George Anstey is a leading expert in energy, infrastructure, and economic regulation. He acts for investors, market participants, governments, and regulators across a wide range of matters. He has a track record as an expert witness in litigation and international arbitration, where he specializes in assessing damages, regulations, and market conditions. Mr. Anstey is frequently commissioned to design electricity and gas market arrangements and assess the impact of policy changes. He provides tailored expert support during regulatory price control processes and commercial and regulatory due diligence for a diverse portfolio of investors.
In arbitration and litigation, Mr. Anstey has provided written and/or oral testimony across a range of venues. He has submitted expert evidence before courts in England and Wales, Ireland, the Netherlands, and the European Court of Justice. He has also submitted evidence in international arbitration operating under UNCITRAL rules, before the Permanent Court of Arbitration in the Hague (PCA), the London Court of International Arbitration (LCIA), the International Centre for Settlement of Investment Disputes (ICSID), and the International Chamber of Commerce (ICC).
In electricity and gas market design, Mr. Anstey works closely with stakeholders to develop arrangements that foster competition, drive efficiency, and ensure transparent pricing. He has repeatedly worked for parties and regulators assessing whether wholesale and retail markets have been abused by market participants, including under the Regulation on Energy Market Transparency and Integrity (REMIT) and the Transmission Constraint Licence Condition (TCLC). He has supported regulators (such as Ofgem) and market participants on the design of arrangements to ensure financial resilience and promote competition between retailers.
Mr. Anstey provides expert support during price control processes, guiding regulatory agencies in setting prices that reflect underlying costs while ensuring affordability for consumers. He has worked repeatedly on the design of incentive arrangements for regulated networks and the design of price caps for energy retail.
Mr. Anstey leads comprehensive regulatory and commercial due diligence evaluations of potential investments in energy and infrastructure projects. He identifies potential regulatory and commercial challenges, offering strategic recommendations to mitigate risks and assess value for investors.
With industrial experience spanning electricity, water, oil and gas, communications, aviation, railways, and gambling, Mr. Anstey has operated across a range of jurisdictions, including the UK, Ireland, Continental Europe, the Middle East, Australia, Japan, New Zealand, and Singapore.
Mr. Anstey has been widely published in respected economic and trade journals such as the Journal of Energy Markets, Electricity Journal, New Power, Water Utility Management International, and Competition Policy International’s Antitrust Chronicle. He is consistently recognized as a top energy expert by Lexology (formerly Who’s Who Legal) (2019 and 2022–2025) and has been highlighted as an “esteemed economist with vast experience advising on complex competition matters in the energy sector.” He is acknowledged as a future leader in arbitration by Who’s Who Legal (2022–2025) and identified as among the top experts of his generation.
In Who’s Who Legal: Energy Experts 2023, Mr. Anstey’s clients recognized:
In Who’s Who Legal: Arbitration Future Leader 2024, Mr. Anstey’s clients recognized: