Portrait of Jaime Nóvoa

Jaime Nóvoa : Consultant

Jaime is a member of Oxera’s Regulation & Market Design, Infrastructure Regulation and Impact Assessment teams. His work primarily focuses on the transport, energy, water, and financial services sectors. He applies his expertise in economics and analytical tools to address a broad range of client challenges, with particular experience in regulatory price controls, impact assessments, public policy, strategy, and commercial disputes. Jaime has advised on numerous high-profile cases, including price control reviews for regulated utilities, and has supported organisations in assessing the implications of investments and regulatory or policy changes for firms, consumers, and the wider economy.

Before joining Oxera, Jaime graduated with an MSc in Economics from the London School of Economics and Political Science, where he specialised in public and industrial microeconomics. During his studies, Jaime worked as a teaching and research assistant to university professors in various subjects, such as environmental economics, behavioural economics and game theory.

Jaime speaks English, Spanish, and French.

Tel: +44 (0) 20 7776 6659

Jaime's specialisms include:

Selected
professional experience

  • Supported a UK gas distribution network on evaluating the level of risk introduced by the RIIO-GD3 price review (2025–)

  • Assessed the scale and impact of carbon offshoring practices for a large energy industry body in the UK (2025–)

  • Provided support to Anglian Water on developing evidence and submissions on a range of regulatory issues as part of its representation on Ofwat’s PR24 price review and subsequent appeals (2023–)

  • Supported a major New Zealand airline in the review of New Zealand airports’ regulatory regime (2025)

  • Supported a UK transmission operator on developing evidence on Ofgem’s RIIO-T3 investability risks and facilitated a roundtable discussion for investors to convey these concerns to Ofgem (2025)

  • Assessed the economic, social and environmental impacts of regional aviation in Europe for the European Regions Airline Association (2024–25)

Qualifications

  • MSc Economics, London School of Economics and Political Science, UK

  • BSc Economics, University College London, UK

Latest Insights:  Jaime Nóvoa

< 1 minute read
Great Britain’s railway is at a critical juncture, facing unprecedented pressures arising from changing travel patterns, ageing infrastructure, and ongoing financial strain. These challenges, exacerbated by the impacts of the…
6 minute read
In this two-part series, we delve into the regulatory implications of rail reform. This reform will bring significant changes to the industry’s structure, including the nationalisation of private passenger train…
9 minute read
The Labour government's plan to nationalise private passenger train operators and introduce Great British Railways (GBR) marks a significant shift in the management of the rail network in Great Britain.…

Exploring the role of economics in competition and policymaking

Oxera’s team in Spain are hosting an engaging evening of discussion on the role of economics in competition and policymaking, featuring insights from leading voices in academia and industry. The roundtable will cover critical perspectives from competition, energy, industry, and finance. 19.00: Opening remarksCarlos Pascual (Oxera) 19.05–19.20: Keynote speechCani Fernández. Read More

Image depicting Exploring the role of economics in competition and policymaking

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