The Executive Summary of the Conference What Now? Climate Change and Energy After Paris that took place in Selwyn College, University of Cambridge, on 22 January 2016. The full text of the Summary can be found here. Continue Reading
Author Archives: EPRG Admin
S. Taylor quoted in “What’s the (Hinkley) Point?”, The Economist, 27 February 2016
The new book ” The Fall and Rise of Nuclear Power in Britain” by Simon Taylor was featured in the article What’s the (Hinkley) Point? published in The Economist on 27 February 2016. To read the article, please click here Continue Reading
Tiago Cavalcanti
University Senior Lecturer, Faculty of Economics, University of Cambridge E-mail: [email protected] Research Interests: Macroeconomics, Economic Development, Monetary Economics, and Applied Econometrics Biography: Ph.D. in economics from the University of Illinois at Urbana-Champaign. His research expertise is Macroeconomics, Economic Growth and Development. His research has appeared in leading academic journals, such as the Journal of Monetary… Continue Reading
EPRG Working Paper 1607
David Newbery Policies for decarbonizing a liberalized power sector Continue Reading
EPRG Working Paper 1606
Olaf Corry and David Reiner It’s the Society, Stupid! Communicating Emergent Climate Technologies in the Internet Age Continue Reading
EPRG Working Paper 1605
Janusz Brzeszczyński, Binam Ghimire, Tooraj Jamasb, and Graham McIntosh Socially Responsible Investment and Market Performance: The Case of Energy and Resource Firms Continue Reading
Stephen Littlechild’s latest contribution to CMA’s current Energy market investigation
Stephen Littlechild’s latest contribution to CMA’s current Energy market investigation “The CMA energy market investigation, the well-functioning market, Ofgem, Government and behavioural economics“. This paper is forthcoming in the European Competition Journal, March 2016. Executive Summary | Text Continue Reading
EPRG Working Paper 1604
Kamiar Mohaddes and Mehdi Raissi The U.S. Oil Supply Revolution and the Global Economy Continue Reading
EPRG Working Paper 1603
Arjun Mahalingam and David Reiner Energy Subsidies at Times of Economic Crisis: A Comparative Study and Scenario Analysis of Italy and Spain Continue Reading
Ilkka Hannula
Senior Energy Analyst at the IEA, Paris, France Email: [email protected] Research Interests: low-carbon fuels, system integration of renewables, electrification of industrial processes, and negative emissions technologies Biography: Dr Hannula is a Senior Energy Analyst at the IEA where he is leading the Agency’s analytical work on renewable energy technologies and assessing the role of renewables… Continue Reading
K. Mohaddes quoted in “Pouring Oil on Troubled Stock Markets”, Financial Times, 27 January 2016
Kamiar Mohaddes was quoted in an article “Pouring Oil on Troubled Stock Markets“, published by David Sheppard and Neil Hume in Financial Times on 27 January 2016. “People are seeing the impact of a massive oversupply of oil in the price and perceiving it as coming from the demand side, ” – K. Mohaddes The full… Continue Reading
Comment on Effect of El Niño on CCTV by K. Mohaddes
Kamiar Mohaddes, EPRG Associate Researcher, was invited as a panelist on the programme The Heat: El Niño and its Global Effects broadcast on 21 January 2016 on CCTV America. To view the programme, please click here Continue Reading
EPRG Working Paper 1602
Chi Kong Chyong and Roman Kazmin The Economics of Global LNG Trade: The Case of Atlantic and Pacific Inter-Basin Arbitrage in 2010-2014 Continue Reading
EPRG Working Paper 1601
David Newbery The long-Run Equilibrium Impact of Intermittent Renewables on Wholesale Electricity Prices Continue Reading
Anette Boom
Associate Professor, Department of Economics, Copenhagen Business School, Denmark Supervisor: David Newbery Research Interests: Industrial Economics/Organization, Applied Microeconomic Theory, Regulations, Electricity Markets, Asymmetric Information in Markets More information and publications can be found here Continue Reading
Juha Teirila
Doctoral Student in Economics, Oulu Business School, Finland Supervisor: Robert Ritz Research Interest: Electricity market modelling, capacity markets, power plant flexibility, subsidies for renewable energy, economics of electricity storages Continue Reading
David MacKay Received Knighthood for His Work in Energy and Climate Change
David MacKay, Regius Professor of Engineering, Cambridge University Engineering Department, lately Chief Scientific Advisor at DECC, and EPRG Associate Researcher, has been awarded a Knighthood in the 2016 New Year Honours List for “services to Scientific Advice in Government and Science Outreach”. Congratulations to Professor MacKay! We at EPRG are very proud to count him as one of… Continue Reading
Comment on effects of El Niño on BBC by K. Mohaddes
Kamiar Mohaddes, EPRG Associate Researcher, was interviewed by BBC World Service on 30 December 2015. The interview covered Dr. Mohaddes’s recent research on El Niño and its economic effects around the world. The interview can be found here (5:36 min onwards) Continue Reading
EPRG Working Paper 1525
Thomas Triebs and Michael Pollitt The Direct Costs and Benefits of US Electric Utility Divestitures Abstract | Non-Technical Summary | PDF Note: This Working Paper replaces EPRG WP#1024 Continue Reading
EPRG Working Paper 1524
Chi Kong Chyong Markets and long-term contracts: The case of Russian gas supplies to Europe Continue Reading
EPRG Working Paper 1523
Pär Holmberg and Frank Wolak Electricity markets: Designing auctions where suppliers have uncertain costs Continue Reading
2015 EPRG Winter Seminar
EPRG is pleased to announce our successful 2015 Winter Seminar in partnership with NERA. On December 10, 2015 EPRG hosted delegates to a dinner at Christ’s College, and on December 11, 2015 at Clare College for a full-day seminar. Continue Reading
EPRG Working Paper 1522
David Newbery and Thomas Greve The robustness of industrial commodity oligopoly pricing strategies Continue Reading
EPRG Working Paper 1521
Edward Anderson and Pär Holmberg Price Instability in Multi-Unit Auctions Continue Reading
Article “Don’t Blame the Abundance of Oil” by K. Mohaddes
Kamiar Mohaddes, Lecturer and Fellow in Economics, Girton College, University of Cambridge, and EPRG Associate Researcher, wrote a blog “Don’t Blame the Abundance of Oil” that was published in Huffington Post on 25 November 2015. The full text can be found here Continue Reading
EPRG Working Paper 1520
Michael Pollitt In Search of ‘Good’ Energy Policy: The Social Limits to Technological Solutions to Energy and Climate Problems Continue Reading
Felix Grey
William Cook Fellow in Economics, Corpus Christi College and Research Fellow, Cambridge Judge Business School, University of Cambridge Email: [email protected] Research interests: the political economy of environmental regulation; corporate lobbying over carbon pricing; industrial organisation and carbon pricing; social learning and environmental protection; economic history. Biography: Felix Grey is the William Cook Fellow in Economics at… Continue Reading
Comment “Response to CMA on Supplemental Remedies” by S. Littlechild
Stephen Littlechild and the other former energy regulators recently submitted their response to CMA on Supplemental Remedies. In their response they argue that prohibiting Standard Variable Tariffs would overrule customer preferences. It would be better to promote more competition for SVTs. They also propose an alternative way forward, to recognise that the extent of Ofgem’s… Continue Reading
Comment on effects of El Niño on CCTV America by K. Mohaddes
Kamiar Mohaddes, EPRG Associate Researcher, was interviewed by CCTV America News Channel on El Niño’s weather related impact on world business. His research on the topic was also mentioned in The Economist. To view the interview, please click here. To read the article, please click here. Continue Reading
Geoffroy Dolphin
Post Doctoral Fellow, Resources for the Future E-mail: [email protected] Research interests: energy policy, environmental economics, political economy Biography: Geoffroy received his Ph.D. in business economics from the University of Cambridge. He is now Post Doctoral Fellow at Resources For the Future. Geoffroy’s research interests span political economy, energy & environmental economics and climate policy. His… Continue Reading
EPRG Working Paper 1519
M. Pollitt and K. 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. Abstract | Non-Technical Summary | PDF Also published in The Energy Journal, 2016, under “Can current electricity markets cope with high shares of renewables? A comparison of… Continue Reading
EPRG Working Paper 1518
Morgan Bazilian and Debabrata Chattopadhyay Considering Power System Planning in Fragile and Conflict States Continue Reading
Report “Regulation of Retail Energy Markets in the UK and Australia” by S. Littlechild
Stephen Littlechild published a report “Regulation of Retail Energy Markets in the UK and Australia” in a weekly energy newsletter of Energy Supply Association of Australia (ESAA) on 15 October 2015. The full text of the report can be found here. You can also click here to read the introduction by Andrew Dillon, General Manager of Corporate… Continue Reading
Presentation “The Energy Union and the Energiewende” by M. Pollitt
Michael Pollitt gave a presentation “The Energy Union and the Energiewende” at Bruegel’s 10th Anniversary Conference that took place at the Federal Ministry for Economic Affaires and Energy, Berlin, Germany, on 28 September 2015 | PDF Continue Reading
Presentation “How to Support Innovation in Network Industries: The Role of Regulators and Competition and the Case of Electricity” by M. Pollitt
Michael Pollitt gave a presentation “How to Support Innovation in Network Industries: The Role of Regulators and Competition and the Case of Electricity” at 5th SEEK Conference in Mannheim, Germany on 9 October 2015 | PDF Continue Reading
Presentation “In Search of ‘Good’ Energy Policy: The Social Limits to Technological Solutions to Energy & Climate Problems” by M. Pollitt
Michael Pollitt gave an inaugural lecture “In Search of ‘Good’ Energy Policy: The Social Limits to Technological Solutions to Energy & Climate Problems” at Cambridge Judge Business School, on 7 October 2015 | PDF Continue Reading
Presentation “Stimulating Innovation in the Electricity Supply Industry” by D. Newbery
David Newbery presented “Stimulating Innovation in the Electricity Supply Industry” at the European Energy Forum 2015 that took place in London on 5 October 2015 | PDF Continue Reading
Presentation “Energy and the Environment: What’s the Challenge?” by D. Newbery
David Newbery gave a presentation “Energy and the Environment: What’s the Challenge?” at British Academy debate in London on 22 September 2015 | PDF Continue Reading
Lei Guo
Associate Professor from School of Public Administration, University of International Business and Economics, Beijing, China Supervisor: Michael Pollitt Research interests: Energy and environmental policy, Carbon emissions, Utility management and reform of government regulation Continue Reading
Evgenia Vanadzina
PhD candidate from School of Energy Systems, Lappeenranta University of Technology, Finland (http://www.lut.fi/web/en/school-of-energy-systems/electricity-market) Research interests: Russian electricity and capacity markets, Capacity Remuneration Mechanism (CRMs), Renewable energy support mechanisms, especially in the countries with an abundant fossil fuel, Russian energy policy and regulation, including electricity market and gas market liberalization issues. More information and a list… Continue Reading
Comment “Snakes and Ladders: price controls and markets. What might the CMA’s provisional findings mean for retail markets in utility services?” by S. Littlechild
Stephen Littlechild, Fellow at Judge Business School and EPRG Associate Researcher, addressed the Indepen Forum on 29 September 2015 which was on the theme”Snakes and Ladders: price controls and markets. What might the CMA’s provisional findings mean for retail markets in utility services?” The full text of his opening remarks can be found here. Continue Reading
EPRG Working Paper 1517
Sébastien Phan and Fabien Roques Is the Depressive Effect of Renewables on Power Prices Contagious? A Cross Border Econometric Analysis Continue Reading
EPRG Working Paper 1516
David Newbery Reforming UK Energy Policy to Live Within Its Means Continue Reading
EPRG Working Paper 1515
Xiaoping He and David Reiner Why Do More British Consumers Not Switch Energy Suppliers? The Role of Individual Attitudes Also published in Energy Journal, Volume 38 (6) Abstract | Non-Technical Summary | PDF Continue Reading
Harry van der Weijde
Scientist, Netherlands Organisation for Applied Scientific Research (TNO) Email: [email protected] Telephone: +31 6 15181760 Research interests: Techno-economic energy and transport system modelling; optimization; equilibrium modelling; risk and uncertainty; energy market design; economic impact analysis. Background: Harry van der Weijde is Scientist in the Department of Strategic Analysis and Policy at the Netherlands Organisation for Applied Scientific Research… Continue Reading
Op-ed “Nord Stream: The Sequel” by C.K. Chyong and D. Reiner
Chi Kong Chyong and David Reiner published an article “Nord Stream: The Sequel” on 12 August 2015 in EUobserver, an independent online newspaper covering EU affairs and based in Brussels. “The proposal to expand Nord Stream comes amid difficult negotiations on Turkish Stream, which, in December, replaced South Stream as the main transit proposal for… Continue Reading
EPRG Working Paper 1514
Aoife Brophy Haney Managerial interpretation and innovation in response to climate change Continue Reading
D. Reiner and C. K. Chyong quoted in “Nord Stream 2 Expansion to Face Political Hurdles”, Interfax Energy, 7 August 2015
David Reiner and Chi Kong Chyong were quoted in an article “Nord Stream 2 Expansion to Face Political Hurdles“, published by Annemarie Botzki on Interfax Energy website on 7 August 2015. “Nord Stream 2 would be cheaper because it is closer to the new Russian production base in Yamal, which would lower the cost of shipping gas to… Continue Reading
Op-ed “Russia’s Gas Pipeline Strategy and Europe’s Alternatives” by C. K. Chyong
Chi Kong Chyong published an article “Russia’s Gas Pipeline Strategy and Europe’s Alternatives” on EurActiv.com – the leading online media on EU affaires, on July 3, 2015. “Strained relationships between EU and Russia due to the Ukrainian conflict forced Gazprom, Russia’s state gas monopolist, to abandon the idea of controlling pipelines “from wellhead to burner tip”. Gazprom’s new… Continue Reading
EPRG Working Paper 1513
Amany El-Anshasy, Kamiar Mohaddes, and Jeffrey B. Nugent Oil, Volatility and Institutions: Cross-Country Evidence from Major Oil Producers Continue Reading