2014 EPRG/CEEPR Annual Conference, 2-3 July, Madrid

Available speaker presentations:
Pre-session address by José María Marín-Quemada (Spanish National Authority for Markets and Competition)
Session 1A: European Energy and Climate Outlook for 2030 by David Newbery, EPRG
Session 1B: Is the EU-ETS Up to the Task? by Michael Mehling, MIT
Session 2A: Hydraulic Fracturing: The US Experience and Implications for the Rest of the World by Chris Knittel, MIT
Session 2B: Ukraine and Security of Gas Supplies to Europe by Kong Chyong, EPRG
Session 3A: Self-Consumption and Net Balancing: Issues and Solutions by Oscar Arnedillo, NERA Economic Consulting
Session 4A: Future Utility Models based on Distributed Energy Resources by Agustín Delgado, Iberdrola
Session 4B: Utilities of the Future by Tomás Gómez, IIT Comillas University
Session 5A: Universalization of electricity supply by Ignacio Pérez-Arriaga, IIT Comillas University
Session 5B: Universal access to electricity: models, challenges, and opportunities by Carlos Sallé, Iberdrola
Session 6A: Investments in Generating Capacity: The Role of Risk and Long-term Contracts by John Parsons, MIT
Session 6B: Towards a Zero Subsidy World? by David Reiner, EPRG

The Cost Effectiveness of Renewable Energy Support Schemes in the European Union

David Newbery David Reiner, and Arjun Mahalingham The Cost Effectiveness of Renewable Energy Support Schemes in the European Union Published at the International Association for Energy Economics, Third Quarter, 2014 pg. 21 | Click here for the link      

EPRG 1410

Xi Liang, Hengwei Liu, and David Reiner Strategies for Financing Large-scale Carbon Capture and Storage Power Plants in China EPRG 1410 | Abstract | NTS |  PDF

Decarbonising the UK’s energy mix and meeting emission targets

Michael Pollitt Decarbonising the UK’s energy mix and meeting emission targets Presented at the Implementing the Electricity Market Reform Delivery Plan, Westminster Forum, London, 10 July 2014 | PDF

Laura-Lucia Richter wins Student Poster Session prize at the IAEE International Conference in New York City 15-18 June 2014

Laura-Lucia Richter wins Student Poster Session prize at the IAEE International Conference in New York City 15-18 June 2014.   Click here to view poster

EPRG 1408

Musiliu O. Oseni and Michael Pollitt Institutional arrangements for the promotion of regional integration of electricity markets: International Experience EPRG 1408 | Abstract  |  PDF

Ukraine and Security of Gas Supplies to Europe

Chi Kong Chyong Ukraine and Security of Gas Supplies to Europe Presented at the 2014 EPRG-CEEPR Annual Conference, Madrid 2 July 2014 | PDF

Report of the Panel of Technical Experts, of which David Newbery is a member

Available here, you may also download the PDF

There is a problem in the UK’s energy market – but it’s the regulator’s fault–A.M. article by Stephen Littlechild

Stephen Littlechild There is a problem in the UK’s energy market – but it’s the regulator’s fault City A.M., 1 July 2014 | Article

What future(s) for liberalized electricity markets?

David Newbery What future(s) for liberalized electricity markets? Presented at the Energy Industry at a Crossroads, Toulouse 5th, June 2014 | PDF

The European Utility Model for a low-carbon future

David Newbery The European Utility Model for a low-carbon future Presented at the IAEE International Conference, New York 16th, June 2014 | PDF

IAEE New York Student Mentoring Event: David Newbery?

Click here for PDF  

EPRG Workshop on Distributed Generation and Smart Connections, 6 June, 2014

EPRG Workshop on Distributed Generation and Smart Connections in partnership with UK Power Networks  June 6 2014 The EPRG and UK Power Networks, our project partner in the Flexible Plug and Play (FPP) project, held a successful Workshop on Distributed Generation and Smart Connections at Memorial Court, Clare College, Cambridge, on the 6th of JuneContinue Reading

2014 Spring Seminar

EPRG is pleased to announce our successful 2014 Spring Seminar with FTI Consulting and Compass Lexecon.  EPRG hosted delegates to a dinner at Churchill College on the 15th of May followed by a full-day seminar at Memorial Court, Clare College.   Please click here to view the presentations from the seminar.

Subsidies in the UK Electricity Sector until 2020

David Newbery Subsidies in the UK Electricity Sector until 2020 Subsidies in the UK Electricity Sector until 2020, Cambridge, 7th February 2014 | PDF

Contracting with Government for low carbon technologies: Designing the Visible Hand

David Newbery Contracting with Government for low carbon technologies: Designing the Visible Hand Long-term contracting in electricity markets, University Paris-Dauphine, 18th December 2013 | PDF

CERRE Regulation Dossier Energy & electricity

David Newbery CERRE Regulation Dossier Energy & electricity Kick-off meeting for EC 2014-18, Brussels, 22 January 2014 | PDF

Progress on market reform: EMR, the I-SEM and the TEM

David Newbery Progress on Market Reform: EMR, the I-SEM and the TEM Presented at the Electricity Market Reform, Belfast 28th, March 2014 | PDF

Laura-Lucia Richter receives one-year Junior Fellowship Research Award from the Secretary General of the Royal Economic Society

 

EPRG 1407

Raphael J. Heffron and William J. Nuttall Scotland, Nuclear Energy Policy and Independence EPRG 1407 | Abstract  | NTS | PDF

RPI-X, competition as a rivalrous discovery process, and customer engagement

Stephen Littlechild RPI-X, competition as a rivalrous discovery process, and customer engagement Paper prepared for the Conference, The British Utility Regulation Model: Beyond Competition and Incentive Regulation?, LSE 31 March 2014| PDF

EPRG 1406

Stephen Littlechild The competition assessment framework for the retail energy sector: some concerns about the proposed interpretation EPRG 1406 | Abstract  | PDF

Energy, Politics and the Consumer: British Academy, 3 April 2014

As the national debate on fuel bills and living standards continues, the YouGov-Cambridge Programme launched a special report on ‘Energy, Politics and the Consumer‘ with an evening event at the British Academy on Thursday 3rd April. The evening covered a range of subjects, including: the reputation of energy companies in the UK and how toContinue Reading

Explanatory Statement on the Regulatory Conduct Authority’s Occasional Paper 1

There was a wide variety of responses to “Applying behavioural economics at the Regulatory Conduct Authority”, Occasional Paper 1, published on 1 April 2014. These ranged from support for or concern about the RCA’s proposed policy, through the enigmatic “thank you, very interesting”, to “fantastic, brilliant”. But I suspect that a large number of readersContinue Reading

Sorry Ofgem: Why simpler energy tariffs are not in consumers’ interests–City A.M. article by Stephen Littlechild

click here to read the full article.

Professor Stephen Littlechild, EPRG Research Associate, contributes to the first working paper of the Regulatory Conduct Authority (RCA).

Download PDF Here A rapidly growing literature on behavioural economics shows that some errors made by regulators are persistent and predictable. Behavioural economics uses insights from psychology to explain why regulators behave the way they do. Behavioural biases can cause regulators to misjudge important facts or to be inconsistent. Regulators left to themselves will oftenContinue Reading

LNG Pricing Worldwide and Gas Markets Reform

Chi Kong Chyong LNG Pricing Worldwide and Gas Markets Presented to the Russia LNG Congress, 13-14 March, 2014  |  PDF

EPRG 1405

Tooraj Jamasb and Rabindra Nepal Issues and Options in the Economic Regulation of European Network Security EPRG 1405 | Abstract  |  Non-Technical Summary | PDF

UK Renewables Demonstration Projects: Who Pulls the Plug?

Jon Stern UK Renewables Demonstration Projects: Who Pulls the Plug? Letters & Notes On Regulation–Number 3.1 | Published February, 2014 | PDF |

EPRG 1404

Karim L. Anaya and Michael G. Pollitt Does Weather Have an Impact on Electricity Distribution Efficiency? Evidence from South America EPRG 1404 | Abstract  |  Non-Technical Summary | PDF

Trust and European-Russian Energy Relations – The Case of Oil and Gas Partnerships and Long Term Contracts

Marc Ozawa Trust and European-Russian Energy Relations – The Case of Oil and Gas Partnerships and Long Term Contracts February, 2014 | PDF

Planetary Economics Book Launch, 10th March 2014,

PLANETARY ECONOMICS Energy, Climate Change and the Three Domains of Sustainable Development By Michael Grubb Launch meeting on 10th March 2014, 6-7.30pm, Beves Room, Kings College, Cambridge Chair:  Lord Martin Rees, former President, Royal Society and Master, Trinity College Cambridge Presentation:  Michael Grubb Respondents: Sir David King (UK Foreign Secretary’s Special Representative on Climate Change andContinue Reading

DG COMP reviews the State Aid application by Hinkley Point C, Associate Research Richard Green provides the analytic underpinning

DG COMP reviews the State Aid application by Hinkley Point C here and Associate Research Richard Green provides the analytic underpinning here

EPRG 1403

Jorge E. Galán and Michael G. Pollitt Inefficiency persistence and heterogeneity in Colombian electricity distribution utilities EPRG 1403 | Abstract  |  Non-Technical Summary | PDF

EPRG 1402

Rahmatallah Poudineh, Grigorios Emvalomatis, and Tooraj Jamasb Dynamic Efficiency and Incentive Regulation: An Application to Electricity Distribution Networks EPRG 1402 | Abstract  |  Non-Technical Summary | PDF

EPRG 1401

Pär Holmberg and Andy Philpott Supply function equilibria in transportation networks EPRG 1401 | Abstract  |  Non-Technical Summary | PDF

EPRG-DG ENER Workshop 9-10 January, 2014

DG ENER and EPRG collaborated on a join workshop that took place 9-10 January in Cambridge, United Kingdom.  There was a dinner held at Clare College the evening of the 9th, including a key-note speech by Klaus-Dieter Borchardt (DG ENER, Director Unit B) and a full-day seminar at Memorial Court, Clare College on the 10th. Continue Reading

EPRG 1334

Claire M. Weiller, Michael G. Pollitt Platform markets and energy services EPRG 1334  Abstract | Non-Technical Summary | PDF

2013 EPRG Winter Seminar

EPRG is pleased to announce our successful 2013 Winter Seminar with NERA Economic Consulting.  EPRG and NERA hosted delegates to a dinner at Christs College on the 12th of December followed by a full-day seminar at Memorial Court, Clare College.   Please click here to view the presentations from the seminar.

EPRG 1333

Nadia Chernenko Market power issues in the reformed Russian electricity supply industry EPRG1333 Abstract | Non-Technical Summary | PDF

Annex E: EMR Panel of Technical Experts, Final Report for DECC

Click here for a PDF version

EPRG1332

Laura-Lucia Richter Social Effects in the Diffusion of Solar Photovoltaic Technology in the UK EPRG1332 Abstract | Non-Technical Summary | PDF

EPRG1331

Rahmatallah Poudineh and Tooraj Jamasb Distributed Generation, Storage, Demand Response, and Energy Efficiency as Alternatives to Grid Capacity Enhancement EPRG 1331  Abstract | Non-Technical Summary | PDF

EPRG 1329

Jean-Michel Glachant and Arthur Henriot Melting-pots and salad bowls: the current debate on electricity market design for RES integration EPRG1329 Abstract | Non-Technical Summary | PDF

EPRG 1328

Marta Rocha, Michelle Baddeley and Michael G. Pollitt Addressing self-disconnection among prepayment energy consumers: A behavioural approach EPRG1328 Abstract | Non-Technical Summary | PDF

EPRG1327

Musiliu O Oseni, Michael G Pollitt, David M Reiner, Laura-Lucia Richter, Kong Chyong and Michelle Baddeley 2013 EPRG Public Opinion Survey: Smart Energy – Attitudes and Behaviours EPRG1327 Abstract | Non-Technical Summary | PDF

EPRG1326

Musiliu O. Oseni, Michael G. Pollitt The Economic Costs of Unsupplied Electricity: Evidence from Backup Generation among African Firms EPRG1326 Abstract | Non-Technical Summary | PDF

EPRG1325

Thomas Greve and Michael G. Pollitt Determining the optimal length of regulatory guarantee: A Length-of-Contract Auction EPRG1325 Abstract | Non-Technical Summary | PDF

EPRG1324

Thomas Greve and Michael G. Pollitt Network Procurement Auctions EPRG1324 Abstract | Non-Technical Summary | PDF

EPRG1323

Robert W. Hahn and Robert A. Ritz Does the Social Cost of Carbon Matter?: An Assessment of U.S. Policy EPRG1323 Abstract | Non-Technical Summary | PDF

EPRG1322

Rabindra Nepal and Tooraj Jamasb Energy Efficiency in Market versus Planned Economies: Evidence from Transition Countries EPRG1322 Abstract | Non-Technical Summary | PDF

EPRG1321

M.C. Grimston and W.J. Nuttall The Siting of UK Nuclear Power Installations EPRG 1321  Abstract | Non-Technical Summary | PDF

EPRG1320

Karim L. Anaya and Michael G. Pollitt Finding the Optimal Approach for Allocating and Realising Distribution System Capacity: Deciding between Interruptible Connections and Firm DG Connections EPRG1320 Abstract | Non-Technical Summary | PDF

ENEL Foundation Press Release

Press Release “The Energy Policy Research Group (EPRG), a joint research centre based in Cambridge Judge Business School and the Faculty of Economics at the University of Cambridge recently received £190,000 as a donation from the Enel Foundation to support a two-year research project on “Zero Subsidy Scenarios and International Natural Gas Markets”. The projectContinue Reading

EPRG 1319

Nadia Chernenko The Russian electricity supply industry: from reform to reform? EPRG1319 Abstract | Non-Technical Summary | PDF

EPRG1318

David M Newbery and Thomas Greve The strategic robustness of mark-up equilibria EPRG1318 Abstract | Non-Technical Summary | PDF