Peter Sherry, Partner | Energy, utilities and resources | Sydney

Contact Peter


Peter Sherry, Partner | Energy, utilities and resources | Sydney

Contact Peter

Meet Members of the team

Peter leads our Australian business from Sydney. He is a passionate ‘energy geek’, with deep expertise particularly in the areas of renewables and energy storage.

Peter grew up in south-west Victoria, studied economics at Monash University and then started his career as an energy regulator in Melbourne. He moved to London in 2009, and then joined Baringa’s energy advisory practice in 2011, where he worked across investment advisory and policy engagements. Peter moved back home in 2017 to start Baringa’s Australian practice, and since then has established a strong reputation in the market and built the local energy advisory team.

Peter has over 15 years of experience working in the energy sector, both in Australia and Europe.

Peter started his career at the Australian Energy Regulator (AER) in network regulation, where he worked on a number of revenue-reset processes as well as cost of capital. After his move to the UK, Peter worked for the UK energy regulator (Ofgem) in 2009, where he got involved in the early stages of the UK Electricity Market Reform (EMR) programme. With Baringa, he continued working on the EMR right through to 2014, on detailed design and implementation of the capacity market and renewable CfD auctions.

Since starting the Australian business in 2017, Peter has established an extensive client base, initially on the investment advisory side.

Backed by a highly talented quantitative modelling team, Peter led the development of the ‘Australian Reference Case’ quarterly market report, which is issued to subscribers in Australia and the rest of the world, including renewable and storage developers, investors, lenders, retailers and large customers. These reports along with business case deep analytics have supported $billions of investment in clean energy in Australia.

From this base, the Australian business has expanded its offerings and client base across commercial and strategic advisory, policy and regulatory support and business change. The local team has grown to 20 and continues to expand at pace.

Peter loves to travel, especially to immerse himself into a different culture and history. After jet-setting around Europe for close to 10 years, he now enjoys travel closer to home, with no shortage of amazing places in this part of the world. He is also an avid football fan – and supports his native Aussie rules team Essendon Bombers, and his UK-adopted Arsenal in the EPL. Don’t ask him which team truly has his heart!

Recent work and publications:

Baringa supports pumped hydro project in Queensland, Australia

Australian Energy Regulator (AER) - Value of optimised flexible DER

Transmission loss factor reform in the Australian electricity market

Energy Event - Where and How to Invest in Energy in 2019 | Melbourne (Australia)