Tag Archives: W. Nuttall

EP 58

Fabien Roques, David Newbery, William Nuttall Generation Adequacy and Investment Incentives in Britain: from the Pool to NETA EP 58  | Non-Technical Summary | PDF Abstract: Three years after the controversial change of the British market design from compulsory Pool with capacity payments to decentralised energy-only New Electricity Trading Arrangements (NETA) market framework, we compare… Continue Reading

EPRG 0512

Tooraj Jamasb, William Nuttall, Michael Pollitt New Electricity Technologies for a Sustainable Future EPRG 0512  | Non-Technical Summary | PDF Abstract: There is a growing concern over our reliance on conventional electricity sources and their long-term environmental, climate change, and security of supply implications, and much hope is vested in the ability of future technological… Continue Reading

EPRG 0509

Fabien Roques, William Nuttall, David Newbery, Richard De Neufville Nuclear Power: A Hedge against Uncertain Gas and Carbon Prices? EPRG 0509  | Non-Technical Summary | PDF Abstract: High fossil fuel prices have rekindled interest in nuclear power. This paper identifies specific nuclear characteristics making it unattractive to merchant generators in liberalised electricity markets, and argues… Continue Reading

EPRG 0626

Fabien Roques, David Newbery, William Nuttall Fuel mix diversification incentives in liberalised electricity markets: a Mean-Variance Portfolio Theory Approach EPRG 0626 Non-Technical Summary | PDF Also published in: Energy Economics 30 (4) 2008, 1831-1849. Available at: ScienceDirect Abstract: The risks and returns associated with different choices of electricity generation technology cannot properly be considered in… Continue Reading

EPRG 0619

Fabien Roques, William Nuttall, David Newbery Using Probabilistic Analysis to Value Power Generation Investments Under Uncertainty EPRG 0619 Non-Technical Summary | PDF Abstract: This paper reviews the limits of the traditional ‘levelised cost’ approach to properly take into account risks and uncertainties when valuing different power generation technologies. We introduce a probabilistic valuation model of… Continue Reading

EPRG 0612

William Nuttall Nuclear Renaissance Requires Nuclear Enlightenment EPRG 0612 Non Technical Summary | PDF Also published in: Nuclear or Not? Does Nuclear Power Have a Place in a Sustainable Energy Future?  (2007) Editor D. Elliot, Palgrave and Macmillan, ISBN 978-0-230-50764-7 us.macmillan.com/nuclearornot  Nuttall, WJ and Taylor, S. “Financing the Nuclear Renaissance”, European Review of Energy Markets, 3 (2)… Continue Reading

EPRG 0731

William Nuttall, Devon Manz A New Energy Security Paradigm for the Twenty-First Century EPRG 0731 Non-Technical Summary | PDF Also published in: Technological Forecasting and Social Change 75(8) 2008, 1247-1259. Available at ScienceDirect Abstract: This paper considers three timescales facing energy policy makers: the timescale of technological innovation, the timescale of fossil fuel resource depletion… Continue Reading

EPRG 0727

Tao Zhang, William J Nuttall An Agent Based Simulation of Smart Metering Technology Adoption EPRG 0727 Non-Technical Summary | PDF Abstract: Based on the classic behavioural theory “the Theory of Planned Behaviour”, we develop an agent-based model to simulate the diffusion of smart metering technology in the electricity market. We simulate the emergent adoption of… Continue Reading

EPRG 0710

Laurent Pouret, William Nuttall Can Nuclear Power be Flexible? EPRG 0710 Non-Technical Summary | PDF Related paper: Laurent Pouret, Nigel Buttery and William Nuttall, Is Nuclear Power Inflexible?, Nuclear Future, 5, (6) pp. 333-341 and pp. 343-344. Available at Nuclear Future  Abstract: This paper raises the issue of whether nuclear power can play a flexible… Continue Reading

EPRG 0709

Alexandre Bredimas, William Nuttall A Comparison of International Regulatory Organizations and Licensing Procedures for New Nuclear Power Plants EPRG 0709 Non-Technical Summary | PDF Also published in: Nuttall, W.J. and Bredimas, A. (2008),”A Comparison of International Regulatory Organizations and Licensing Procedures for New Nuclear Power Plants”, Energy Policy, Volume 36, Issue 4, April, Pages 1344–1354… Continue Reading

EPRG 0822

Tao Zhang, William Nuttall Evaluating Government’s Policies on Promoting Smart Metering in Retail Electricity Markets via Agent Based Simulation EPRG 0822 Non-Technical Summary | PDF Also published in: Zhang, T. and Nuttall, W. J. (2011), Evaluating Government’s Policies on Promoting Smart Metering Diffusion in Retail Electricity Markets via Agent-Based Simulation. Journal of Product Innovation Management,… Continue Reading

EPRG 0818

Victoire Maugis, William J Nuttall Metapolicy Options for Energy in England EPRG 0818 Non-Technical Summary | PDF Abstract: This paper considers policy for policy-making – “metapolicy”. It specifically considers the current structures for energy policy making applying to England within the UK. The current policy landscape is described with a view to assessing possible improvements… Continue Reading

EPRG 0814

William Nuttall, Simon Taylor Financing the Nuclear Renaissance EPRG 0814 Non-Technical Summary | PDF Also was published in: Financing the Nuclear Renaissance, European Review of Energy Markets, 3 (2) pp. 187-202 Available at European Energy Institute Abstract: This paper considers the key economic risks associated with nuclear power. The authors observe that the bulk of… Continue Reading

EPRG 0927

Steven J Steer, William J Nuttall, Geoffrey T Parks and Leonardo VN Gonçalves Predicting the Cost of Unplanned Shutdowns of Power Stations: An Accelerator-Driven Subcritical Reactor Case Study EPRG 0927 Non-Technical Summary | PDF Also published in: Electric Power Systems Research, Volume 81, 2011, pages 1662-1671. Accessible online through Science Direct Abstract: The growing penetration of… Continue Reading

EPRG 0923

D. Hamilton, W. J. Nuttall, F. A. Roques Agent-Based Simulation of Technology Adoption: Possible phenomenologies associated with consumer shifts to local electricity generation EPRG 0923 Non-Technical Summary | PDF Abstract: We present an agent based model of technology diffusion where bounded rational agents are faced with uncertainty about the performance of the new technology versus… Continue Reading

EPRG 0921

William J Nuttall Slaves to Oil: Exploring parallels between the abolition of slavery and the challenge of climate change mitigation EPRG 0921 Non-Technical Summary | PDF Also published in: Nuttall, W.J., “Slaves to Oil”, chapter of “Energy and Innovation: Structural Change”, Purdue University Press, Chapter 6,  pp. 121-134, RPR chapter of PRB Abstract: This paper summarises… Continue Reading

EPRG 0918

David M. Reiner and William J. Nuttall Public and Social Acceptability of Geological Disposal of Carbon Dioxide and Radioactive Waste:  Similarities and Differences EPRG 0918 Non-Technical Summary | PDF Abstract: Physically, geological storage of carbon dioxide (CO2) and of nuclear waste are fundamentally different problems in terms of scale and toxicity. The political and social differences… Continue Reading

EPRG 0913

Chi Kong Chyong, David M. Reiner and William J. Nuttall Dynamics of the UK Natural Gas Industry:  System Dynamics Modelling and Long-Term Energy Policy Analysis EPRG 0913 Non-Technical Summary | PDF Also published in: Technological Forecasting and Social Change, 76 (3) 2009, 339-357 Available at: Science Direct Abstract: We present a dynamic model of the indigenous natural gas… Continue Reading

EPRG 1018

Michel-Alexandre Cardin, Steven J. Steer, William J. Nuttall, Geoffrey T. Parks, Leonardo V.N. Gonçalves, Richard de Neufville Minimizing the Cost of Innovative Nuclear Technology Through Flexibility: The Case of a Demonstration Accelerator-Driven Subcritical Reactor Park EPRG 1018 | Non-Technical Summary | PDF | Cost Model Abstract: Presented is a methodology to analyze the expected Levelised… Continue Reading

EPRG 1013

Steven J. Steer, Michel-Alexandre Cardin, William J. Nuttall, Geoffrey T. Parks and Leonardo V. N. Gonçalves Hedging Against Technology Risks of the Accelerator System of a First-of-a-Kind Accelerator-Driven Subcritical Reactor EPRG 1013 | Non-Technical Summary | PDF Abstract: Demonstrating the generation of electricity with Accelerator-Driven Subcritical Reactor (ADSR) technology will incur substantial financial risk both… Continue Reading

EPRG 1129

William Nuttall and Peter Storey Technology and Policy Issues Relating to Future Developments in Research and Radioisotope Production Reactors Also published in Progress in Nuclear Energy, Volume 77, November 2014, Pages 201-213 EPRG 1129 Abstract | Non-Technical Summary | PDF   Continue Reading