Market Insight

11/02/2016 WestWater Expands to Northern Washington

Edmonds, WA - WestWater Research, a leading provider of water marketing, water asset valuation, and transaction services is pleased to announce that Erik Borgen has joined the firm as the Northwest Regional Director. Borgen will be responsible for new business... Read More 

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Edmonds, WA – WestWater Research, a leading provider of water marketing, water asset valuation, and transaction services is pleased to announce that Erik Borgen has joined the firm as the Northwest Regional Director. Borgen will be responsible for new business development and project management for WestWater throughout Washington, Oregon, and Northern California.

Mr. Borgen brings to WestWater over ten years of experience working with water rights, water transactions and hydrology on projects throughout the western US.

Erik has led efforts in strategic planning, valuation and due diligence for water rights acquisition and mitigation banking programs throughout the Northwest. His work for impact investors, non-profit organizations, and government clients has focused on understanding the reliability of water rights and modeling the hydrological impact of administrative changes to those water rights. Erik has completed multiple water bank and alternative water transfer methods feasibility studies, including the development of demand estimates, analysis of potential supply sources and analysis of mitigation credit pricing. Additionally, he has experience in assessing climate change risk to water rights.

Erik Borgen stated, “I am very excited for the opportunity to join WestWater and leverage my background along with WestWater’s vast expertise and resources in water rights valuation, transactions and water resource economics to help clients throughout the region with their complex water transfer needs.”

Erik holds a JD from Willamette University College of Law, an MBA from Willamette’s Atkinson Graduate School of Management, and a BA from Dartmouth College in Geography. He was admitted to the Washington State Bar in 2005.  Prior to joining WestWater, Erik worked for Ecosystem Economics completing a wide array of water rights transaction-related analyses and projects.

Clay Landry, WestWater’s Managing Director, adds “Erik brings a strong background in environmental water markets and water mitigation trading that will allow WestWater to better serve our Northwest clients as well as continue our company’s commitment to streamflow protection through market-based solutions.”

Erik can be reached at WestWater’s Northwest Office.

Tel: (425) 563-8450
144 Railroad Avenue
Suite 232
Edmonds, WA 98020
borgen@waterexchange.com

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08/29/2016 Viviane Baji joins WestWater Research

PHOENIX, Arizona – WestWater Research is pleased to announce that Viviane Baji has joined the company’s Phoenix, Arizona office as a Research Analyst. Viviane comes to WestWater with applied research experience in water resource management, economic cost-benefit analysis, and other... Read More 

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PHOENIX, Arizona – WestWater Research is pleased to announce that Viviane Baji has joined the company’s Phoenix, Arizona office as a Research Analyst.

Viviane comes to WestWater with applied research experience in water resource management, economic cost-benefit analysis, and other areas of environmental and natural resource economics.  Viviane will serve clients by performing rigorous economic and market analysis.  Her work will support decision-making and keep clients informed regarding current trends in US water markets.

“WestWater Research is the premiere research organization working to examine western water markets and address knowledge gaps,” says Viviane. “I am excited to contribute meaningfully to the advancement of water market analysis while learning about the water industry.”

She holds dual degrees with Honors in Environmental and Natural Resource Economics and Business Economics with a minor in Environmental Studies from Utah State University.  At Utah State University, Viviane established and led an active Environmental and Natural Resource Economics Club that obtained grant funding and performed economic studies addressing pertinent issues in Utah’s Cache Valley.

“We are excited to welcome Viviane to the WestWater team,” says WestWater Research Managing Director Clay Landry.  “We are confident that her education and experience will be an asset to the company and an invaluable resource for our clients.”

Founded in 2001, WestWater Research is the leading economic consulting firm providing valuation, market analysis, planning, and transaction advisory services to the water resources sector. Our reputation has been earned through completing over $700 million in transaction advisory and valuation services. With offices in four states (ID, WA, AZ, CO), our team has over fifty years of experience in the water sector.

The Southwest office of WestWater Research was established in 2011 and serves as the company’s research and analysis center.

Read Viviane’s Full Bio

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08/26/2016 WestWater is hiring in Colorado

WestWater Research is seeking qualified applicants for a Research Associate position in the field of water resource economics and finance in our Fort Collins office. The successful candidate will be responsible for conducting water market research and water right valuation... Read More 

WestWater Research is seeking qualified applicants for a Research Associate position in the field of water resource economics and finance in our Fort Collins office. The successful candidate will be responsible for conducting water market research and water right valuation and financial analysis on company and client projects. The position may also be responsible for managing 2 to 3 member teams to complete projects.

Click here for a full job description and application instructions.

 

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08/24/2016 WestWater Attends 2016 Tribal Water Summit in Fort Hall, Idaho

Fort Hall, Idaho - The Shoshone-Bannock Tribal Water Resources Department recently hosted a one-day summit on Tribal water management issues in Fort Hall, Idaho.  The first annual conference focused on developing water management programs and Tribal water marketing. The summit... Read More 

Fort Hall, Idaho – The Shoshone-Bannock Tribal Water Resources Department recently hosted a one-day summit on Tribal water management ShoshoneTWRD_LowRezissues in Fort Hall, Idaho.  The first annual conference focused on developing water management programs and Tribal water marketing.

The summit was attended by Tribal leaders, water managers and water policy experts, attorneys, and engineers whom all shared the same common goal.  The common goal was a collaborative discussion of the challenges and opportunities encountered by tribes as they manage water and water resources.

Tribal leaders and industry experts discussed the successful implementation of Tribal water management programs and included tribal representatives Elese Teton of the Shoshone-Bannock Water Resources Department; Titus Takes Gun of the Crow Tribe Water Resources Department and Jim Manion from Warm Springs Power and Water Enterprise. Presentations from other industry experts included Woldezion Mesghinna of Natural Resources Consulting Engineers (NRCE), Mason Morisset, Special Water rights legal counsel for the Quechan Tribe (Fort Yuma), and Brett Bovee, the Intermountain Regional Director for WestWater Research.

The sponsors of the 2016 Tribal Water Summit would like to thank all presenters and attendees for participating in the first annual conference of this type, and we look forward to future collaborations.

Elese Teton of the Shoshone-Bannock Tribal Water Resources Department spoke to the Capital Press about potential water quality restrictions and the need for efficiency.  Click here for the full story

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08/23/2016 Headwaters Summer 2016: Accounting for Water

WestWater Regional Director Brett Bovee was featured in the Summer 2016 issue of Headwaters Magazine where he discusses the Colorado water market and how market prices and values are determined. Headwaters Magazine is published by the Colorado Foundation for Water Education to help promote... Read More 

BrettBovee-8webWestWater Regional Director Brett Bovee was featured in the Summer 2016 issue of Headwaters Magazine where he discusses the Colorado water market and how market prices and values are determined.

Headwaters Magazine is published by the Colorado Foundation for Water Education to help promote better understanding of Colorado’s water resources and issues by providing balanced and accurate information and education. The CFWE  has been promoting  its mission through the production of high-quality educational tools and experiences since 2002.

Read the full issue here

 

 

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07/26/2016 WestWater to Co-Chair California Water Law Conference: October 25-26

WestWater Research is pleased to be a part of an insightful water conference exploring the importance of water management issues in California. Clay Landry and Matt Payne will serve as co-chairs of the upcoming seminar produced by The Seminar Group taking place... Read More 

WestWater Research is pleased to be a part of an insightful water conference exploring the importance of water management issues in California. Clay Landry and Matt Payne will serve as co-chairs of the upcoming seminar produced by The Seminar Group taking place on October 25th – 26th in Los Angeles, California. The conference will provide insight into a variety of topics related to water management including a focus on water markets and the role of private capital in funding water supply projects.

Click here for complete details

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07/18/2016 The Water Report features the 2016 Tribal Water Summit

Over the past four decades, tribal water rights have continued to be resolved to provide tribes in the Western states with firm quantities of water to use on their reservation lands and also to lease off-reservation. The quantified but under-utilized... Read More 

Over the past four decades, tribal water rights have continued to be resolved to provide tribes in the Western states with firm quantities of water to use on their reservation lands and also to lease off-reservation. The quantified but under-utilized water rights of tribes represent an important and often over-looked aspect of Western water management. These tribal water marketing transactions provide a means for reallocating water throughout the West so that it will be put to the most valuable uses. The recent article released by The Water Report, gives some context for tribal water marketing, looking at common tribal perspectives towards marketing their hard-fought water rights and how tribal water marketing has come to be utilized. The story of the Shoshone-Bannock Tribes is presented as a case study in tribal water marketing.

The Water Report provides some context for tribal water marketing, looking at common tribal perspectives towards marketing their hard-fought water rights and how tribal water marketing has come to be utilized. While realizing that every tribe has unique circumstances, the story of the Shoshone-Bannock Tribes is presented as a case study in tribal water marketing.

Read the full article

2016 Tribal Water Summit

 

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06/28/2016 Policy Reforms for California’s Water Market Calls for More Information

All markets trade on information – which is the foundation for a set of policy recommendations recently released by the Environmental Defense Fund for reforming California’s water market to help alleviate the drought’s impact on the environment and make the state’s cities... Read More 

edf_logo_600x600All markets trade on information – which is the foundation for a set of policy recommendations recently released by the Environmental Defense Fund for reforming California’s water market to help alleviate the drought’s impact on the environment and make the state’s cities and rural communities more resilient to climate change. The policy reforms call for more market information and greater transparency to stimulate water sharing through market mechanism.

Click here for the full story.

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06/24/2016 WestWater Research to attend the 2016 Tribal Water Summit in Fort Hall

The Western US is facing a new era of water challenges, whether it is dealing with drought, mitigating climate change, or dealing with realities of water use conflicts. Tribes are at the center of this challenge, holding large water rights... Read More 

The Western US is facing a new era of water challenges, whether it is dealing with drought, mitigating climate change, or dealing with realities of water use conflicts. Tribes are at the center of this challenge, holding large water rights and acting as local water managers.  The 2016 Tribal Water Summit will bring together Tribal voices and subject-matter experts to discuss the challenges and opportunities that Tribes are facing. The summit will go beyond Tribal water right basics, and provide unique content on how Tribes are managing water in this new era.

Visit the website for more information

www.tribalwatersummit.com

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05/11/2016 Tribal Water Lease Provides Critical Water for Idaho Groundwater Users

WestWater is pleased to announce that the Shoshone-Bannock Tribes have entered into a landmark water lease agreement with the Idaho Ground Water Appropriators (IGWA) to lease 45,000 acre-feet of water that helps to settle a longstanding feud between surface water and... Read More 

ShoshoneTWRD_LowRezWestWater is pleased to announce that the Shoshone-Bannock Tribes have entered into a landmark water lease agreement with the Idaho Ground Water Appropriators (IGWA) to lease 45,000 acre-feet of water that helps to settle a longstanding feud between surface water and groundwater right owners in the Upper Snake River Basin of Idaho.  Following a decade of litigation and conflict, the Surface Water Coalition representing senior-priority surface water rights signed a 2015 settlement agreement with IGWA, who represents 8 large groundwater districts in southern Idaho.  The settlement agreement requires mandatory reductions in groundwater use as well as an obligation to provide additional streamflows in the Snake River for mitigating the effects of groundwater use.  The Tribes will be providing the bulk of this streamflow mitigation obligation through dedicated water releases from its storage rights in American Falls and Palisades reservoirs.  Since 1998, the Tribes have developed and operated an active water marketing program which has provided water for instream flows, hydropower, and now mitigation as benefits to Idaho and its water users. Elese Teton, who is Director of the Tribal Water Resources Department, said that “the Tribes are pleased to finalize this lease agreement with IGWA and to utilize the Tribal Water Bank to help implement solutions to one of the most important water conflicts facing the Upper Snake River Basin.”  WestWater Research provides ongoing consulting and advisory services to the Tribes in managing the water marketing program.

Related Stories:

IGWA, tribes reach long-term water lease agreement

Tribes ratify long-term water lease with IGWA

For more on tribal water marketing: 

The Tribal Water Resources Department is hosting a workshop on tribal water rights and water marketing.

Join us on August 11th in Fort Hall, Idaho.

 

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