Kamiar Mohaddes, EPRG Associate Researcher, gave a presentation “Oil Price Volatility, Climate Change Uncertainty, and Macroeconomic Policy” at ERF Conference “The New Normal in the Global Economy: Challenges and Prospects for MENA”, in Cairo, Egypt, on 9 July 2018 | PDF You can also view the presentation here Continue Reading
Author Archives: EPRG Admin
Report “Reactive Power Management and Procurement Mechanisms: Lessons for the Power Potential Project” by K. Anaya and M. Pollitt
Karim Anaya and Michael Pollitt wrote a report for National Grid Power Potential Project titled “Reactive Power Management and Procurement Mechanisms: Lessons for the Power Potential Project” that was published on National Grid website on 11 June 2018. The Power Potential initiative is a customer funded project that is being implemented by National Grid and… Continue Reading
Presentation “When is a carbon price floor desirable?” by R. Ritz
Robert Ritz gave a presentation “When is a carbon price floor desirable?” to the French arm of the International Association for Energy Economics (IAEE) at a special event on carbon price floors held at Paris Dauphine University on 4 July 2018 | PDF Continue Reading
Policy Brief “A carbon price floor for power generation to reaffirm EU climate leadership” by D. Newbery, D. Reiner and R. Ritz
David Newbery, David Reiner and Robert Ritz published a Policy Brief “A carbon price floor for power generation to reaffirm EU climate leadership” on 28 June 2018. The brief is based on the EPRG Working Paper #1816 ‘The European Union should introduce a minimum price on carbon dioxide from electricity generation to accelerate low-carbon investment… Continue Reading
Journal Article: Energy Policy, 2018, Vol 120
David Newbery Evaluating the case for supporting renewable electricity Energy Policy, Volume 120, September 2018, Pages 684-696 Earlier version EPRG Working Paper #1706 Continue Reading
EPRG Working Paper 1820
Xiao-Yan Liu, Li-Qiu Liu, Bai-Chen Xie, Michael G. Pollitt Does environmental heterogeneity affect the productive efficiency of grid utilities in China? Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1819
Hao Chen, Chi Kong Chyong, Jia-Ning Kang, Yi-Ming Wei Economic dispatch in the electricity sector in China: potential benefits and challenges ahead Abstract | Non-Technical Summary | PDF Continue Reading
Presentation “UK Electricity Market Reform and the Energy Transition: Emerging Lessons” by D. Newbery
David Newbery gave a presentation “UK Electricity Market Reform and the Energy Transition: Emerging Lessons” at 41st International IAEE Conference in Groningen, The Netherlands, on 12 June 2018 | PDF Continue Reading
S. Littlechild latest submission to CMA
Stephen Littlechild has made a further submission to the CMA investigation of the SSE-Npower merger, suggesting that divestment to smaller suppliers of some 740,000 long-standing Npower domestic energy customers on Standard Variable Tariffs would address the CMA’s recently identified theory of harm associated with a loss of rivalry in the setting of default tariff prices | PDF… Continue Reading
EPRG Working Paper 1818
Victor Ajayi and David Reiner European Industrial Energy Intensity: The Role of Innovation 1995-2009 Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1817
Michael Grubb and David Newbery UK Electricity Market Reform and the Energy Transition: Emerging Lessons Abstract | Non-Technical Summary | PDF Also published in The Energy Journal 39(6) 1-24 | Text Continue Reading
EPRG Working Paper 1816
David Newbery, David Reiner, and Robert Ritz When is a carbon price floor desirable? Abstract | Non-Technical Summary | PDF Policy Brief “A carbon price floor for power generation to reaffirm EU climate leadership“, based on this paper, can be read here Continue Reading
EPRG Working Paper 1815
Michael Pollitt The European Single Market in Electricity: An Economic Assessment Abstract | Non-Technical Summary | PDF Continue Reading
2018 EPRG Spring Seminar
EPRG is pleased to announce our successful 2018 Spring Seminar in partnership with FTI Consulting and Compass Lexecon. On May 10, 2018 EPRG hosted delegates to dinner at Westminster College, and on May 11, 2018 at Downing College for a full-day seminar. Programme SESSION 1 – THE ROLE OF GAS IN ENERGY TRANSITIONS Chair: Jason Mann (FTI-Compass Lexecon Energy) Jonathan Stern (OIES) Challenges to… Continue Reading
K. Mohaddes quoted in Albawaba News
Kamiar Mohaddes was quoted in the article “This is ‘Winning’? Ending the Iran Deal is Alienating European Allies & Strengthening the Yuan” by Eleanor Beevor, on Albawaba News, on 14 May 2018. The interview covers his views on the likely impact on Iran’s oil exports following President Trump’s withdraw from JCPOA and unilateral sanctions by the… Continue Reading
EPRG News
We are pleased to announce that Robert Ritz, one of EPRG’s Assistant Directors, has been appointed as a member of Ofgem’s Academic Panel. The Panel is set to enhance Ofgem’s strategic thinking and early-stage policy development. More details on the Panel, its aims and current members can be found here Continue Reading
Khalid Ahmed
Visiting Researcher, Assistant Professor, Sukkur IBA University, Pakistan Supervisor: David Newbery Research Interests: Environmental and energy economics, energy policy, environmental policy and sustainable development. Continue Reading
EPRG Working Paper 1814
Sinan Kufeoglu and Michael Pollitt The impact of PVs and EVs on Domestic Electricity Network Charges: a case study from Great Britain Abstract | Non-Technical Summary | PDF Also published as a journal article in Energy Policy, Volume 127, April 2019, pp 412-424 | Text Continue Reading
Journal Article: Utilities Policy, 2018, Vol 52
Stephen Littlechild Competition, regulation and price controls in the GB retail energy market Utilities Policy, Volume 52, June 2018, Pages 59-69 Continue Reading
EPRG Working Paper 1813
Mohammad Hesamzadeh, Par Holmberg, Mahir Sarfati Simulation and Evaluation of Zonal Electricity Market Design Abstract | Non-Technical Summary | PDF Continue Reading
Diane Coyle
Bennett Professor of Public Policy, Bennett Institute for Public Policy, University of Cambridge E-mail: [email protected] Research Interests: Economic statistics and the digital economy, competition policy and digital markets, economics of new technologies, natural capital Biography: Diane was previously Professor of Economics at the University of Manchester and has held a number of public service roles… Continue Reading
EPRG Working Paper 1812
Ibrahim Abada, Andreas Ehrenmann, Xavier Lambin Unintended consequences: The snowball effect of energy communities Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1703 (Updated)
EPRG Working Paper 1703 The CMA’s analysis of the retail energy market: an examination using textbook economics by Stephen Littlechild has been updated and published under a new title The CMA’s assessment of customer detriment in the GB retail energy market. To view a new version, please click here Continue Reading
Comment “Competition, Regulation and Price Controls in the GB Retail Energy Market” by S. Littlechild
Stephen Littlechild’s paper “Competition, Regulation and Price Controls in the GB Retail Energy Market” is a revised and updated version of his July 2017 lead article in Australian Competition and Consumer Commission (ACCC) Network, which summarises and appraises the last decade of UK retail energy market regulation. The revised paper has been submitted to Utilities Policy. The full text can be found here The… Continue Reading
EPRG Working Paper 1811
Jacqueline CK Lam, Victor OK Li, David M. Reiner, Yang Han, and Shan Shan Wang Trust in Government and Effective Nuclear Safety Governance in Great Britain Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1810
Hao Yu, David M. Reiner, Hao Chen, Zhifu Mi A comparison of public preferences for different low-carbon energy technologies: Support for CCS, nuclear and wind energy in the United Kingdom Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1809
Tooraj Jamasb, Manuel Llorca, Pavan Khetrapal, Tripta Thakur Institutions and Performance of Regulated Firms: Evidence from Electric Utilities in the Indian States Abstract | Non-Technical Summary | PDF Continue Reading
Op-ed “Can Sovereign Wealth Funds Mitigate the Negative Impact of Volatility?” by K. Mohaddes
Kamiar Mohaddes and Mehdi Raissi’s paper “Can Sovereign Wealth Funds Mitigate the Negative Impact of Volatility?” is published in Economic Research Forum Policy Brief #31 in March 2018. The full text can be found here Continue Reading
Kirsi Kotilainen
PhD Student, Tampere University of Technology, Finland Supervisor: David Reiner Research Interests: Energy prosumers, energy technology diffusion, renewable energy policies, industry transitions Continue Reading
S. Littlechild latest submission to CMA
Stephen Littlechild has made a submission to the CMA investigation of the SSE-Npower merger, suggesting that the two companies agree to divest long-standing customers on Standard Variable Tariffs to smaller suppliers in the domestic energy market. He identifies ten respects in which this would increase competition, which is particularly important in present circumstances | PDF… Continue Reading
EPRG Working Paper 1808
Michael Grubb, Jean-Francois Mercure, Pablo Salas, Rutger-Jan Lange, Ida Sognnaes Systems Innovation, Inertia and Pliability: A mathematical exploration with implications for climate change abatement Abstract | Non-Technical Summary | PDF Continue Reading
K. Mohaddes quoted in Albawaba News
Kamiar Mohaddes was quoted in the article “Reneging on the Nuclear Deal Will Isolate America, Empower China, and Distance Europe” by Eleanor Beevor, on Albawaba News, on 28 February 2018. The article also makes a reference of Kamiar’s work “Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis” that was written together with… Continue Reading
Journal Article: Energy Economics, 2016, Vol. 59
Kamiar Mohaddes and Hashem Pesaran “Country-specific oil supply shocks and the global economy: A counterfactual analysis” Energy Economics, Volume 59, September 2016, Pages 382-399 Continue Reading
Report “The Regulation of Retail Competition in US Residential Electricity Markets” by S. Littlechild
Stephen Littlechild wrote a report on US competitive electricity markets “The Regulation of Retail Competition in US Residential Electricity Markets”. The report explains that all competitive retail markets in the US except Texas require incumbent network utilities to offer a default supply service to customers who do not choose a retail supplier, and to do… Continue Reading
Presentation “Global gas markets and the future of natural gas” by R. Ritz
Robert Ritz gave a keynote on “Global gas markets and the future of natural gas” at the 2018 Energy Transitions Conference at NTNU Trondheim, Norway, on 27 February 2018 | PDF Continue Reading
EPRG Working Paper 1807
Michael Pollitt, Chung-Han Yang and Hao Chen Restructuring the Chinese Electricity Supply Sector: An assessment of the market pilot in Guangdong Province Abstract | Non-Technical Summary | PDF The Chinese version of this paper can be viewed here Continue Reading
EPRG Working Paper 1806
Natalia Fabra A Primer on Capacity Mechanisms Abstract | Non-Technical Summary | PDF Continue Reading
Yu Wang
Visiting scholar, Institute of Energy, Environment and Economy, Tsinghua University, Beijing, China Supervisor: David Reiner Research Interests: renewable energy resources assessment, cost-benefit research and policy research, allowance allocation methodology for power sector in China’s national ETS, low carbon city development Continue Reading
Thomas McCarty
Research Assistant Email: [email protected] Supervisor: Chi Kong Chyong and Stuart Scott Research Topic: Operations research in the energy markets Biography: Tom is working as a research assistant with EPRG. He previously obtained an MPhil in Energy Technologies from Cambridge and a Bachelor of Engineering (Hons)- Mechanical Engineering at the University of Auckland, New Zealand. His current… Continue Reading
EPRG Working Paper 1805
Mengfei Jiang, Xi Liang, David Reiner, Boqiang Lin and Maosheng Duan Stakeholder Views on Interactions between Low-carbon Policies and Carbon Markets in China: Lessons from the Guangdong ETS Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1804
Karim Anaya and Michael Pollitt Storage Business Models: Lessons for Electricity from Natural Gas, Cloud Data and Frozen Food Abstract | Non-Technical Summary | PDF Continue Reading
Alex O’Cinneide
CEO & Founder Gore Street Capital Email: [email protected] Research Interests: Transition Studies; Energy Policy, Renewable Energy Finance; Climate Change Background: Alex O’Cinneide is CEO and Chair of the Investment Committee of Gore Street Capital, a business he founded in 2015 which is now one of the largest owners and investors in energy storage globally. He previously was… Continue Reading
EPRG Working Paper 1802
Geoffroy Dolphin and Michael Pollitt International Spillovers and Carbon Pricing Policies Abstract | Non-Technical Summary | PDF This WP was revised in March 2019 and replaced the old version. Continue Reading
Article “An energy price cap will damage the industry. Here’s a viable alternative” by S. Littlechild
Stephen Littlechild published an article “An energy price cap will damage the industry. Here’s a viable alternative” in the Daily Telegraph on 9 January 2018 | PDF To read the article online, please click here Continue Reading
Presentation “Competition and the UK Retail Energy Market” by S. Littlechild
Stephen Littlechild gave a presentation “Competition and the UK retail energy market: Lessons for Australia?” during AEC Luncheon Seminar in Park Hyatt, Melbourne, Australia on 29 November 2017 | PDF He also presented “Competition and the UK retail energy market” at Meridian Energy Seminars, Wellington, New Zealand on 23 November 2017 | PDF You can view this presentation here Continue Reading
EPRG Working Paper 1801
Mahmud I. Imam, Tooraj Jamasb, and Manuel Llorca Sector Reforms and Institutional Corruption: Evidence from Electricity Industry in Sub-Saharan Africa Previously published in January 2018 under the title Power Sector Reform and Corruption: Evidence from Sub-Saharan Africa. Updated in May 2018 under a new title. Abstract | Non-Technical Summary | PDF Continue Reading
S. Littlechild latest submission to BEIS
Stephen Littlechild and other former energy regulators of the UK submitted a written evidence to the BEIS Select Committee on pre-legislative scrutiny of the draft domestic gas and electricity (tariff cap) bill in November 2017. The full text can be found here. On 12 December 2017, S. Littlechild gave evidence in person during the Select Committee meeting. The written… Continue Reading
EPRG Working Paper 1721
Ilkka Hannula and David Reiner The race to solve the sustainable transport problem via carbon-neutral synthetic fuels and battery electric vehicles Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1720
Gauthier de Maere d’Aertrycke, Andreas Ehrenmann, Daniel Ralph, and Yves Smeers Risk trading in capacity equilibrium models Abstract | Non-Technical Summary | PDF Continue Reading
EPRG Working Paper 1719
David Newbery Designing an electricity wholesale market to accommodate significant renewables penetration: Lessons from Britain Abstract | Non-Technical Summary | PDF Continue Reading