The Energy Policy Research Group (EPRG) is based at Judge Business School in the University of Cambridge and is one of the world’s leading research centres on energy & environmental economics and policy. EPRG’s mission is to inform good energy policy through research at the highest international levels of excellence.
EPRG produces world-class academic research on a wide range of energy and environmental policy issues, in three broad areas:
- Economics of electricity and natural gas markets
- Economics of climate change policy, especially carbon pricing and technology policy
- Political economy of energy and climate change policy
Our core research discipline is economics, within a framework that encourages collaboration between experts from different academic traditions, drawing on cross-disciplinary insights from data science, engineering, history, finance, law, management, and political science.
EPRG has ranked among the top academic institutions in the world for energy policy. The 2020 Global Go To Think Tank Index Report published by the University of Pennsylvania ranked EPRG 7th globally in the “Energy and Resource Policy Think Tanks” category, making it the 2nd in this category in the United Kingdom. Our research on energy economics at Cambridge Judge Business School is 7th in the Ideas/Repec global ranking.
We have a long-standing partnership with the Centre for Energy and Environmental Policy Research (CEEPR) at MIT and have since 2004 jointly held a flagship annual international research conference.
EPRG draws on an international network of over 70 Associate Researchers—including many EPRG alumni—working at leading universities and research centres across Europe, Asia and North America.
Within Cambridge University, EPRG’s maintains strong links to the Energy@Cambridge interdisciplinary research centre and the wider Cambridge Zero initiative.
EPRG’s research has been supported by funding from UK research councils, the European Commission and World Bank, various think tanks and charitable foundations as well as by industry stakeholders via our Energy Policy Forum.
EPRG’s beginning lie in the economics of the privatization of electricity markets in the UK and US in the 1990s, and in the work of Cambridge-MIT Institute from 2002 onwards. In 2005, EPRG was awarded £2.38m from the UK Research Councils under the research program “Towards a Sustainable Energy Economy”. Today, EPRG’s research covers all aspects of energy and environmental economics and policy.