TCR’s roots date back to the 1980s when Richard Tabors and Michael Caramanis, along with Fred C. Schweppe and Roger E Bohn wrote Spot Pricing of Electricity (Kluwer Academic, 1989). That book provides the theoretical and practical underpinning for Locational Marginal Pricing in competitive power markets worldwide. TCR is the linear descendent of Tabors Caramanis & Associates (TCA), which was founded in 1988 and acquired by Charles River Associates (CRA) in 2004.
Richard D. Tabors, Ph.D.
President, Tabors Caramanis Rudkevich