Natalia Fabra is Professor of Economics at Cemfi. She is a Research Fellow at the Centre for Economic Policy Research and CESifo, and an Associate Member of the Toulouse School of Economics and Cemfi . She belongs to the Economic Advisory Group on Competition Policy (EAGCP) of the European Commission. She obtained her Ph.D. in 2001 at the European University Institute (Florence) under the supervision of Prof. Massimo Motta.
Natalia works in the field of Industrial Organization, with an emphasis on Energy and Environmental Economics and Regulation and Competition Policy. She has published her research papers in leading journals such as the American Economic Review, Management Science, The Rand Journal of Economics, The Economic Journal, Energy Economics, The Journal of Industrial Economics, and the International Journal of Industrial Organization, among others. Natalia is an Associate Editor at the Journal of the European Economic Association, and the International Journal of Industrial Organization, and belongs to the Scientific Council of Bruegel.
In 2014, Natalia received two distinguished awards as Spanish Best Young Economist (one awarded by the Banco Sabadell Foundation and the other by the Madrid regional government). In 2017, she was awarded an ERC Consolidator grant “Current Tools and Policy Challenges in Electricity Markets”, for 2018-2024. She has also been awarded an ERC Advanced grant “Socio-Economic Challenges and Opportunities of the Energy Transition (ENERGY-IN-TRANSITION)”, for 2025-2030.
Natalia has been a Research Visiting Fellow at several institutions, including the University of California Energy Institute (Berkeley), Nuffield College (Oxford), the Toulouse School of Economics, and Northwestern University (Chicago), among others.
Currently, Natalia is an independent board member of the Spanish electricity TSO (Redeia). In the past, she has been an independent board member of the Spanish gas TSO (ENAGAS), the Spanish gas exchange (MIBGAS), President of the European Association for Research in Industrial Economics (EARIE), and President of the Spanish Economic Association (AEE).
VoxEU Column
Winners and losers from the energy crisis: Policy lessons from the Iberian electricity market
-

- Energy
VoxEU Column
How to update the EU Merger Guidelines
-

- Competition Policy 
- EU policies
VoxEU Column
The European Commission’s proposal to reform electricity markets
-

- EU policies 
- Energy
VoxEU Column
Some (but not all) investments in renewable energy generate local jobs
-

- Climate Change 
- Environment 
- Labour Markets
VoxEU Column
Electricity markets in transition: A proposal for reforming European electricity markets
-

- Energy