Portrait of Professor Alfredo Macchiati

Professor Alfredo Macchiati : Partner

Alfredo’s professional experience encompasses research and analysis of regulation and competition for institutions such as CONSOB and Autorità Garante della Concorrenza e del Mercato, and for firms such as Enel and Ferrovie dello Stato. From 2011 to 2015 he was Director General of Cassa Conguaglio per il settore elettrico (CCSE), the Italian clearing house of the electricity and gas sector. He was subsequently Senior Adviser at the infrastructure investor CDP Reti, where he advised on regulatory and antitrust issues. Alongside his work in business, Alfredo has taught at several Italian universities, including the University of Bologna, Tuscia University, University of Rome Tor Vergata, and LUISS Guido Carli, where he currently leads the Economic Policy course in the Department of Political Science.

Alfredo graduated in Economics and Commerce from Sapienza University of Rome. He then joined the Research Department of Banca d’Italia, and completed his training at Northwestern University, USA.

Alfredo speaks English, and Italian.

Tel: +39 06 90258083

Alfredo's specialisms include:

professional experience

  • Alfredo’s experience includes, among other examples, projects in waste management (2019–20); competitive assessment in the retail market (2019); damages assessment in relation to a cartel in the electric cables sector; assessment analysis of the impact of the reform of the water sector in Italy (2018–19); and projects in gas distribution (2018 and 2020).

  • Professor of Economic Policy, LUISS Guido Carli University in Rome (2011–)

  • Senior Adviser, CDP Reti (2015–17)

  • Director General, CCSE (2011–15)

  • Chairman and CEO, Mercados EMI Europe srl (2010–11)

  • Member of Trenitalia’s board of directors (2007–09)


  • Alfredo is associate editor of Mercato Concorrenza Regole, and author of numerous publications on public utilities regulation, privatisation, financial markets and economic policy. His book, Perché I’Italia cresce poco, was published by Il Mulino in 2016.


  • BA Economics, Sapienza University, Rome

  • Visiting scholar, Northwestern University, USA

Latest Insights:  Professor Alfredo Macchiati

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Ahead of the new regulatory period for the integrated water service, in December 2023, ARERA (Autorità di Regolazione per Energia Reti e Ambiente) published the decision setting the new regulatory…
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On 31 January 2020, the first two cases of COVID-19 were registered in Italy. Over the following weeks, the virus spread throughout all Italian regions, and by the second week…
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The Italian water sector is undergoing a period of significant change. The sector does not require radical intervention in its ownership structure to improve investment levels and quality standards, but…

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