Dr Guido Cervigni is Researcher Director at IEFE, Bocconi University. He is an economist and former regulator, who provides qualitative and quantitative analyses on regulatory and competition-related issues, with a particular focuson energy markets. As a member of the System Operation Expert Group advising the European Regulators’ Group for Electricity and Gas (ERGEG), he has been involved in the development of the EU framework guidelines on System Operations. Guido is a former Director at LECG Consulting, Head of Business Development in an energy trading company and Head of Market Development at the Italian Power Exchange. Guido started his career at the Italian Energy Regulatory Authority, where he was Head of the Competition and Markets Division. Guido Cervigni holds a PhD in economics from IEFE, Bocconi University, Milan.