, 1988). He subsequently led teams addressing the restructuring of power markets in the United Kingdom, throughout the United States, and in Canada. He has held a variety of research and teaching positions at MIT including assistant director of the Laboratory for Electromagnetic and Electronic Systems, and associate director of the Technology and Policy master’s program. He is also a Visiting Professor of Electrical Engineering at the University of Strathclyde, Glasgow, Scotland, and a member of the U.S. National Academy of Engineering. Dr Tabors holds a Ph.D. in Geography and Economic from the Maxwell School at Syracuse University and an honorary Doctor of Science in Engineering from the University of Strathclyde.