David Newbery, Pär Holmberg and Daniel Ralph Supply Function Equilibria: Step Functions and Continuous Representations Journal of Economic Theory, Volume 148, Issue 4, July 2013, Pages 1509-1551 Continue Reading
Author Archives: EPRG Admin
Journal Article: The Electricity Journal, 2013, vol. 26
Michael Pollitt and Aoife Brophy Haney Dismantling a Competitive Electricity Sector: The U.K.’s Electricity Market Reform The Electricity Journal, Volume 26, Issue 10, December 2013, Pages 8-15 Continue Reading
Journal Article: Journal of Industrial Economics, 2014, vol. 62
Robert Ritz On welfare losses due to imperfect competition The Journal of Industrial Economics, Volume 62, Issue 1, March 2014, Pages 167–190 Continue Reading
Journal Article: Energy Economics, 2014, vol. 44
Chi Kong Chyong and Benjamin Hobbs Strategic Eurasian natural gas market model for energy security and policy analysis: Formulation and application to South Stream Energy Economics, Volume 44, July 2014, Pages 198-211 Continue Reading
Journal Article: The Electricity Journal, 2014, vol. 27
Michael Pollitt and Aoife Brophy Haney Dismantling a Competitive Retail Electricity Market: Residential Market Reforms in Great Britain The Electricity Journal, Volume 27, Issue 1, January–February 2014, Pages 66-73 Continue Reading
Journal Article: Operations Research Perspectives, 2014, vol. 1
Manuel Llorca, Luis Orea and Michael Pollitt Using the latent class approach to cluster firms in benchmarking: An application to the US electricity transmission industry Operations Research Perspectives, Volume 1, Issue 1, March 2014, Pages 6-17 Continue Reading
Journal Article: Technological Forecasting and Social Change, 2014, vol. 86
Pavlos Symeou and Michael Pollitt Fixed voice telephony in economies of different sizes: when industry policy meets technological change Technological Forecasting and Social Change, Volume 86, July 2014, Pages 273-286 Continue Reading
Journal Article: Journal of Legal Studies, 2015, vol. 44
Robert Hahn and Robert Ritz Does the social cost of carbon matter? Evidence from US policy The Journal of Legal Studies, January 2015, Volume 44 (1) Continue Reading
Journal Article: Economics of Energy and Environmental Policy, 2015, vol. 4
Chi Kong Chyong and David Reiner Economics and Politics of Shale Gas in Europe Economics of Energy & Environmental Policy, 2015, Volume 4, no.1 Continue Reading
Journal Article: Applied Energy, 2015, vol. 144
Karim Anaya and Michael Pollitt Options for allocating and releasing distribution system capacity: Deciding between interruptible connections and firm DG connections Applied Energy, Volume 144, 15 April 2015, Pages 96-105 Based on EPRG WP#1320 Continue Reading
Journal Article: Energy Strategy Reviews, 2015, vol. 6
Mark Lemon, Michael Pollitt and Steven Steer Local energy policy and managing low carbon transition: The case of Leicester, UK Energy Strategy Reviews, Volume 6, January 2015, Pages 57-63 Continue Reading
Journal Article: Energy Policy, 2015, vol. 83
Tooraj Jamasb and Michael Pollitt Why and how to subsidise energy R+D: Lessons from the collapse and recovery of electricity innovation in the UK Energy Policy, Volume 83, August 2015, Pages 197-205 Continue Reading
Journal Article: Journal of Applied Econometrics, 2015, vol. 30
Kamiar Mohaddes, Tiago Cavalcanti and Mehdi Raissi Commodity Price Volatility and the Sources of Growth Journal of Applied Econometrics, Volume 30, Issue 6, September/October 2015, Pages 857–873 Continue Reading
Journal Article: Energy Policy, 2015, vol. 86
Musiliu Oseni Assessing the consumers’ willingness to adopt a prepayment metering system in Nigeria Energy Policy, Volume 86, November 2015, Pages 154-165 Continue Reading
Journal Article: Journal of Financial Intermediation, 2015, vol. 24
Robert Ritz and Ansgar Walther How do banks respond to increased funding uncertainty? Journal of Financial Intermediation, Volume 24, Issue 3, July 2015, Pages 386-410 Continue Reading
Journal Article: Journal of Risk Research, 2015, vol. 18
David Reiner Where can I go to see one? Risk communications for an ‘imaginary technology’ Journal of Risk Research 18(6), June 2015, pages 710-713 Continue Reading
Journal Article: Energy Economics, 2015, vol. 52 part B
Musiliu Oseni and Michael Pollitt A firm-level analysis of outage loss differentials and self-generation: Evidence from African business enterprises Energy Economics, Volume 52, Part B, November 2015, Pages 277–286 Continue Reading
Journal Article: Renewable and Sustainable Energy Reviews, 2015, vol. 51
Karim Anaya and Michael Pollitt The role of distribution network operators in promoting cost-effective distributed generation: Lessons from the United States of America for Europe Renewable and Sustainable Energy Reviews, Volume 51, November 2015, Pages 484-496 Based on EPRG WP#1422 Continue Reading
Journal Article: Economics of Energy & Environmental Policy, 2015
David Newbery and Michael Grubb Security of Supply, the Role of Interconnectors and Option Values: insights from the GB Capacity Auction Economics of Energy & Environmental Policy, 4(2), 65- 81 Continue Reading
Journal Article: Energy Policy, 2015, vol. 85
Karim Anaya and Michael Pollitt Integrating distributed generation: Regulation and trends in three leading countries Energy Policy, Volume 85, October 2015, Pages 475-486 Based on EPRG WP#1423 Continue Reading
Journal Article: Energy Policy, 2016, vol. 88
Musiliu Oseni and Michael Pollitt The promotion of regional integration of electricity markets: Lessons for developing countries Energy Policy Volume 88, January 2016, Pages 628-638 Continue Reading
Journal Article: European Journal of Operational Research, 2016, vol. 249
Daniel Hach, Chi Kong Chyong, and Stefan Spinler Capacity market design options: A dynamic capacity investment model and a GB case study European Journal of Operational Research, Volume 249, Issue 2, 1 March 2016, Pages 691-705 Continue Reading
Journal Article: Energy Policy, 2016, vol. 90
Xiaoping He and David Reiner Electricity Demand and Basic Needs: Empirical evidence from China’s Households Energy Policy Volume 90, March 2016, Pages 212-221 Continue Reading
Journal Article: Advances in Econometrics, 2016
Kamiar Mohaddes with Alexander Chudik, M. Hashem Pesaran, and Mehdi Raissi Long-Run Effects in Large Heterogeneous Panel Data Models with Cross-Sectionally Correlated Errors Advances in Econometrics (Volume 36): Essays in Honor of Aman Ullah, Emerald Publishing Continue Reading
Journal Article: Economics of Transportation, 2016
David Newbery and Gorban Strbac What is needed for Battery Electric Vehicles to become socially cost competitive? Economics of Transportation 5, March 2016, p.1–11 Continue Reading
Journal Article: Competition and Regulation in Network Industries, 2016
Francisco Castellano Ruz and Michael Pollitt Overcoming Barriers to Electrical Energy Storage: Comparing California and Europe Competition and Regulation in Network Industries, Vol.17, No.2, 2016, pp.123-150 Continue Reading
Journal Article: The Energy Journal, 2016, vol. 37
Michael Pollitt and Karim Anaya Can current electricity markets cope with high shares of renewables? A comparison of approaches in Germany, the UK and the State of New York The Energy Journal, Vol. 37, Bollino-Madlener Special Issue, 2016 Based on EPRG WP#1519 Continue Reading
Journal Article: Economics Letters, 2016, vol 146
Robert Ritz How Does Renewables Competition Affect Forward Contracting in Electricity Markets? Economics Letters vol. 146 p135-139 Continue Reading
Journal Article: Climate Policy, 2017, 17(1):
Jorge E. Viñuales, Joanna Depledge, David M. Reiner & Emma Lees Climate policy after the Paris 2015 climate conference Climate Policy Volume 17, Issue 1, 2017 Continue Reading
Journal Article: Nature Energy, 2016, no. 1
David Reiner Learning through a Portfolio of Carbon Capture and Storage Demonstration Projects Nature Energy, no. 1: 15011 (2016) Continue Reading
Journal Article: Energy Policy 2016, vol. 94
David Newbery Missing Money and Missing Markets: Reliability, Capacity Auctions and Interconnectors Energy Policy, volume 94, July 2016, p. 401–410 Continue Reading
Journal Article: Applied Energy, 2016, vol. 179
David Newbery Towards a green energy economy? The EU Energy Union’s transition to a low-carbon zero subsidy electricity system – Lessons from the UK’s Electricity Market Reform Applied Energy, Volume 179, 1 October 2016, Pages 1321-1330 Continue Reading
Journal Article: Energy Policy, 2016, vol. 94
David Newbery, Goran Strbac, and Ivan Viehoff The benefits of integrating European electricity markets Energy Policy, Volume 94, July 2016, Pages 253-263 Continue Reading
Article “Competition and Price Controls in the UK Retail Energy Market” by S. Littlechild
Stephen Littlechild published an article “Competition and Price Controls in the UK Retail Energy Market” in the Australian Competition and Consumer Commission Network publication on 7 July 2017. This lead article summarises and appraises the last decade of UK retail market regulation. The full text of the article can be read here Continue Reading
Journal Article: Energy Economics, 2017, Vol. 65
Kamiar Mohaddes and Hashem Pesaran Oil prices and the global economy: Is it different this time around? Energy Economics, Volume 65, June 2017, Pages 315-325 Continue Reading
Journal Article: Energy Policy, 2017, vol. 105
David Newbery Tales of Two Islands – Lessons for EU Energy Policy from Electricity Market Reforms in Britain and Ireland Energy Policy, Volume 105, June 2017, Pages 597-607 Continue Reading
Journal Article: Renewable and Sustainable Energy Reviews, 2017, Vol. 70
Musiliu Oseni and Michael Pollitt The Prospects for Smart Energy Prices: Observations from 50 Years of Residential Pricing for Fixed Line Telecoms and Electricity Renewable and Sustainable Energy Reviews, Volume 70, April 2017, pp. 150-160 Continue Reading
Journal Article: Oxford Review of Economic Policy, 2017, Vol. 33 (S1)
Michael Pollitt The Economic Consequences of Brexit: Energy Oxford Review of Economic Policy, March 2017, Volume 33 (S1): S134-S143 Continue Reading
Journal Article: Energy Journal, 2017, Vol. 38 (6)
Xiaoping He and David Reiner Why Consumers Switch Energy Suppliers: The Role of Individual Attitudes Energy Journal, 2017, Volume 38, no.6 Continue Reading
Journal Article: Nature Energy, 2017, no. 2
L.D. Anadon, E.D. Baker, V. Bosetti Integrating Uncertainty Into Public Energy R&D Decisions Nature Energy 2, Article number: 17071 (2017) Continue Reading
Journal Article: Energy Policy, 2017, no. 105
Karim Anaya and Michael Pollitt Going Smarter in the Connection of Distributed Generation Energy Policy, 105, June 2017, pp. 608-617 Based on EPRG WP#1510 Continue Reading
EPRG Working Paper 1713
Thomas Greve, Fei Teng, Michael Pollitt, Goran Strbac A system operator’s utility function for the frequency response market Continue Reading
EPRG & CEEPR Annual Conference with support of ENEDIS, Paris, France, 6-7 July 2017
EPRG is pleased to announce our successful 2017 EPRG & CEEPR Annual Conference with support from ENEDIS. The Conference took place at The Sorbonne University in Paris on 6 – 7 July and comprised of 1,5 day of sessions and dinner with concert. Continue Reading
EPRG Working Paper 1712
Juha Teirilä Market Power in the Capacity Market? The Case of Ireland Continue Reading
Letter from S. Littlechild to Ofgem on retail energy market , 23 June 2017
Stephen Littlechild and other former UK regulators sent a letter to Dermot Nolan, Ofgem, following a letter from the Secretary of State to Ofgem about the retail energy market, and Ofgem’s statement in response to the letter, on 23 June 2017. The text of the letter can be read here The Secretary of State’s letter and… Continue Reading
EPRG Working Paper 1711
David Newbery, Michael Pollitt, Robert Ritz, and Wadim Strielkowski Market design for a high-renewables European electricity system Continue Reading
Presentation “How ‘Integrated’ is an Integrated Oil and Gas Company (IOC)? Understanding how and why IOCs pursue alternative business models in global natural gas markets” by D. Reiner
David Reiner gave a presentation “How ‘Integrated’ is an Integrated Oil and Gas Company (IOC)? Understanding how and why IOCs pursue alternative business models in global natural gas markets” at the Annual International IAEE Conference in Singapore on 19 June 2017 | PDF Continue Reading
Presentation “An Assessment of Gazprom’s Proposed Commitments Concerning Central and Eastern European Gas Markets” by C.K. Chyong
Chi Kong Chyong gave a presentation “An Assessment of Gazprom’s Proposed Commitments Concerning Central and Eastern European Gas Markets” during the meeting of International Energy Unit and Strategic and International Analysis, BEIS, in London on 8 June 2017 | PDF Continue Reading
Melvyn Weeks
Senior Lecturer, Faculty of Economics, University of Cambridge E-mail: [email protected] Research Interests: Microeconometrics, particularly discrete choice models; modelling demand systems in empirical industrial organisations; revealed and stated preference models; model testing and evaluation; computationallly intensive methods including simulation-based inference and the bootstrap; convergence within and across countries More information Continue Reading
Victor Ajayi
Research Associate Email: [email protected] Research Interest: efficiency and productivity analysis using stochastic frontier econometrics, energy economics, electricity market reform, banking reform, and economic policy. Biography: Victor completed his PhD degree in Economics from Loughborough University in 2017. He holds a master’s degree in Energy Economics and Policy from University of Surrey. He is also a network… Continue Reading