INDEPENDENT STRATEGIC ADVISORY
Strategic advice on
energy, markets
and investment.
Economic analysis for business, policy and institutional decisions.
GMAEP advises companies, governments and institutions on energy policy, pricing, investment and governance. Led by Ricardo Raineri, the firm draws on his experience across public policy, business, academia and international organizations to assess options and support informed decisions.
WASHINGTON, DC AREA · UNITED STATES & LATIN AMERICA
THE ECONOMICS BEHIND THE DECISION
What shapes
your decision?
01
Prices and incentives that shape economic outcomes.
02
A constraint that changes where value sits.
03
Institutions that determine what can be delivered.
Connect economic analysis, governance and implementation to the choices ahead.
FOR CONSEQUENTIAL DECISIONS
Investors & lenders
Energy & infrastructure companies
Mining & large energy users
Governments & institutions
OUR PERSPECTIVE
A stronger decision starts
with the right question.
Our approach examines how prices, incentives, regulation and institutional arrangements shape decisions. We consider how constraints and risks evolve, connecting economic analysis with the client’s commercial or policy objectives.
GMAEP connects sector economics with the realities of policy and implementation. We examine the assumptions that drive a decision, identify what can change them and translate the analysis into practical options.
FOUR CONNECTED CAPABILITIES
Energy, markets and institutions.
Advice for consequential decisions.
Our advisory work combines economic analysis with an understanding of regulation, commercial incentives and institutional constraints. Each engagement is tailored to the client’s decision, context and available evidence.
01
Energy policy & sector reform
Assessment of energy policies, market design and reform options, connecting economic objectives with institutional conditions and implementation.
02
Pricing, tariffs & economic regulation
Economic assessment of prices, tariff structures and regulatory frameworks, considering efficiency, affordability and financial sustainability.
03
Strategy, investment & transactions
Independent economic and strategic assessment of projects, market entry, investment alternatives and transactions.
04
Institutions, governance & infrastructure
Assessment of how governance, institutional mandates and incentives affect enterprise performance, infrastructure investment and financial sustainability.
International & Multilateral Advisory
These capabilities support assignments for companies, governments and multilateral institutions, drawing on Ricardo Raineri’s experience in public leadership, corporate governance and international development.
WAYS TO WORK WITH US
Start with the decision.
Define the work around it.
Scope, evidence requirements, specialist participation and deliverables are agreed for each engagement.
Focus of the review
Assess commercial assumptions, pricing and contract economics, regulatory exposure and alternative scenarios, examining their implications for viability and strategic fit.
Potential deliverables
An economic and strategic assessment, scenario comparisons, a review of pricing or contract options, and a decision memorandum identifying risks and questions for further diligence.
Focus of the assessment
Examine how market rules, tariff structures, subsidies, governance and institutional responsibilities affect incentives, affordability, service performance and financial sustainability.
Potential deliverables
A policy, regulatory or institutional diagnostic, an assessment of tariff or reform options, and recommendations on governance and implementation priorities.
Focus of the engagement
Review proposals and new evidence, assess strategic alternatives and connect commercial, policy and institutional developments to the organization’s objectives.
Potential deliverables
Periodic advisory discussions, targeted analytical notes, review of proposals and executive or board briefings.
HOW WE WORK
Senior judgment.
Explicit assumptions.
Practical conclusions.
Frame the decision.
Clarify the alternatives, stakes, time horizon and the evidence needed.
Test the economics.
Examine incentives, constraints and scenarios; distinguish evidence from assumptions.
Translate into action.
Set out implications, trade-offs and the next steps that follow from the analysis.
Engagements are led by Ricardo Raineri, with specialist collaborators brought in where the scope calls for them.
LEADERSHIP
Ricardo Raineri
Founder & President, GMAEP
Energy economist and strategic advisor
[email protected]
Ricardo brings experience across government, corporate governance, international institutions and academic research to complex decisions in energy and regulated markets.
Public policy
Former Minister of Energy of Chile (2010–2011)
Corporate governance
Former Chairman of ENAP (2010–2011)
International institutions
Former Alternate Executive Director, World Bank (2012–2014)
Energy economics
Past President, IAEE
Professor, Pontificia Universidad Católica de Chile
He served as Chair of the 47th IAEE International Conference, held in Santiago in July 2026 and hosted by Pontificia Universidad Católica de Chile.
Institutional roles and affiliations describe Ricardo’s professional experience, separately from GMAEP client engagements. GMAEP and Power & Markets are independent initiatives; references to IAEE, the university, and other institutions do not imply their endorsement. Views expressed are personal.
PUBLIC INSIGHT · PRIVATE ADVISORY
Power & Markets
Energy · Economics · Geopolitics
Power & Markets is an independent GMAEP editorial initiative led by Ricardo Raineri. It examines energy policy, markets and investment through personal analysis and commentary.
A QUESTION THAT GUIDES OUR THINKING
As one constraint eases,
what becomes scarce next?
A new technology or policy may improve one part of a system while increasing pressure elsewhere. Understanding those dependencies helps identify the risks and opportunities behind a headline.
This perspective informs our advisory analysis. Each application requires evidence and assessment in its own market and institutional context.
START A CONVERSATION
What decision
are you facing?
Tell us the decision, the market and your time horizon. We can discuss whether a focused review or a broader advisory engagement fits your needs.
Global Mining and Energy Partners, LLC
Gaithersburg, Maryland, USA · Washington, DC metropolitan area
[email protected]
GMAEP.
GLOBAL MINING AND ENERGY PARTNERS
Independent economic and strategic advisory.
© 2026 Global Mining and Energy Partners, LLC