Dr. Francesca Mazzarella is an economist with over 20 years of experience. She is the Director Strategy and Sector Planning of Utilitalia, the association of Italian utility companies, and the Director of Fondazione Utilitatis, the research foundation of Utilitalia, focused on the analysis of the energy, environment and water sectors. She has an extensive experience on sustainability issues related to the energy, environment and water sectors and on evaluation and due diligence processes in regulated markets, such as energy, transport and telecommunications. Before joining Utilitalia, she worked for 15 years in economic consulting, both in Italy and in the United States working at The Brattle Group and, before, at NERA Economic Consulting, advising banks, equity funds, institutions, and companies that operate in regulated markets and the network industries. Dr. Mazzarella holds a PhD in Economics earned from the University of Roma Tre with a visiting period at Stanford University (USA), a M.Sc. in Economics from the London School of Economics, and a Laurea in Finance and Economics from Bocconi University in Milan.