Raphael works in the energy and competition practice, with a particular focus on projects in the area of finance.
Having expertise in many different fields (microeconomics, financial economics, public finance, mathematics), he is able to provide support on a broad range of problems.
In his recent projects, Raphael has supported a large European securities exchange in a merger process and has assisted an energy company in planning the socially compatible phase-out of the coal-based generation of electricity. In addition, he regularly advises companies and public authorities on questions about the cost of capital and risk management.
Before starting at Frontier Economics in 2019, he completed a PhD in Financial Economics at the University of Cologne. His research addressed capital costs and liquidity in financial intermediation. Furthermore, Raphael has a mathematical background and also holds a PhD in Theoretical Physics from the University of Jena.