Concentric Energy Advisors, Inc. Continues Growth Trajectory – Expands Economics Expertise with Key Hires

MARLBOROUGH, Mass., Dec. 5, 2017/PR Newswire/—Concentric Energy Advisors, Inc. (“Concentric”), is pleased to announce that Karl McDermott, Ph.D. and Carl Peterson, Ph.D. have joined the Company as Executive Advisors.

Dr. Karl McDermott is the Ameren Distinguished Professor of Business and Government at the University of Illinois at Springfield, where he specializes in public utility regulation and public policies toward the regulation of business.  He directs and participates in numerous projects in both the energy and telecommunications areas.  Dr. McDermott has also testified before numerous state regulatory commissions and legislatures, as well as before the FCC, FERC, and the Missouri state court. Dr. McDermott holds a B.A. in Economics from the Indiana University of Pennsylvania, M.A. in Public Utility Economics from the University of Wyoming, and a Ph.D. in Economics from the University of Illinois at Urbana-Champaign.

Dr. Carl Peterson is a program faculty member at the Institute of Public Utilities at Michigan State University and has taught Economics at Illinois Central College and Eureka College. His work has appeared in The Electricity Journal, Natural Gas and Electricity, and several edited volumes. Dr. Peterson has advised governments and private entities in Europe and the United States on issues related to the regulation of public utilities since 1998. Dr. Peterson holds a B.S. and M.S. in Economics from Illinois State University and a Ph.D. in Economics from the University of Illinois at Chicago.

“We are excited to have Dr. McDermott and Dr. Peterson join the Concentric team,” said John J. Reed, Chairman and Chief Executive Officer of Concentric.   “Karl and Carl are passionate about solving the complex economic and business problems that develop in a changing utility landscape.  We are pleased to offer their knowledge and experience to Concentric’s clients as we navigate the changes and adapt.”

Concentric Energy Advisors specializes in management consulting and financial advisory services with a focus on the North American energy industry.  Through its subsidiaries, CE Capital, Concentric Advisors ULC, and Concentric Energy Publications, Concentric provides capital market advisory support, consulting services in Canada, and publishes The Foster Report.  Information about Concentric Energy Advisors is available on the company’s website, Twitter, and LinkedIn pages, which can be accessed via


Media Contact:

Wendy Preston


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