Fangxing Liu focuses on valuing distributed energy resources (DERs) and energy storage. She is a key contributor to E3’s avoided cost analysis, including the firm’s longstanding work on the Avoided Cost Calculator (ACC) for the California Public Utilities Commission. Her work also includes DER valuation frameworks in Illinois and expert testimony on avoided costs in the Northeast and South Carolina, and supporting Illinois’s clean energy goals. Ms. Liu leads E3’s development and application of the RESTORE model, helping investors evaluate revenue opportunities for standalone and hybrid storage projects in CAISO and ERCOT. Prior to joining E3, Ms. Liu served as a utilities engineer at the Public Advocates Office of the California Public Utilities Commission, where she developed policy strategies related to microgrids, DER integration and aggregation, utility deferral, and interconnection processes.

Fangxing chose to work in energy because it is not only a fundamental human need, but also a gateway to a better environment and social equity. She is fascinated by the complexity of energy problems and believes that transitioning energy requires diverse experiences and perspectives.

Outside of work, Fangxing stays active by cycling, running and rock climbing. She values mindfulness and practices meditation and yoga regularly.

Education: MS, Civil and Environmental Engineering, University of California, Berkeley; BS, Civil and Environmental Engineering, University of Illinois at Urbana-Champaign