Tag Archives: R.GREEN

Policy assessment and good practices

Richard Green, Arturo Lorenzoni, Yannick Perez, Michael Pollitt Policy assessment and good practices Presented at the Conference – Implementing the Internal Market of Electricity: Proposals and Time Tables, Brussels Presented 9 September 2005 | Available at sessa.eu.com Read more

Brief academic opinion of economic professors and scholars on the project of acquisition of Endesa by Gas Natural

Julian Barquin, Lars Bergman, Claude Crampes, Jean-Michel Glachant, Richard Green, Christian Von Hirschhausen, Francois Leveque, Steven Stoft Brief academic opinion of economic professors and scholars on the project of acquisition of Endesa by Gas Natural 28 October 2005 | PDF Read more

EP 63

Richard Green Electricity Transmission Pricing: How much does it cost to get it wrong? EP 63  | Non-Technical Summary | PDF Abstract: Economists know how to calculate optimal prices for electricity transmission. These are rarely applied in practice. This paper develops a thirteen-node model of the transmission system in England and Wales, incorporating losses and… Read more

EP 41

Richard Green Did English Generators Play Cournot? Capacity withholding in the Electricity Pool EP 41 | Non-Technical Summary | PDF Abstract: Electricity generators can raise the price of power by withholding their plant from the market. We discuss two ways in which this could have affected prices in the England and Wales Pool. Withholding low-cost… Read more

EP 33

Richard Green Retail Competition and Electricity Contracts EP 33  | Non-Technical Summary | PDF Abstract: Long-term contracts for electricity can counter market power and reduce prices in short-term markets. If electricity retailers face competition, however, companies signing long-term contracts are exposed to the risk that a fall in short-term prices would allow rivals to buy… Read more

EPRG 0609

Richard Green, Arturo Lorenzoni, Yannick Perez, Michael Pollitt Benchmarking Electricity Liberalisation in Europe EPRG 0609 Non-Technical Summary | PDF Abstract: In this paper, we discuss the choice and use of benchmarks in each of five areas relevant to an assessment of the progress of EU electricity sector liberalisation. These areas are market design, market power,… Read more

EP 71

Paul Twomey, Richard Green, Karsten Neuhoff, David Newbery A Review of the Monitoring of Market Power: The Possible Roles of TSOs in Monitoring for Market Power Issues in Congested Transmission Systems EP 71  | Non-Technical Summary | PDF   Abstract: The paper surveys the literature and publicly available information on market power monitoring in electricity… Read more

EP 26

Joanne Evans, Richard Green Why Did British Electricity Prices Fall after 1998? EP 26  | Non-Technical Summary | PDF Abstract: In an attempt to reduce high electricity prices in England and Wales the government has reduced concentration among generators and introduced New Electricity Trading Arrangements (NETA). Econometric analysis on monthly data from April 1996 to… Read more