Chi Kong Chyong Markets and long-term contracts: The case of Russian gas supplies to Europe Continue Reading
Author Archives: EPRG Admin
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
Presentation “Prices and trade in global LNG markets” by R. Ritz
Robert Ritz gave a presentation “Prices and trade in global LNG markets” at Cambridge University Energy Network (CUEN), Jesus College, Cambridge, 9th June 2014 | PDF Continue Reading
Global Trends in Electricity Transmission System Operation: Where does the future lie? by M. Chawla and M. Pollitt
Mallika Chawla and Michael Pollitt “Global Trends in Electricity Transmission System Operation: Where does the future lie?” | PDF Continue Reading
Comment on Catherine Waddams’s blog post: “A Regulator’s Price Comparison Website is Not Sensible” by S. Littlechild
Comment on Catherine Waddams’s blog post: “A Regulator’s Price Comparison Website is Not Sensible” by S. Littlechild – Full Text Continue Reading
Article “‘Goldilocks’ Energy Price Limit Doesn’t Bear Scrutiny” by S. Littlechild
Stephen Littlechild, Fellow at Judge Business School and EPRG Associate Researcher, published an article ‘Goldilocks’ Energy Price Limit Doesn’t Bear Scrutiny in The Telegraph newspaper. “Two cheers for the Competition and Markets Authority’s provisional findings in its energy market investigation. The first is for its comprehensive assessment of which aspects are a problem and which aren’t.… Continue Reading
EPRG/CEEPR Annual Conference with support of Shell, London, UK, 9 -10 July 2015
EPRG is pleased to announce our successful 2015 EPRG/CEEPR Annual Conference with support from Shell. The Conference took place at The Langham Hotel in London on 9 – 10 July and comprised of 1,5 day of sessions and dinner. PROGRAMME Thursday 9 July 2015 SESSION 1 – SETTING A FRAMEWORK FOR THE ENERGY TRANSITION Chaired by Suman Bery … Continue Reading
Book “Deconstructing Energy Law and Policy, The Case of Nuclear Energy” by R. Heffron
Raphael Heffron, Lecturer in Law at Leeds University and EPRG Associate, published his new book “Deconstructing Energy Law and Policy, The Case of Nuclear Energy“. To order the book online, please click here Continue Reading
Presentation “Why ‘Good Energy Policy’ is Difficult? – Reflections on 5 Years in the DECC” by D. MacKay
David MacKay, Professor of Engineering and EPRG Associate, gave a presentation “Why ‘Good Energy Policy’ is Difficult? – Reflections on 5 Years in the DECC” on 30 April 2015 at In Search of ‘Good’ Energy Policy meeting on the policy making process of Department of Energy and Climate Change based on his time at DECC |… Continue Reading
Book “The Future of Electricity Demand: Customers, Citizens and Loads” by M. Pollitt and T. Jamasb
What will electricity and heat demand look like in a low-carbon world? Ambitious environmental targets will modify the shape of the electricity sector in the twenty-first century. ‘Smart’ technologies and demand-side management will be some of the key features of the future of electricity systems in a low-carbon world. Meanwhile, the social and behavioural dimensions… Continue Reading
Book “Energy and Innovation: Structural Change and Policy Implications” by M. van Geenhuizen, W. Nuttall, D. Gibson, E. Oftedal
The move towards sustainable energy production and use is one the most challenging and profound changes currently taking place in the world’s established and emerging economies. Energy and Innovation: Structural Change and Policy Implications presents a series of informative case studies from Norway, the United Kingdom, Poland, the United States, Russia, Japan, and China that… Continue Reading
Book “Security Of Energy Supply In Europe: Natural Gas, Nuclear and Hydrogen” by F. Lévêque, J. Glachant, J. Barquín, C. von Hirschhausen, F. Holz, and W. Nuttall
In economic, technical and political terms, the security of energy supply is of the utmost importance for Europe. Alongside competition and sustainability, supply security represents a cornerstone of the EU’s energy policy, and in times of rising geopolitical conflict plays an increasingly important role in its external relations. Within this context, the contributors analyse and… Continue Reading
Book “Delivering a Low-Carbon Electricity System: Technologies, Economics and Policy” M. Grubb, T. Jamasb, M. Pollitt
Meeting targets aimed at tackling the climate change challenge requires moving towards a low-carbon economy. These targets can only be met with major reductions in carbon emissions from the electricity sector. Written by a team of leading academics and industry experts, Delivering a Low Carbon Electricity System analyses the social, technological, economic and political issues… Continue Reading
Book “Privatisation and Financial Collapse in the Nuclear Industry: The Origins and Causes of the British Energy Crisis of 2002” by S. Taylor
A timely contribution and incisive analysis, this is the story of the British experiment in privatizing the nuclear power industry and its subsequent financial collapse. It tells how the UK’s pioneering role in nuclear power led to bad technology choices, a badly flawed restructuring of the electricity industry and the end of government support for nuclear… Continue Reading
Book “Future Electricity Technologies and Systems”, by T. Jamasb, W. Nuttall, M. Pollitt
Where will our electricity come from in the future, and how will we use it? The UK is aiming for a 60% reduction of 1990 carbon dioxide emission levels by 2050, yet the electricity industry and patterns of electricity use must change radically if this is to be achieved. This authoritative overview analyses a range of… Continue Reading
Book “Nuclear Renaissance: Technologies and Policies for the Future of Nuclear Power” by W. Nuttall
With growing concerns over environmental issues and global energy consumption, there is increasing interest in nuclear power generation, despite its diminished role in the West over the last few decades. Many of those involved with nuclear power and environmental agencies see controlled expansion of nuclear plants as the most environmentally friendly way of meeting growing… Continue Reading
Thomas Tangerås
Senior Research Fellow, Research Institute of Industrial Economics, Stockholm, Sweden Telephone: +46 (0) 8 665 45 26 Email: [email protected] Research Interests: Electricity markets and regulation. Background: Thomas Tangerås directs the “Sustainable Energy Transition” research program at the Research Institute of Industrial Economics in Stockholm. He has held visiting positions at University of Toulouse and Stanford… Continue Reading
C.K. Chyong quoted in “Deeper Reforms Needed for Ukrainian Gas Market”, 12 June 2015
C. K. Chyong was quoted in an article “Deeper reforms needed for Ukrainian gas market” published in ICIS website newsletter – the world largest petrochemical market information provider that covers Energy among other subjects. “The Ukraine’s new gas market law will have little impact on the transparency and efficiency of the country’s gas sector if… Continue Reading
Presentation “Energy Prices: Up or Down?” by M. Pollitt
Michael Pollitt gave a presentation “Energy Prices: Up or Down?” at CUEN Annual Energy Conference in Cambridge on 11 June 2015 | PDF Continue Reading
Jim Krane
Wallace S. Wilson Fellow for Energy Studies, Baker Institute for Public Policy, Rice University, Houston, Texas, USA Tel: +1 713 348-3567 Email: [email protected] Biography: Jim Krane, Ph.D., is the Wallace S. Wilson Fellow for Energy Studies at Rice University’s Baker Institute for Public Policy. His research addresses the geopolitical aspects of energy, with a focus on the Middle… Continue Reading
Presentation “UK Energy Policy Before and After the 2015 General Election” by M. Pollitt
Michael Pollitt gave a presentation “UK Energy Policy Before and After the 2015 General Election” at French Association of Energy Economists (FAEE) Conference, on 10 June 2015, Paris, France | PDF Continue Reading