Professor Ryan Williams is Chief Economist at ENODA.

At ENODA, Ryan plays a pivotal role in guiding both micro and macroeconomic strategies. His primary responsibilities include the analysis of the future energy grid's supply and demand, as well as the enhancement of market efficiencies to deliver cost-effective energy solutions for consumers. Ryan is currently leading the market design of ENODA’s Ensemble software platform.

Ryan has a wealth of international experience spanning over 20 years. His career history has seen him work closely with both transmission and distribution system operators for electricity and gas networks, advising on many topics including regulatory finance.

As a former Director of Economic Consulting leading the energy economics practice at Grant Thornton UK, he was instrumental in shaping various facets of the regulated and deregulated energy supply chain. His advisory reach also permeated other regulated sectors, notably water and telecoms, in the UK and Ireland.

Before this, he was a Principal at Oxera in London, overseeing a multitude of regulatory initiatives across industries including electricity, gas, telecoms, water, and transport. In the UK, he managed the RIIO-2 cost of capital responses for the Energy Networks Association (ENA), Wales and West Utilities, and SSE Networks. At Oxera, he notably led the firm's Paris office from 2020 to 2022 and managed critical regulatory appeals with Competition Authorities across Europe, including France, Germany, Belgium, and Finland.

During his time as a Senior Associate at PwC, Ryan specialised in manufacturing sectors, working with clients including Michelin, Electrolux and Caterpillar.

Ryan started his professional career developing software Khafra Engineering, an engineering consultancy in C++ and VB. This followed his undergraduate degree in Computer Science. As an academic, Professor Williams has developed courses teaching software development in Java and VB, and developed textual analysis algorithms in Perl for his PhD dissertation.

Beyond his corporate endeavours, Ryan has made substantial contributions to academia. Ryan is a Research Fellow at Imperial College London’s Centre for Climate Finance and Investment (CCFI). He was previous a professor in the finance departments at the University of Arizona and Université Paris Dauphine - PSL, where he lectured on valuation, econometrics, and complex financial problems. His numerous top-tier academic publications, international awards, fellowships, and grants underscore his prominence within the academic community. He currently serves as the founding editor of the Journal of Technoeconomics and has previously held the position of managing editor for the InfraGard Journal—an academic publication on infrastructure security established in collaboration with the U.S. Department of Homeland Security and the Federal Bureau of Investigation (FBI). He has been a peer reviewer for over 15 academic journals, including all leading financial economics journals, has been actively involved in more than 20 academic program committees, and has delivered over 40 international research presentations. 

Ryan also holds a Non-Executive Director position at OneAZ Credit Union, a regulated financial institution in the United States with a balance sheet of $4 billion. He has been the Board’s treasurer for 3 years, and was chairman of the Risk Management committee for five years, emphasizing his proficiency in fostering sound governance strategies at both committee and board levels. He is also a founding trustee of the Society for Technoeconomics, a Scottish-registered charity dedicated to using the frontier of economics, engineering, and energy to improve the quality of life of lower-income global citizens.

Professor Williams was recently appointed to the UK’s Regulatory Policy Committee (RPC) by the UK Cabinet. The RPC is an independent body working for the UK Government. The Committee’s role is to evaluate the quality of evidence that is used as the basis of government regulatory proposals.  

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